There are a lot of reasons that explain why business travel is gaining a lot of importance these days. Business expansions, on-site projects, and client meets are some of the reasons for employees to plan for business travel. Though you have some policies in place, you can’t assure whether all

Traveling on business trips is one of the key areas where organizations are more vulnerable to fraud. When your employees are on a business trip, they may commute to a number of places that include both personal and business purpose. So, how can you figure out whether your employees are

Expense management refers to the process of managing expenses incurred during the course of work. For instance, you may be involved in overseas business travel to enhance client relations or your brand. All the expenses related to business trip needs to be reported, processed and reimbursed. Payment will vary with

The potential problems associated with the manual expense reporting process are many, the biggest being the time and effort required to complete the expense reports, process it, and enter it for payment. By using advanced technology, organizations can substantially improve and streamline employee expense reporting. Expense report software automates everything,

According to the Chrome River Survey, expense fraud costs around $2.8 billion per year to US employers. On average, $2448 worth of fraud is being claimed by employees each year. Who Commits Fraud?   Reportedly, 73% of men and 27% of women commit fraud. Companies with more than 390 employees are

With the expanding global economy, travel has become an important expense in many organizations. Today, employees are flying across oceans to stay in touch with their clients, attend meetings, for marketing, and so forth. As the need for international travel is constantly increasing, organizations need to manage travel time and

With hundreds of files loading in your system, it has become extremely difficult for finance department to compile every reimbursement document. As each file comes in a different format, importing all the data file formats into one accounting system is a challenge. Once the formatting is done, accountants have to

Did you ever think about controlling your business travel spending before the actual spend takes place? Yes, it is possible with the SutiExpense pre-trip authorization feature. With the feature, you can gain a detailed view on every employee business travel plan. This can help you find new opportunities to cut

A well-enforced business expense management policy can cut costs, enhance administrative efficiency, and improve employees’ overall experience. To maintain accurate and compliant expense management, organizations should establish a firm expense management policy. It should cover the entire process, from pre-authorization to expense reimbursement. Here, we list a few considerations for

Most mid-to-small sized businesses try to grow revenue and control company spending. To accomplish this, companies must make the most of technology to eliminate inefficiencies and hasten the process. Manual or paper-based processes can increase errors and results in inaccurate results. Moreover, spreadsheet-based travel expense reports and piles of paper