In many organizations, corporate travel management and expenses are considered two different functions and are handled separately. Expenses are processed by the accounts department while travel management is responsible for buying travel and oversee the travel program. Finally, both may go to finance, but running these two processes are worlds apart. Most businesses don’t link […]
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T&E is a tedious process that wastes employees’ time, and therefore, automation in the process is welcomed by all the stakeholders. Here are some areas in T&E where automation really helps: Report filling Expense reports have to be filled by employees on their return from trips. This is one of the most tedious areas of
Some Areas in T&E where Automation Works Great Read More »
Most times employees may think about what comes and what not under a valid business expense. To overcome this confusion, some businesses have turned to prepaid credit cards to manage employee expenses much better. Though prepaid cards come with a lot of benefits, on the flip-side there are a few disadvantages. If you are planning
Expense Prepaid Cards- What are the pros and cons? 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
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Leveraging the power of natural language processing and machine learning is the trend in automating the expense reporting process. The concept is to create expense reports by understanding employee spending based on synchronized calendars, itineraries, and credit card transactions. Artificial intelligence works by flagging suspicious spend so that employers are not required to sort through
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Regardless of whether you operate an SME or a large enterprise, SutiExpense can be tailored to meet your needs through its customizable configuration. Our online expense report software features many built-in configurations that can best suit your business needs. The following are a few key features that make our solution robust and the best fit
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Not having a travel policy seems great for travelers but it may lead to huge inefficiencies in travel spend, which undoubtedly would result in corporate crackdown. Having no policy means your employees have no benchmark against spending. They can choose whichever vendors they like, and thus you can’t funnel spend against vendors. This will not
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Organizations that have digital receipt filing in automated expense management software can achieve greater efficiency over those that rely on paper receipts. Digital receipt filing offers significant benefits to enterprises such as: Reduce mailing costs: Elimination of paper receipts mailing covers the initial cost of the digital receipt system. As every receipt is stored digitally,
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How much allowance should be given to employees for business trips is the most common question that CFOs have while setting budgets for business travel. Well, this depends on the country you travel to as the expenses will vary greatly from country to country. This would be one of the problems for enterprises that frequently
SutiExpense Adds IRS Defined High-low Per Diem Rates to its List Read More »
We recently got another very positive review of SutiExpense from CompareCamp, a popular business software reviews platform that recently decided to recommend SutiExpense to its readers. According to their SutiExpense review, our flawlessly integrated and complete expense management system deserves to be listed among some of the best accounting solutions. Their decision made our team
SutiExpense Gets A Positive Review From CompareCamp Read More »
