Make Expense Reporting A Breeze

Published December 15, 2015
make expense reporting a breeze

 

Employees and managers are imperfect human beings. You may tell them that expense reports are due every Monday by 10 a.m., but it may be hard for them to actually get around to doing it. One way to help make expense reporting a breeze is to give them easier access.

ExpenseWire is an online expense management system. Employees complete and submit an expense report — from anywhere in the world, at any time. They can even use the mobile interface to log on with their smart phones. They can take photos of their receipts and upload them to attach to an expense report at a later time.

As a result, we have found that companies can save up to 50 percent on expense review and approval time. That’s because managers have the same online access — to review reports, look at receipts, and double-check company spending policies. When they are done reviewing, the ExpenseWire system automatically moves the report to the next step in the review/approve/payment process.

With this streamlined approval process, we have found that companies save up to 63 percent on expense report processing costs. In the end, the reimbursement to the employee is faster, more efficient, and more accurate.

To learn more about online expense management, schedule a free demo.