Employee initiated spending can happen in many ways. Therefore, it’s time to rethink your company’s strategy to thrive in today’s business environment. Automating your finance procedures is an important step and research shows that expense report automation is the key to business success. SMBs recognize the need to improve overall T & E processes to […]
Rethinking Your Expense Reporting Process for Better Read More »
No matter how big or small your company is, a bad expense reporting process will leave a negative impact on the company. Expenses are not just your office rent or wages, but the expenses that your employees make while creating business profit – business travel, lunches, or any sort of business related purchase. Managing all
The Impact Of A Bad Expense Reporting Process On Your Business Read More »
With increasing expenditure, organizations should look for effective ways to manage expense reporting process to reap benefits. Unfortunately, many businesses continue to face challenges in their Travel and Entertainment (T & E) procedures. Challenges include data entry, inefficient processes, lack of visibility and T & E policy compliance ranking as the highest. Inefficient travel and
Automation to Overcome Travel and Expense Reporting Process Inefficiencies Read More »
Understanding business expense management is very important for organizations looking to scale-up. Systems and processes should be in line with the business needs during the scaling process. Employee expense management is an area where companies get stuck on all the time. Traditional processes make it difficult for companies to effectively manage expense procedures. The ideal
Making Employees Easily Work With Expense Reporting Process Read More »
Countless expense reports come every day to the finance department. You start processing with the first one and continue with the next. That’s what expense management looks like in many organizations. But, do you know how much this process is costing you? Do you know what’s happening with expenses in real-time? Expense management is all
3 Ways to Gain Control over Business Expense Reporting Process Read More »
Processing expense reports takes some time, especially if there are errors or discrepancies. If your finance department is struggling to process expense reports in a timely fashion, it is likely you should review and update your expense reporting process. Manual expense reporting will slow down the process and increase the need for human intervention. At
Say No to Manual Expense Report Process Read More »
When you are in a growing phase, it is easy to lose sight of the big picture. Everyone will be busy dealing with day-to-day activities and it will become difficult to find time to evaluate the direction of travel. Employee expense is one business area where it can really pay off if managed efficiently. Inefficient
Get Your Expense Reporting Process Tuned in the New Year Read More »
