Category: Accounting

Reconciliation reports are a long and laborious process. You have to collect receipts, download bank statements, wait for reimbursement figures from employees- it can take a while even to start preparing your reconciliation report.

Your expense policies should be a living and breathing document that changes with your business requirements and objectives. Communicating your guidelines and weeding out inaccuracies will go a long way to streamline your claims and allow only legit expenses.

A well-executed reimbursement policy will ensure that both the company and the employees are protected from the mishandling of money.

Many financial heads are now taking on the long-due process of optimizing their finance operations. Some organizations are ahead of others in the race, but everyone can catch up by being proactive.

You can adopt expense management software to streamline your process for expense reports, improve efficiency, and save your costs. Additionally, you will get complete visibility into your expenses with real-time updates.

All about strategic planning - the long-term implementation of shorter tactical moves to increase the business’s productivity, efficiency, and overall operations.

Spend management software brings automation and centralization to your business expenses. Get full visibility and insights over your payments and make better business decisions.

Expense management software enables a business to process and reimburse employee expenses like travel and entertainment.

B2B payments are the exchange of currency for goods or services between two businesses. Typically, B2B payments are used for media buying, eCommerce, and SaaS assurances. Any time one business invoices another, it is considered a business to business transaction.