expense reimbursement software

Expenses Management Software

Expense management software helps firms adopt a data-centric approach to managing spend

Understanding corporate spend is an important aspect of expense management. Prioritizing expense reporting is a good way for organizations to ensure savings and build revenue. But what does it take to achieve a sustainable expense solution that benefits both the employer and employees?  Data assimilation is the answer. Organizations must use a robust solution to […]

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T & E Management - SutiTravel

Expense Report Software – What It Means for Individual Roles – Part Two

In the last post, we discussed how expense report software helps traveling users and their managers. In this post, we’ll concentrate on senior management and how software makes their lives easier. One of the biggest concerns that senior management have regarding the expense management process, or other process for that matter, is visibility, or rather,

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Expense Report Software – What It Means for Individual Roles – Part One

When we talk about expense report software and its benefits, we generally look at what the organization as a whole gains from deploying the software. Improved productivity, streamlined workflows, and ROI on the software come up in the context of the organization. But what do the various individuals involved in the process gain from it?

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Expense Management Software

Introducing Lean Management to Traditional Businesses through Automation

The fundamental aim of automation is to streamline existing business processes by eliminating waste. A considerable portion of managerial duties involve monitoring the cash flow to and from an organization. The traditional expense management route called for investing considerably in manpower and time.  A separate department needed to be set up to maintain the accounts

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Electronic Signature Software

The Importance of an Expense Management Policy

Almost every organization has some kind of an expense management process in place. However, many of them do not care to define and implement something equally important – an expense management policy. Expense management is a long-winded process that needs buy-in from several different stakeholders; lack of a clearly defined expense management policy can have

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Expense Reports

Travel & Expense Management Challenges & their Remedies – Part Two

Efficient travel and expense management is a must for every organization. After all, every organization has a fair number of employees who travel on business purposes and managing their expenses is the responsibility of the organization. This process throws up a lot of challenges for T&E professionals, and if remedies are not sought immediately, they

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Travel & Expense Management Challenges & their Remedies – Part One

Travel and expense management in any organization has its own set of challenges. Some of these arise due to the nature of the process, some man-made, some trivial, and some serious. Whatever the cause, these challenges can have an adverse effect on the organization’s bottom line. In this post, we’ll take a look at some

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Expense Reporting Systems

Receipt Audit – What is it and Why Do You Need It? – Part One

Any employee who travels on official business has to report all his expenses to claim them later. These expense reports list down all the expenses incurred by the employee in the course of his travel and each expense has to be backed by its receipt as proof. Receipt audit is the act of cross-checking an

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Electronic Signature Software

Why you should Deploy Online Expense Report Software

Online expense report software is a business management application that allows organizations to streamline and simplify their entire travel and expense management processes. It can be scaled up to meet the needs of organizations of all sizes and is comprised of several additional modules that can help accelerate several tasks. Here are some reasons why

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procurement software

Surmount Reimbursement Challenges with Expense Reimbursement Software

When employees go on business-related trips, their organizations reimburse them on their return. In theory, this is simple – the employee travels, comes back, files an expense report, and gets reimbursed. But in practice, it is not quite so. The process of reimbursement faces several challenges, making it complicated. If the organization does not employ

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