Many organizations still follow and maintain excel spreadsheets, paper receipts, and printed reports for managing business expenses, and as a result often encounter fraudulent activities and
[ Read More ]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,
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