Most companies process hundreds, if not thousands, of expense reports every month. Many companies focus on growing revenue while controlling company spending. The ideal way to achieve this is to eliminate the inefficiency and put an end to manual, paper-based processes. Expense automation is the best thing you can do to control and reduce operating […]
Managing Expenses the Right Way Read More »
Many organizations face challenges in figuring out the actual billings from the fake ones in travel and expense management. Mileage expenses have long been a big area of concern for companies because employees can enter any amount without any substantiation. In the conventional system, you may lose receipts and might misplace them. This process can
SutiExpense helps you Track Employee Travel Expenses Better Read More »
Of all the business issues that require your attention, expense management tops the list of concerns in today’s scenario. A spreadsheet works well to manage employee data, client lists, information, and budgets. However, using a spreadsheet to manage expenses is not a pretty good idea because it may result in data redundancies and disparencies. Hence,
Top Reasons Why SutiExpense is the Right Fit for your Business Read More »
Organizations should carefully evaluate their options to ensure that the software they select fulfills their needs and aligns with business targets and goals. Though the cost of purchasing and implementing software could be one of the primary considerations for most organizations, there are a variety of features and capabilities they should look for when selecting
Selecting the Right Expense Report Solution Read More »
Lack of visibility and control over employee-initiated spends create an opportunity for fraud. It is stated that T&E expense fraud is the reason for significant financial losses within many organizations. A robust expense management solution offers the best ways to drive compliance and prevents fraud in T&E spends. Expense management software provides accurate, reliable, and
One Solution to Drive Compliance and Reduce Fraud in Corporate T&E Read More »
Managing expenses requires extensive knowledge and deep expertise in tracking & auditing financial reports. As employees are being mobile, majority of their activities involve costs, for which reimbursement has to be done. When done with spreadsheets, most organizations have reported difficulties in determining the valid claims due to insufficient information or inadequate reporting. In addition
SutiExpense – Managing Expenses Disruptively Read More »
Employee expenses turned out to be the second largest controllable costs after payroll in many organizations. If fail to manage these costs, it might result in major consequences-especially during an economic downturn. Companies need to take aggressive but intelligent measures to control costs so as to avoid problems in the long run. Corporate travel involves
SutiExpense: A Powerful Spend Analysis Tool that Takes you beyond Tracking Read More »
With the rapid adoption of new technologies, corporate T&E management has changed from a regular back-office function to a strategic set of methods which can drive enormous business value. One of them is analytics-an important means for organizations to enhance T&E management and improve the intelligence of how corporate travel affects the overall business. Many
How Analytics Help in Business T&E Management Read More »
Are your business expenses running out of budget? Do you think that business trips are costing you more every time? Don’t worry! Pre-trip authorization is what you should be looking at. What is pre-trip authorization? Pre-trip authorization is the process of creating expense reports rounding up the estimate costs for a business trip. The process
Pre-trip Authorization: Simplify your Business Trips by Estimating Costs Prior to Travel Read More »
In today’s corporate environment, organizations require employees to travel more often than ever. Therefore, keeping an eye on how the business is doing, tracking revenues, expenses, profits, etc. is must for organizations to handle the financial pulse of the business. Manually tracking employee expenses can be hectic. Most organizations demand financial process automation to ease
Expense Tracking Software – A Sure-fire Way to Narrow Down Employee Spending Read More »
