Employees pay for business expenses out of their pockets when they travel for work. It could be to meet clients, attend trade events, or host partners for lunches or dinners. It has been a traditional practice with employees submitting bills and claiming reimbursements. However, with growing staff and increasing business travel, managing travel expense reimbursement…
Month: May 2024
How To Integrate Travel And Expense Management Software
Businesses understand the necessity of traveling to different locations to strike new partnerships and expand into new markets. Most business owners rely on business trips to further their growth. However, it comes at a significant cost. It is commonly said that T&E expenses are second only to the salary costs for companies. However, a little…
Boosting Efficiency And Minimizing Costs: The Impact Of Zaggle EMS On Large Enterprises
Using an expense management solution isn’t just about adapting to the modern way of doing things. Companies have been struggling to keep their accounts books efficiently due to manual expense management processes. As per a report, the top three challenges of the expense management system are delays in expense report filing, expense policy violation, and…
Top Tips For Effective Expense Management Online
Nearly one-third of the companies still use manual methods like using paper receipts and spreadsheets to manage business expenses, according to an expense management survey. It comes as a shocker considering the scope of mistakes and errors that potentially occur during data entry and expense validation. The report further disclosed that 69% of the companies…
