Today’s financial decision-makers face more challenges in regards to enforcing a new travel and expense policy, which is why we’ve listed out a few best practices that make expense reporting a breeze. First Listen, then Learn Listening to everyone is important for organization success. It is good to review the T & E policy with […]
Best Expense Management Practices to Fit Modern Business Culture Read More »
It’s a known fact that you as an employee or an employer face certain problems with expense reporting, but the fact is, it is your accountants department that experiences the real problems of the expense reporting. Being at the top of the game, accounts department is finding it difficult to track employee expenses. Expense report
The Intangible Benefits of Expense Report Software to Accountants Read More »
Just as your employees fit in your company culture, your corporate T & E policy should be geared to fit the same. Having a well-written and clear expense policy makes it easy for employees to understand and prevents frustration, mistakes, and best of all, fraud. As corporate travel policy provides guidance, it has to take
Creating an Expense Policy that Fits your Company Culture Read More »
Technology has empowered people to engage with businesses in new ways. With advanced technical options, people expect the same level of capabilities from travel and expense solutions. Employee expectations about spending processes and systems are rising. Employee preferences have made businesses put greater emphasis on existing T & E processes and inefficiencies, considering the timelines
Why a Cloud Expense Management Solution is the Better Choice Read More »
Beyond just making sure your employees are spending business money the right way, the expense tracking software solution also helps you determine the usage of company money by providing essential tools for detecting employee fraud. Data matters When making decisions about the company money, every piece of information you get can help. If the data
The Expense Data Advantage to Business Decision Makers Read More »
While an automated expense management system can ease life for business travelers, it can also do wonders for finance and accounting departments. Not every expense system has this capability, hence you need a platform that can integrate with the finance and accounting system. Finance and accounting features Finance and accounting team is responsible for paying
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It’s been around 50 years since spreadsheets were invented but they are still being used by many companies to track their employee expenses. Despite the emergence of cloud-based solutions, companies continue to work with spreadsheets. But, spreadsheets cannot offer the efficiency that automated expense software does. Here’s a look at some areas where spreadsheets are
Spreadsheets Vs. Expense Report Software Read More »
The majority of employee spending that happens while on a business trip is easy to track, review, and approve in an expense report. Some cases such as taking clients for a dinner or purchasing some products required to get the job done – all these can be easily tracked with the help of receipts. If
Out of Pocket Expenses – To Consider or Not To Consider? Read More »
The expense approval process itself is a lengthy and time-consuming one; no employee would like to have any surprises in between that delay the process further. In fact, there are some scenarios that may delay the reimbursement process such as absence of your approver. This is one of the common scenarios that most employees experience;
Customize your Approval and Expense Report Submission Process in a Hassle-free Way Read More »
From SMEs to MNCs, every business incurs expenses and operational expenses are a part of everyday business. Knowing where to start to cut expenses is the key. Most companies allocate some portion of their annual budget to travel and entertainment expenses. As this is one of the biggest spend for businesses, it is worth watching
Reimbursements Made Simple with Expense Report Software Read More »
