Expense reimbursements are common in this business world. They provide organizations with a degree of control over staff purchases as they can select whether to reimburse an expense instead of giving them business credit cards. It has been observed that 1.7 billion dollars are the amount that the United States workers lend their employers […]
Expense Reimbursements: How It Is Hurting the Business Bottom Line Read More »
Managing expenses manually can be a tedious process. When data is collected, it remains stagnant until there’s human intervention. Error-prone and clunky expense report forms, slow reimbursements, and confusing travel and expense policies are all key frustrations for your staff when it comes to expense management. Not only do your employees get annoyed, but also
Ways to Resolve Major Problems in Expense Management Read More »
Employees spend billions of dollars on corporate travel expenses. Expense reimbursements give organizations control over employee spending by giving corporate cards with direct lines of credit to their bank account. Finally, the business ends up issuing reimbursements for extremely legitimate expenses after a lot of back-and-forth. This process creates confusion among employees who are not
Expense Reimbursement Challenges & How Expense Software Could Help Read More »
Although you would want to look at every expense carefully, sometimes you may miss out on a few of them. These expenses can be out of policy claims, resulting in a huge loss to the company when summed up. Accountants should review each expense report to make sure that the expenses claimed for reimbursement are
Tips on Reviewing Expense Reports Read More »
Do you think your employees are misrepresenting your expense process? Unfortunately, it is quite possible for employees to take advantage of the corporate T&E policy. Expense reimbursement fraud accounts for around 15 percent of business fraud. Even though there are many ways, employees can indulge in fraudulent activities mainly in two ways, they are: Unnecessary
Are your Employees Misusing the Corporate T&E Policy? Read More »
Intuitive dashboards and user-friendly navigation are the two primary reasons for why SutiExpense is embraced by most businesses. Our solution is developed keeping users in mind, which is why it makes it extremely easy for customers to get the information they need without waiting for long period. The dashboards feature everything you need to know
Intuitive Dashboards Make SutiExpense Impeccable Read More »
There are times when things won’t really work well. This is especially true in case of travel and expense because companies don’t really get what they expect. A travel and expense program can make things work the way you want by streamlining reporting, and ensuring policy compliance. The following are a few signs that tell
Signs that tell you should consider expense software Read More »
One of the big issues that employees usually face is that how long it will take for an expense report to get approved. The length of the approval process depends on your expense line items. The delay in approval process will discourage employees from taking business trips. In most cases, employees just don’t show interest
Why businesses should consider pre-trip approval process? Read More »
At the end of the day, it is the finance department that is responsible to look after all the company expenses. They are the ones who should cross-verify the expenses department-wise at regular intervals of time. As a lot of expense reports come from different departments and branches, ensuring that all expenses abide by the
SutiExpense Makes your Finance Department’s Job Easy Read More »
In expense reimbursement process, delays can occur in any phase of the expense cycle. There might be various reasons for this, but the most common ones can be either one of these – not submitting the expenses on time or not approving the expense reports on time. One reason behind this is the absenteeism of
Reduce Reimbursement Delays with SutiExpense Read More »
