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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 one we are in are quite rare, and it is improper planning that often causes companies to overspend.  To […]

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 work to survive. Likewise, for most employees now working remotely, corporates have started to redefine policies that may previously have

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.  To give you a picture of the gravity of the situation, here are just a few of the types of

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, etc.  Normally, when a trip is planned, three things happen. This may sound simple, but the process of tracking and

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 hike in service tax will raise the price of flights, cabs, hotels, and food, which are all unavoidable when it