7 Issues That Can Make Expense Management A Chore For Your Business
Friday, 20 April 2018
Employee expense settlement is a laborious, complex and time consuming process for both parties – the employee and the company. The company deploys certain guidelines and regulations that need to be adhered to while applying for the claim. Most of the time, gathering data and submitting it to the accounts department is so cumbersome, that
- Published in Expense Management Software
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When Can You Deduct T&E (Travel & Entertainment) as Business Expenses
Friday, 20 April 2018
Every company has its own unique HR & Admin policies. However, there are also rules that are generic and apply universally to working professionals. One such universal understanding is that employees are reimbursed for any T&E expenses incurred by them during travel or client servicing. Let’s take a look at some of the guidelines that
- Published in Expense Management Software
6 Reasons to Stop Paper-Based Reporting
Friday, 20 April 2018
Every business has expenses, which of course have to be processed and dealt with — be it using Excel or an expense management software. Most businesses still rely on paper-based reporting, which is impossible to automate and extremely slow to process. Instead of paper-based expense reporting, a dedicated cloud-based travel & expense management solution like
- Published in Expense Management Software
T&E Expenses And How To Control Them
Friday, 20 April 2018
Travel & Entertainment expenses – often dubbed T&E – tend to be the 2nd or 3rd largest business operational overhead, after salaries and rent. Garnering such a big chunk of business expenses and being the sort of expense category that can be flexibly controlled, T&E usually comes under the limelight when a business takes a
- Published in Expense Management Software
Employee Expense Management Simplified with Zento
Friday, 20 April 2018
Zento is a cloud-based (or on-premise) employee expense reimbursement solution that benefits both managers and employees with its simplicity and intuitive features. Replacing outdated expense management systems with Zento enables companies to develop an efficient expense settlement process that is easy to implement and provides instant results. Zento can also be customized according to an
- Published in Expense Management Software
5 Indicators That Expense Claim Fraud Might Be Occurring In Your Company
Friday, 20 April 2018
Studies conducted by the Association of Certified Fraud Examiners show that employee expense claim frauds make up 15% of all business fraud – a significant chunk. ACFE also indicates that on average a period of about 24 months is needed for expense report frauds to be detected and substantiated with proof. If you suspect your
- Published in Expense Management Software