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What Can The Finance Department and HR Learn From Each Other About Balancing Short- and Long-Term Goals?
At first glance, it might not seem as if the departments managing company finances and those managing employees have much to do with each other. Isn’t there a big difference between balancing a budget and retaining employees? Or between managing […]
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The Superpowers of Business Process Automation Software
Are your business processes in need of rescue? If yes, the superpowers of business process automation are here to save the day. When you’re struggling with clunky automation, expensive processing, out-of-date software, and similar issues you could use a superhero. […]
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Is There Expense Report Fraud Hiding in Your Company? Here’s How to Detect and Prevent Fraudulent Reimbursements That Will Cost You Money
All businesses want to reward and compensate their employees for their hard work. Part of that involves an expense reimbursement policy that ensures employees are not stuck paying for any work-related expenses on their own. Unfortunately, sometimes employees will try […]
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CapEx and OpEx. Balancing Capital and Operational Expenditures.
Capital expenses (CapEx) earn plenty of attention. They’re typically large expenses that play a key role in the company’s future. As such, they require careful budgeting, planning, and management. Capital expenditure also more complicated in terms of taxes since CapEx […]
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10 Important Ways That Using Purchase Orders Benefits Your Company
If you’re like most of us, you probably think the last thing your business needs is more paperwork. There’s way too much of that already, right? Not using purchase orders is saving you time, you might argue. Besides that, they […]
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Weird Things That Show Up On Expense Reports
If you work in the finance department, chances are you’ve seen some pretty weird things show up on expense reports. From Italian vacations, to pet sitting, to traffic tickets there seems no end to the strange and inappropriate items people […]
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How To Leverage Cloud-Based Automation and Get Your Company Up-To-Date With The Changing State Of Expense Management Solutions
Making travel and expense management more efficient isn’t too high on most companies’ priority lists. Of course, both business owners and employees would prefer an easier and more efficient way to handle expenses. But as long as the system (mostly) […]
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Comprehensive Guide on How To Build An Effective Corporate Travel Policy
Every company with employees who travel wants to save money on expenses. Some companies, however, have taken trying to save money in an unwise direction. You’ll find companies that make employees share hotel rooms while traveling to try and cut […]
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Get Ready for 2019 -Here Are 5 T&E Goals To Set For The New Year
What are your goals for the new year? As a company, the expense reporting goals you set for 2019 will help determine whether you improve a key company process or just continue on as-is. For most companies, how they handled […]
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3 Things You Need To Know About Expense Fraud and How to Avoid Fraud
We’d all like to think that our companies employ honest, trustworthy people. And it’s true that a large percentage of your employees probably are as honest as you hope them to be. In fact, by far the most common way […]
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How Companies Handle Expense Reporting Didn’t Change Much In 2018. Here’s How To Make Next Year Better
2018 should have been a year of continued advancement in how businesses handle travel and expense reporting. But the most surprising thing about expense reporting trends in 2018 is how little actually changed. Almost half of all companies are still […]
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Do You Want to Know What Are The Benefits of Automating Your Payables Process?
Paying bills can be a hassle. This is especially true when you are running a business with many expenses coming from many different providers, suppliers, and vendors. The more invoices you have to keep track of, the harder it gets […]
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