Employee Expense Management Software
Employee Expense Management is a simple-to-use, browser-based solution that can automate and streamline the reimbursement process, help enforce corporate policies and capture expense-related data that can be turned into valuable business intelligence.
The solution for employee expense management provides an opportunity to focus on your organisation's bottom line. It is quick to deploy and it can provide a rapid ROI.
Using this solution leads directly to a reduction in 'maverick' expenditure (which can exceed 40% of total travel expenditure) by improving procurement processes and supplier negotiation. Employee expenses management will integrate with all our solutions, and has been designed to be suitable for both on-site deployment and hosted deployment.
The core features and benefits of Employee Expenses Management include:
- Fully web-based, easy-to-use 'environment', reducing training costs and increasing employee usage
- Pre-population of expense reports from credit or procurement cards, dramatically reducing input time and avoiding large, unreconciled suspense accounts
- Monitoring, managing and enforcing corporate policies, ensuring costs are controlled and employees adhere to policy and improve the accuracy of expenses records
- Configurable limits by role, expense category and cost-centre, allowing flexibility in defining policies across the organisation
- Workflow for routing reports, from employees to approving managers to receipt and payment approval, ensuring stakeholders are prompted for action proactively
- Receipt verification approval, ensuring payment is only made when valid receipts are provided
- Capturing spend information and process metrics, for further Business Intelligence analysis
- Real-time tracking and enquiry of expenses records, reducing time spent by accounting people dealing with enquiries