Recent studies reported that increasingly many employees have found a way to forge the expense reimbursement process. The question that arises is there any way for organizations to control such fraud behavior of employees. Technology can help organizations measure and quantify the spend to control fraud from happening. Trends in

Are you planning to purchase expense management solution to keep track of day-to-day corporate and business travel expenses? If yes, then it’s time to consider a wide variety of factors such as cost, amount of flexibility, integration features, scalability, mobile capabilities, ease of use, deployment options, business value, and more.

As companies work to cut down costs and ensure every penny spent on their travel budget is well accounted for, they are emphasizing more and more visibility and greater control over their travel expenditure. Increasingly, companies want a centralized system that offers seamless integration between travel booking and expense management.

Creating a travel and entertainment (T & E) budget requires you to analyze the expenses involved while employees are on the go. With technology, T & E budgeting can become easy for both employees and administrators. The following are a few tips you can consider to keep T & E

Most times expense fraud happens in mileage claims as we simply rely on employees to provide estimates of distances traveled. Usually, employees who submit expense claims will round-up travel costs. Exaggerated mileage claims are one of the main causes of expense fraud with around 40% of employees submitting. The need

To thrive and succeed in business, companies need to have a better control over cashflow. By understanding when, where and how employees spend money, companies can manage spend, reduce human error and plan for a better future. This works well especially for small businesses that often have limited cash reserves.