Month: September 2021

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Expense Reimbursements Are Hurting Your Employees and Your Business

According to the Association of Certified Fraud Examiners, expense reimbursements  are responsible for 21% of fraud at small businesses and 11% at large businesses. But that’s not the least of the worries a company faces when reimbursing employees for travel and expenses (T&E). Approving expense reports is a manual and tedious process that ties up the …

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How Automated Expense Management Benefits Your Finance Team?

Imagine a situation where your finance team is spending excessive amounts of money processing simple reports, letting fraudulent expense claims go unnoticed, and unnecessarily wasting countless hours.  Sounds scary, right?  Companies that are still reliant on manual expense management processes don’t have to imagine. The nightmarish scenario that we described is a reality for them …

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ExpenseOut Case Study - How A Prominent Microfinance Firm Boosted Policy Compliance By 50% In Employee Mileage Claims

How to boost accuracy in employee mileage claims by 50%: Case Study