expense management software Archives

3 Steps to Transform your Financial Processes

In many enterprises, HR, marketing, and other departments have benefited from cloud technology but finance departments are stuck with old methods. So, how do you digitize finance departments? Modernizing organization’s travel and expense systems is one of the best ways through which you can revolutionize your business processes. Leveraging technological advancements such as capturing receipts […]

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Alleviating Expense Reporting Challenges With Finance Department

For finance departments, there is nothing more frustrating than cross-verifying expenses, or looking for missing receipts. Unexpected expenses can result in unnecessary time spent in reconciling expense reports. Expense reporting issues can be avoided with improved visibility and effective expense management process. Handle Employee Expenses Re-evaluating expense process and talking to employees about the issues

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Managing Your Business Spending More Wisely

Expense Management / September 28, 2017

Writing expense reports is a tedious job for anyone and manually managing them not only waste hours but also cost businesses more money. While expenses are unavoidable, spreadsheets, paper receipts and hours of manual data entry is avoidable if the process is automated. Around 80% of organizations are relying on expense data that is manually

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Improve ROI from Business Travel with Expense Software

Expense Management, Spend Management / September 25, 2017

Corporate travel is at the heart of many businesses, irrespective of the size and the sector. Business travelers know the value of getting out and meeting people face-to-face, despite the cost. The challenge is to quantify the value of travel so organizations can make the investment on business travel. Many corporations want to get a

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3 Best Practices for Managing Expense Report Process

Expense Management / September 22, 2017

Business travel can be a revenue generator or a money drain for companies. The challenge of doing everything from filing expense reports to reimbursement is it takes more time and effort. The key is to ensure you follow industry best-practices to save you time, money and improve the efficiency of the overall process. Here is

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Sorting out Corporate Travel Challenges

Expense Management, Spend Management / September 20, 2017

Expense reporting headaches can be solved in a number of ways. Some approaches may need some investment but can save the company time and money in the long run. Here are a few ways how businesses can handle expense reporting challenges. Using Travel and Expense Software To deal with poor visibility into spending and handling

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Travel and Expense Solution to Help your Small Business Cut Costs

Expense Management / September 20, 2017

Organizations need visibility into employee spending, no matter how small or big the spending is. Expense management has become the most challenging job for companies today. With increasing number of employees making purchases from their smartphone, businesses that are not using an automated expense tracking solution are left behind as they grow. While expense management

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Reasons Why Spreadsheets Doesn’t Work Best for Expense Management

Expense Management, Spend Management / September 8, 2017

SMEs often track their expenses using a spreadsheet such as Microsoft Excel. It is manageable when your employee count is not more than 50. As your company grows, the limitations of excel come into the play and the time to start considering software to manage your business expenses begins. While it is difficult to wade

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Cloud-based Expense Report Solution - SutiExpense

The Benefits Integrated Accounts and Expense Software Solution

Expense Management, Spend Management / September 8, 2017

Companies are under increasing pressure to manage their spending and quickly adapt to ever changing business conditions. The benefits of using an integrated solution are many – this approach will not only provide the visibility you need into spending but also puts less stress on your staff. Plus, no one wants to enter the same

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3 Ways Expense Report Software Cuts Business Travel Costs

Expense Management / September 1, 2017

Employee travel and entertainment expenses typically cost 10-12 percent of overall business operating costs. From reducing expense report processing costs to eliminating out-of-policy claims, there are a number of areas where expense report software can help organizations cut costs. In addition, analytical insight and the ability to drill down thousands of individual transactions can help

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