Whether you own a large business or SME, you probably make deals beyond borders to extend your company globally. When your company expands, a lot of things need to be aligned to make the transition of expense management smooth. Fortunately, cloud-based expense software can help, no matter where your employees work. However, here are a […]
Points to Note While Creating Expense Policy Globally Read More »
Today’s financial decision-makers face more challenges in regards to enforcing a new travel and expense policy, which is why we’ve listed out a few best practices that make expense reporting a breeze. First Listen, then Learn Listening to everyone is important for organization success. It is good to review the T & E policy with
Best Expense Management Practices to Fit Modern Business Culture Read More »
It’s a known fact that you as an employee or an employer face certain problems with expense reporting, but the fact is, it is your accountants department that experiences the real problems of the expense reporting. Being at the top of the game, accounts department is finding it difficult to track employee expenses. Expense report
The Intangible Benefits of Expense Report Software to Accountants Read More »
Expense management is one of the organization’s crucial functions that require great mobile functionality. Expense management requires you to perform certain tasks while on the road such as capturing receipts, creating reports and so on. Therefore, mobile functionality can’t be ignored; in fact, it should be considered as an integral part of the expense management
Why Mobility is Critical for Expense Management Read More »
Just as your employees fit in your company culture, your corporate T & E policy should be geared to fit the same. Having a well-written and clear expense policy makes it easy for employees to understand and prevents frustration, mistakes, and best of all, fraud. As corporate travel policy provides guidance, it has to take
Creating an Expense Policy that Fits your Company Culture Read More »
Technology has empowered people to engage with businesses in new ways. With advanced technical options, people expect the same level of capabilities from travel and expense solutions. Employee expectations about spending processes and systems are rising. Employee preferences have made businesses put greater emphasis on existing T & E processes and inefficiencies, considering the timelines
Why a Cloud Expense Management Solution is the Better Choice Read More »
Beyond just making sure your employees are spending business money the right way, the expense tracking software solution also helps you determine the usage of company money by providing essential tools for detecting employee fraud. Data matters When making decisions about the company money, every piece of information you get can help. If the data
The Expense Data Advantage to Business Decision Makers Read More »
In this digital era, the usage of smartphones is increasing day by day. Earlier travelers used to take piles of documents such as tickets, itineraries, and maps with them, but now mobile phone and passport are the only essentials for a business traveler. Innovation is making travel simple and more efficient. It’s easy to stay
How Mobile Technology is Changing the Business Travel Landscape Read More »
While an automated expense management system can ease life for business travelers, it can also do wonders for finance and accounting departments. Not every expense system has this capability, hence you need a platform that can integrate with the finance and accounting system. Finance and accounting features Finance and accounting team is responsible for paying
Expense Data Integration with Finance and Accounting Systems Read More »
To manage expenses effectively, businesses require a new wave of approaches that can handle the complex spend category. Besides having end-to-end an expense management system, organizations should align certain processes and adapt certain strategies to drive value out of expense management. Process management, knowledge management, and performance management are a few such viable considerations for
Benchmarks for Expense Management Success Read More »
