Travel industry is continuously evolving, and the changes within the industry will present both challenges and opportunities when you consider cost control. There are numerous options for business travelers for how to book the trips and which vendors to use. A business trip today will look completely different from that of the past few years. […]
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Expense management is the most crucial aspect in an organization. With companies spending more of their revenue on travel and entertainment expenses, following the best spend management practices will help streamline major spend challenges. Let’s take a look at few strategies that can be implemented by organizations across the world: Travel Parameters Parameters you consider
Best Industry Practices to Improve T & E Expense Management Read More »
Tracking your employee-initiated expenses has gotten a lot easier with technology. Right from mobile applications to online travel booking websites, technology allows employees to record and create expense reports as they move around, so they don’t have to spend time sitting in front of the desktop to submit expense reports. In fact, technology is eliminating
Managing business expenses manually gives you countless challenges. Cloud-based expense software makes it easy for small businesses to operate. With the help of an automated solution, you can quickly process transactions and complete them three times faster compared to doing them manually. Every business comes with different requirements and the processes will vary. Customized software
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With an intention to meet the needs of all businesses, we have integrated SutiExpense with yet another accounting system – NetSuite. We understand how difficult it is for you to manually input all the employee expenses into the accounting solution. That’s why we have integrated with the NetSuite accounting system to simplify the expense reimbursement
SutiExpense Integration with Netsuite Helps with Faster Reimbursements Read More »
Running a business requires you to spend a lot for company expenses. Using your personal credit card for business expenses is not a good idea always. As a small business owner you should provide company cards to your employees to make required business purchases. Using cards that offer rewards like points and cash back can
Which Credit Card is Right for Your Business? Read More »
Setting a travel and entertainment budget that your employees will love is not that easy. But with the help of technology, T&E budgeting will become easy for both employees and administrators. The following are a few tips that help you plan an effective T&E budget: Make use of sharing services Today, most companies are getting
How Expense Report Software Helps in Managing the T&E Budget Read More »
It’s a known fact that tracking all your expenses, including the small expenses gives you a better idea of how you are managing your money. But, does tracking small expenses really help you? Yes, it does. The following are a few reasons why you should track small business expenses. Tracking all expenses including those like
Does Tracking Small Expenses Benefit your Company? Read More »
Corporate credit cards have become a good option for companies to combat expense fraud. Most companies use corporate cards to verify and validate business spend. As giving a card to each employee is expensive, SMEs are looking for cost-effective ways to manage employee spending. Probably, ghost card can replace corporate credit cards and can be
How Ghost Card and Custom Receipt Features Simplify the Expense Reporting Process Read More »
Spend management, which involves sourcing goods and services, setting contracts and paying suppliers, impacts every employee in the company. As employees have to buy things that they need to do their jobs, they interact with every part of the spend management process. To maintain efficiency and agility, the spend management process has to be fast
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