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How Expense Reporting Software Helps Growing Small Businesses
Wednesday, 11 September 2019 by Tech Team
Growing small businesses constantly face new challenges. While some challenges have simple, straightforward solutions, others do not, especially those related to the financial aspects of the business. Employee expenses is the second largest controllable cost heading in most businesses. Despite this fact, many business owners tend to overlook effective ways to manage and reduce employee
- Published in Expense Management Software
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How Expense Management Solution Helps Businesses to Manage Expenses Efficiently & Avoid Frauds
Friday, 05 July 2019 by Tech Team
Understanding Business Expenses Expense reports comprise all expenditure incurred by the employee on behalf of the company – whether during regular course of work or towards business travel. Expenditure includes meals, company supplies, hotel stay and all travel like flights and local transportation like taxis and trains. The employee must provide proof of the expense
- Published in Expense Management Software
Why Business Travel & Expense Policies are Important to Control Costs & Expense Fraud
Tuesday, 22 January 2019 by Tech Team
Any organization – big or small – requires their employees to travel for business meetings and field/site work – especially for sales and marketing. Travel & Entertainment expenses are typically one of the biggest operational overheads, after salaries and rent. Despite the advent of virtual communications, there’s no substitute for physical, face-to-face meetings in many
- Published in Expense Management Software
Expense Management Trends to Look for in 2019
Wednesday, 02 January 2019 by Tech Team
Tracking and accounting of business expenses throughout the financial year can be a labor-intensive and loathsome task for both employees and the processing team – HR & accounts – to accomplish. Employee expense solutions like Zento were born and have been evolving as a direct response to this particular pain area for businesses. Zento will
- Published in Expense Management Software
An Employee’s Guide to Expenses
Friday, 20 April 2018 by Tech Team
As a company employee, you might need to occasionally travel to meet clients or business associates, be it within the same city or long distance. The costs a company incurs for all these meetings really add up, which is why companies tend to be so strict with employee expense reimbursements. So if you find your
- Published in Expense Management Software
How Does Expense Management Software Help Control Travel Costs?
Friday, 20 April 2018 by Tech Team
Business travel accounts can take a while to process and sometimes it might feel like settling your travel expense claims is taking longer than the actual trip duration! When the process is offline & manual, it is tedious for the accounting team to calculate and settle travel expense claims, reimbursements, service vendor invoices (like travel
- Published in Expense Management Software
When Can You Deduct T&E (Travel & Entertainment) as Business Expenses
Friday, 20 April 2018 by Tech Team
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 by Tech Team
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 by Tech Team
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 by Tech Team
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
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