Tag: expense management solution
In this digital era, the usage of smartphones is increasing day by day. Earlier travelers used to take piles of documents such as tickets, itineraries, and maps with them, …
To manage expenses effectively, businesses require a new wave of approaches that can handle the complex spend category. Besides having end-to-end an expense management system, organizations should align certain …
Finance teams face significant challenges while figuring out fraudulent expenses. As a lot of resources get involved, it has become easy to accept some kind of dishonest acts. That’s …
Undoubtedly corporate travel space has gained significant traction over the past few years. There is a strong correlation between professional and personal life, which is a major driver of …
Defining an expense policy requires you to balance the fine line between cutting down unnecessary costs and setting a policy that is reasonable for employees and managers. Creating a …
Like other business tools, an expense management system should make everyone’s job easy. Travel managers have certain requirements that a T&E solution should meet. Your business requirements can be …
Are you sure your employees are complying with your corporate T&E policy? If you are unsure, this is the right time for you to act seriously as non-compliance with …
While most businesses switch to digitized and automated solutions, a number of myths and misconceptions exist with the expense management solution. It’s been a long while when businesses use …
The usage of mobile device to book travel is on rise, which means it is getting more difficult for finance managers to ensure compliance and manage spending. With digital …
Sometimes your employees have to travel overseas to meet prospects and clients. Here, currency exchange makes your expense reimbursement complex if not managed properly. As there will be fluctuations …
