There are five stages of Travel and Expense Management (TEM) that correlate to an organization’s lifecycle. As the company grows by the workforce, product lines and geographically, inefficient TEM processes would result in decrease productivity, revenue, and employee dissatisfaction. So, here are the five stages for effective travel and expense reporting that will help you […]
5 Steps for Effective T & E Management Read More »
Many large enterprises have manual processing of routine transactions, where a lot of time and effort are required. Sometimes, these manual calculations may also be misread or misinterpreted. Automated Spend Management systems not only ease your transaction process but makes processes way cheaper. Large global enterprises have millions of categories and processes where spend management
How Spend Management Software Helps Your Enterprise Read More »
For employees with bad spending habits, effective management, and tracking tools could be the answer. Tracking employees’ spending is the only way for businesses to curb bad spending habits. To cut down costs, businesses should make sure employees don’t overspend. Identifying employees with spendthrift tendencies and allowing them to manage their expenses effectively is the
4 Strategies to Slash Employee Overspending 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 »
Although many enterprises are gradually switching from spreadsheets to online expense report software, still some organizations are relying on manual processes for expense management. The reasons for this are many – maybe they think switching is too expensive, working with spreadsheets is easier or the size of their company is too small. While these reasons
3 Reasons Why Organizations Should Ditch Expense Spreadsheets Read More »
As companies work to cut down costs and ensure every penny spent of their travel budget is well accounted for, they are emphasizing more on visibility and greater control over their travel expenditure. Increasingly, companies are looking for a centralized platform that offers seamless integration between travel booking and expense management. Also, the new generation
Does Travel & Expense Integration Work for your Business? 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 »
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, credit cards ensure secure transactions and give credibility to business transactions. Also, the usage of credit cards will ensure T&E policy compliance and takes expense management to
How Credit Card Feeds will Take your Expense Reporting to the Next Level Read More »
Cutting costs and increasing productivity can be achieved by fully digitizing travel and expense management. Besides making life easy, data gathered from the digitized solution lets organizations take a deep look at how and why employees spend business money. Expense report software is often used as a basic transaction engine; instead it should be used
The Benefits of Mobile Expense Management Read More »
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 in the currency rates, it can be really difficult to track expenses while on a business trip. To overcome such obstacles and make the travel expense
Currency Exchange Rate: Does it Impact your T & E Management? Read More »
