Tracking supplier credit terms and paying invoices on time helps accounts payable department manage cash flow efficiently. But, this doesn’t work for travel and expense reimbursement. To provide
[ Read More ]Inefficient expense management system can leave a huge impact on accounts payable, finance, and employees. The following are some of the common problems your organization will experience due to
[ Read More ]Managing company finances can be difficult. Accounting professionals often will be overwhelmed with where to begin. Getting accurate figures and useful reports are even harder to come by. Gaining
[ Read More ]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
[ Read More ]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
[ Read More ]It’s a known fact that last-minute business travel will cost more to businesses. So, how can travel policies and travel management solutions reduce last-minute business travel costs? Recent
[ Read More ]Is the expense reporting process getting your business down? Error-prone manual processes will not only take up your employees’ time but also the time of the finance department. An automated
[ Read More ]From SMEs to large enterprises, it is important for every business owner to understand the industry landscape and current economic conditions to make their enterprises successful. Small
[ Read More ]Most business travelers are using corporate credit cards for business transactions today. By using credit cards, business travel expenses can be quickly and easily managed. Apart from this,
[ Read More ]Business expenditure is considered differently by the IRS. While creating expense forms, you should make it easy for employees to report expenses by function. The ideal way to do this is to
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