Companies are looking for more practical ways to save money on business travel. Corporate travel has become a strategic investment with expected returns, so it is best not to take a penny-wise approach for travel and expense management. Most businesses often overlook the costs associated with business travel, which can drain a company over time. […]
Saving on Corporate Travel – 3 Things to Keep in Mind Read More »
Do you really need to automate your expense reporting process? In the traditional expense report process, a single report passes through a number of hands before it gets filled. Starting with the employee who will manually enter expenses into a spreadsheet and attach receipts, the expense report goes to the manager who has to review
The Value Automation Adds to Traditional Expense Report Process Read More »
Expense management is one of the biggest challenges of a growing business. It may be due to trivial work procedures that fail as your business grows. Figuring out the best ways to manage and monitor employee expenses is not usually on the priority list for companies. When an organization is small, the expense set up
The Need of Expense Management Software for a Growing Business Read More »
The more your business expands, the more difficult it is to keep an eye on every dollar spent. With ever changing regulations and business norms, complying with policies and procedures can seem virtually impossible. What to audit? How often? Which departments or teams? How to distinguish mistakes versus manipulations in numbers? How to continuously track
Learn How Online Expense Report Software Can Prevent Fraud Read More »
Struggling to keep an eye on business transactions? Are you losing control over employee expenses? Not anymore. SutiExpense makes transaction management easier with credit card integration that pulls your employee transactions altogether. Managing employee transactions can be a hassle as it is difficult to check all transactions yourself. But, this will result in huge costs,
Think Credit Cards for Tracking Business Expenses Read More »
Today, technology and mobile together have become an integral part of our life, especially for business travelers. Many organizations are embracing the BYOD “bring your own device” trend. Nowadays, organizations do implement expense and reimbursement policies that allow employees to use personal devices, instead of relying only on company-issued smartphones or other devices. A recent
BYOD Trends for Business Expense Management Read More »
Business expense management is perhaps one of the most cumbersome ongoing processes in any organization; however, enterprises can capitalize on expense data to maximize efficiency. With the right tools in place, enterprises can monitor costs and cut down areas where spending is more. Taking the right approach can overcome obstacles quickly and easily. Proper expense
Best Practices for Effective Expense Management Read More »
With each passing day, significant trends are evolving in the travel and expense industry. Here’re a few trends that are driving the T & E market today. Mobility and User Friendly Applications Mobility has become an important factor to consider when it comes to enterprise applications. On the other hand, user experience is also becoming
Key Factors Driving the T & E Market Read More »
Small business owners don’t have a large team to work on back-office tasks. Also, they may not have funds available to outsource work to contractors. Fortunately, technology makes it easier to perform time-taking tasks quickly and affordably. If you want to scale up your business and give some more time for productive tasks, the following
Key Ways Technology Can Help Finance Professionals Read More »
In continuation of the Expense Management Best Practices post, we give you more information on how to simplify the expense reporting process. Clearly Document the Approval Process Most often, the approval process gets escalated because of the roles and authorities. Building the approval matrix becomes easy with the expense management solution as it allows you
Best Expense Management Practices- Part 2 Read More »
