So, you have switched from manual to a new expense management system. How do you determine it is benefiting your business? Although everything is going smoothly, how do you know whether the transition is successful? Here are a few expense management Key Performance Indicators (KPIs) that help you benchmark yourself
Whether you wish to expand your business in a new location, visit a client or reinforce the partnership, business travel is a must. Business trips have become very common in organizations of all sizes. Recent studies revealed that employees take around 488 million business trips each year. With so much
Business travel is equally as important as customer relationship. To expand your business, drive sales, and boost revenues, sales representatives have to travel. With employees traveling frequently in a month, it can be difficult for businesses to capture data to demonstrate the return-on-investment of their business travel. Not capturing business
SMEs can do better with the SaaS model. Cloud-based systems will make it easy to input data from multiple devices. Storing sensitive information on your local machine is not the best practice. Cloud-based accounting system has high-security protocols in place, making it difficult for hackers to access. SaaS vs. Installed
It is the Accounts Payable (AP) department that handles cash flow within the organization. There might be a lot of circumstances where mistakes can happen. The good news is that most of the mistakes are avoidable by following some of the best practices. Here are a few best practices that
Business travel has experienced many changes since the launch of the mobile application. Given the major changes in the industry landscape, it is easy to overlook how mobile has changed the business travelers experience over the last few years. The advent of mobile-optimized and cloud-based enterprise applications has made travel
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