SutiExpense Saves Thousands of Dollars and Hundreds of Hours for Professional Services Firms
Professional Services firms have uniquely complex challenges in tracking and reporting on the expenses they incur in delivering services to their clients, and the hours each employee dedicates to individual clients or projects. They must construct a matrix of codes to properly track and report what they spend in time and money:
- Allocation of expenses and hours worked, categorized by type, client, and/or project
- Separation of hours of the chosen respective employee, to properly apply hourly rates
- Extraction of data by billing code, to allow swift and accurate invoicing
- Ability to audit expenses and billable hours for accounting purposes
Plus, the manual collection and archiving of paper receipts, creation of reports, and laborious approval processes can distract your staff (and you) from the client work.
Allow yourself to benefit from adopting a highly customizable expense report software solution that eliminates all the manual steps in the process, speeds up the process, and improves your ability to track every expense and time spent by type and client.
Automated expense reporting converts unbillable paperwork hours into available billable hours.
SutiExpense’s Software-as-a-Service provides that needed automation, with the customization you need to seamlessly export expense data and billable hours by client or project code, and import all that data into your accounting system electronically:
- Eliminate coding errors, ensuring they remain an issue of the past
- Invoice clients promptly and with total accuracy
- Save reams of paper and mailing costsfor service firms with multiple locations
- Save hundreds of man-hours by reducing errors and eliminating manual data entry
With the advent of highly secure, universally available cloud-based software services, improving this process with time and money saved is within reach of any professional service firm, whether it be a one-person shop or a global consultancy.
SutiExpense Brings Efficiency with Cost Savings
- Strong Analytics : Finance departments can run customized reports, either automated or manually, generally by client or project code but includes others
- Easy to Use : Simple web-based and mobile interfaces for your users, ensuring that employees actually use the tools you provide, in turn driving down processing costs and improving both accuracy and compliance
- End-to-End Expense Report Management :Your expense policies can be built right into the system and applied automatically in the booking and/or review process. Any out-of-policy expenditures will be quickly spotted, allowing fast action to rectify any issues
- Eliminate Paper Waste : Save money by converting all expense reports processed into electronic documents housed on a central server
- Improve Visibility : All expense data is captured in one database, which can be easily accessed using SutiExpense analytic tools
- Easy Accounting System Integration : Expense report categories are matched to your own GL and client coding system. This allows you to easily import all data into your accounting system for permanent records and reports
- Fast ROI : Make your CFO happy with an investment that has a quick return. SutiExpense offers low set-up fees and affordable pricing plans, enabling you to break-even within one budgetary cycle
Contact Us today to explore how SutiExpense offers professional service firms like yours all the tools you need to make expense report management easier and yet much more cost-effective. All of this at a price that fits into your budget.
Get started with SutiExpense today!