Process Streamlining

Streamline your processes and expense reporting workflow! For most organizations, the expense reporting process is a colossal mess. A headache at best. A nightmare at its worst. It is a process that is an ideal target for streamlining.

For many organizations, expense reports take users hours to prepare. They often are mailed or even over-nighted multiple times for approvals. Approvers spend hours reviewing and approving and packaging and routing. Accounting personnel spend hours (even many days per month) re-checking, re-keying, processing and paying.

Cut your costs by two-thirds or better. Analysts agree that the average expense report costs an organization anywhere from $40.00 to $65.00 per expense report submitted to process. In fact, many organizations have as many as 3 or 4 express parcel charges involved per expense report. You do the math. By streamlining the process with ExpenseWire, you can dramatically speed up all aspects of the process, eliminate most if not all postage, all or most envelopes, all or most paper checks, and recapture most of the valuable time currently being wasted by all stakeholders in the process.

ExpenseWire streamlines to the max. Expense reports are automatically created from personal and corporate credit card transactions. Submitters clean-up and validate expense reports prior to submitting. Submission is electronic and instant. Approvers are alerted instantly via email and can see on line at a glance what expenses have passed or failed policy checks. Approvers review imaged receipts and click to approve or deny. Approved expense reports are instantly routed to the next approver or to the accounts payable department. Accounts payable can click to electronically reimburse the submitter and the transaction is loaded electronically into the internal accounting system. The entire process from inception to payment is paper-free, postage-free, and can take less than an hour total effort from all stakeholders combined!