Paper receipts from business travellers are one of the biggest hindrances that any finance or accounting team can face. The receipts are hard to track, manage, and retrieve when needed, making it one of the...

Companies often underestimate how much they need an expense management solution.  Usually, the realization strikes when they face massive piles of tax documents with unaccounted expenses resulting from years of handling travel and expense (T&E)...

Cash advances have become one of the most common ways for employers to fund the business travel operations of their employees, including utilities, local transport, and daily meals. However, managing cash advances has turned out...

As a startup, you have your task cut out when it comes to handling finances. Just like every other business, you need to keep close track of your business expenses, but in your case, your...

An estimated 82% of employees lie or file inaccurate expense reports. While there is no way of preventing anyone from knowingly making false claims, companies can do a lot to ensure that most employees comply...

Travel and expense (T&E) expenditures are among the largest controllable expense a company undertakes, so having a good grip on whether the money is well-spent needs to be a priority.  When a company invests in...

An employee’s expenses can sometimes be a good indicator of their productivity.  “John spent 5$ on gas for the business meeting.” “Karen had lunch with an important client and spent 50$.” “Mark flew out for...

If you are in the market for an expense management solution, you have a difficult choice to make. There are countless solutions claiming to be powered by the latest technology. To make matters worse, each...

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...

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...

When you have employees on the field doing sales calls, site inspections, collecting payments from customers, or just about anything to do with the company, it is vital to know where they are and how...

Expense management has led many corporates and businesses to boost their revenues and minimize losses. Typically, companies stand to incur huge losses if business travel expenses are recorded incorrectly. On the other hand, it is...

Expense reports are the records of expenses that any organization, business, or corporate incur. These expense reports are generated on a monthly, quarterly, or annual basis. The manual making of these expense reports is a...

Smart receipt and tracking system implies the digital representation of the incurred expenses through easy scanning and report generation. The implementation of a smart receipt and tracking system in an expense management solution ensures greater...

Managing expenses effectively is crucial for a successful business. Sometimes, this may not be possible due to unpredictable situations, such as the recent pandemic that has plunged many small businesses into losses. But situations like...

The year 2020 has drastically changed the way we all work. Sweeping travel restrictions, social distancing, and changes in customer behavior due to the pandemic have forced the corporate houses to adjust the way they...

Given the vast amounts of money that companies are losing every year due to fraudulent expense claims, they must leverage the latest technology to identify fake expense entries in the reimbursement claims made by employees. ...

As the world becomes more connected due to globalization, business travel is inevitable. Your company may need to spend money on a variety of travel expenses, such as international trade expos, client meetings, team-building trips,...

Implications of hike in service tax on business travelers The service tax for business travel, which went from 12.36% to 14%, has been a topic of heated discussion in corporate circles. This is because the...