Category: Expense Management Software

What are T&E expenses? T&E expenses are the Travel & Entertainment expenses incurred by your employee when on a business trip, or while entertaining a client or prospect by hosting for them events like a dinner or sports activities. These T&E expenses which can include accommodation, air travel, meals etc. are mostly incurred by the

COVID-19 has forced enterprises to employee unorthodox working processes to ensure business continuity, with the biggest departure from normalcy being Work-From-Home policies. Business travel, client meetings, promotional events, tradeshows etc. are all suspended. Small and medium businesses – which account for the livelihoods of most of the world’s population – are arguably the worst hit.

COVID-19 has brought the world economy down to its knees in the past few months. It has forced the organizations globally, to reconsider their daily operations. While the workforce is in a work-from-home mode connected over Skype or Microsoft Teams, it has regretted the benefits of an office environment unavailable now. For instance, employees accustomed

In most companies, the employee expense reimbursement process works independently of wage disbursement. Salary is debited to account monthly like clockwork but when it comes to travel expense reimbursement, there can be many lapses in both process and time taken to settle claims. Each receipt/bill/expenditure has to be penned down with corresponding dates and if

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

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

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

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

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

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