OCR Technology

Receipt Management

Why Effective Receipt Management is Imperative for Every Organization?

Every organization incurs some or other kinds of expenses while managing its operations. Usually, these expenses will be directly spent from the organization’s funds. However, there are a few cases where employees will spend their money for the company and submits expense receipts to reimburse their expenses. Receipts hold great value in expense management as […]

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Accounts Payable Automation

Eliminating the accounts payable pain points with automation

Most organizations have been working with paper-based processes when dealing with suppliers, but this approach comes with frictions. Accounts payable departments should wait for bills and invoices to go onto their table, and staff have to enter details before processing payments. The pandemic has made employees work from home and made it more challenging for

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Automated Expense Reporting Software

Manufacturing Companies save Thousands with Expense Tracking Software

Manufacturing businesses always look for opportunities to reduce financial risks. Switching from manual to automated expense reporting solution can help improve spending visibility and eliminate inefficiencies. Organizations can leverage electronic systems to understand where spending is and make their business financially strong. The following are a few ways finance departments can help leverage the data:

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Expense Reporting Software

Expense Reporting: Mobile-based Data Extraction in Your Business

Expense reports and receipts help your company to assess if they are correctly using the business’s finances. Specifically, when you have many workers making corporate expenses, it turns more critical. If your organization is still following old business methods for expense reporting, it will become daunting to manage. This whole ordeal can take up a

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Expense Reporting Systems

The Salient Features to look for in an Expense Reporting Software Solution

It is quite strenuous to work with manual expense report tools, which usually involve paper receipts. If you are still working with manual expense reporting, this is the right time to make a move to an automated platform. The ever-evolving technological landscape makes it mandatory for organizations to reevaluate their expense management strategies. There is

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