Benefits of Expense Reporting Automation

Why automate? We realize that all companies have some method for tracking expense reports, but there are many benefits supporting the automation of this process. Travel and entertainment (T & E) is typically an organization's second largest controllable expense, next to payroll. T & E expense reports are often fraught with inconsistencies, mistakes and outright fraud. The automation of the T & E process provides cost-saving efficiencies and control over this high-cost area.

Get control of travel and entertainment spending.  Significantly streamline your operations by replacing wasteful paper- postage- and labor-laden processes with web-based workflow, on-line approvals, and electronic reimbursements.   Achieve instant organizational adoption while increasing employee moral and enhancing control and cash flow.

	Organize and monitor expense reports Quickly gain insight into your organization's spending habits. Identify cost centers, change user behavior via policy enforcement, and eliminate waste.
	Eliminate fraud Identify and eliminate inconsistencies, mistakes and fraud in your organization's expense reporting.
	Lower travel expense By enforcing controls, traveler behavior will change quickly to significantly and favorably impact total spend. Track individual vendor spending and negotiate better contracts and prices.
	Control budgets Use your ever-growing ExpenseWire database to analyze spend vs. budgets and to assist in the budget review process within your organization.
	Streamline the approval and payment process Reduce the time required to review, approve, and reimburse expense reports, thus saving your staff costly time, paper, and postage.
	Improve analytics The ultimate payback comes when management can analyze travel and spending patterns, booked vs. actual spend data, vendor choices, and rules adherence using ExpenseWire's unique reporting tools.  Scores of pre-loaded reports are available with virtually limitless available criteria manipulation, CSV and XML export links, and attractive, Flash-based graphs and charts.