Remote work has become the new normal during and in the wake of the pandemic. More and more companies are hiring remote employees to save on overhead, improve flexibility, and...

Business travel is an absolute necessity to set up or expand a business. But with the rising fuel prices and pent-up travel demand, companies must have control over their travel...

When thinking about an expense management system, the first thing that comes to mind is the harried business travelers. They keep hundreds of receipts, manually entering all the trip details...

Delayed reimbursement from companies is one of the most significant causes of frustration for business travellers.  While the delays are not intentional, management, finance teams, and HR professionals must look...

Business travel serves many functions and impacts a wide range of business objectives, from reinforcing sales to strengthening partnerships, training, customer service, and professional development. Yet many organizations fail to...

The COVID19 pandemic has posed an unprecedented challenge for CFOs to manage their company’s T&E spending.   Given the gravity of the situation, it is time for CFOs to step up...

According to the 2020 report by the Association of Certified Fraud Examiners, expense reimbursement cases account for 20% of fraud in small businesses and 13% in large organizations. Small organizations...

Travel & Expense Management is the second-largest controllable expense for many organizations. Despite it being one of the most significant business functions, companies still rely on a manual expense reporting...

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,...

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...

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...

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,...

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...

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. ...

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...

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....

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...

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? ...

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...

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...

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...

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...

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...

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...

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...

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...

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...