Manage Company Costs With Expense Report Software

Running a company is an expensive and stressful endeavor. Although it will most certainly pay off in the end, you cannot deny the amount of hard work and dedication it requires. Sometimes it can be difficult to see where your money is really going. You know you're turning a profit, but you want to know where you can cut expenses to turn a small profit into a more respectable one. Although there are a multitude of ways to save money in your company, like consolidating tasks and spending less on unnecessary office supplies, one simple way is to invest in expense management software. The purpose of expense reports is to, quite literally, keep track of your companies expenses. How much did Tom spend on his hotel and rental car on that last business trip? Did Susan place that dinner bill to woo a client on the company's credit card? The larger your company, the more tedious and time consuming filling out and managing expense reports can be.

You can spend hours each day sorting through. Precious hours that could have been better spent. And if you're attempting to create your own method, your own spreadsheet, the task can be even more daunting. One wrong formula in the cell and the entire spreadsheet is ruined. Instead, try investing in expense report software. It seems counter intuitive doesn't it? Spending money in order to save money? But doesn't the saying go, "You need to spend money to make money,"? Initially it will cost you to purchase the software, and if there is a monthly bill, but think about how useful it will be. You can easily track every expense to see just how the company really is spending its hard earned money. When it's all laid out in front of you, it's easier to manage.

Whoever is in charge of tackling the expense reports, whether it be you or another employee, can now spend far little time sorting receipts and entering in line after line of numbers and figures. Other tasks can be assigned and more important work can be completed in a timely fashion. Now that's certainly a great way to save money and increase productivity. And let's not forget to mention that cutting down the time of such a tedious task will make the employee(s) extremely happy. Filing expense reports is simply not a fun job. Eliminating the wasted hours will definitely make someone very happy!

Let expense reporting software be an investment in your company that allows you to save both time and money.

A Few Things to Know About Expense Report Software

The current economic condition forces management and finance departments to ensure that employees are not being overly enthusiastic in spending company money. One way to restrict unnecessary expenditure is to ensure that accurate and detailed records are kept. These records will help in future audits and investigations.

Expense Report Software has a few interesting facts and benefits for your organizations. An interesting insight is that this software allows excluding spreadsheets and manages the expenditure made by employees on business trips in the most efficient way. These are the major benefits of using this application: The software makes expense receipt management easy as employees can upload expense receipts from smartphone or any device from anywhere. They can also send it via email after capturing image of the same using a webcam. It also allows employees to email receipts to a designated email Id. Comments can also be added to receipts and they can be attached to expense report or an individual line item depending on how the solution has been configured for the organization.

This solution uses data extraction technology which scans data and extracts it directly into expense reports.

This expense software allows currency conversion automatically as it pulls exchange rates based on the date of expense and currency selection. The user can override the exchange rate if required.

Users can now access their expense report while traveling, by using a mobile app. They can create and submit reports through icon driven menus and screens. This application allows attaching receipts, viewing company policies, and more.

This software has an in-built email notification system that notifies users on submission of report and approval of it. Email notifications can be enabled for other actions within the system.

Certify is a complete solution for your expense reporting problems

Normally, when you outsource a business task to another firm or purchase a program to help complete it, you expect part of the difficulties of handling that task to be alleviated. However, rarely can you find a program or firm that can single-handedly complete an entire process on your behalf. Yet, that's true of Certify: if you make use of our top-level expense report management software, your employees will never have to report their expenditures manually ever again.

Certify's ReportExecutive program simplifies every step of the expense and reimbursement process for your entire company. It doesn't merely make one part of the task easier for you to complete - it makes the entire process take a matter of mere moments. Certify helps you every step of the way, from documenting expenses themselves to receiving your reimbursements.

Completing your expense reports manually is a burden - for your traveling employees, for your accountants and for your business in general. Yet, when you employ the help of Certify, you're doing more than merely lifting a burden. You're gaining a partner in your business - a program that will help you operate more efficiently and make more money.

What Certify does for you Certify simplifies each individual process involved with reporting costs and receiving expenditures. First off, it allows business administrators to create a company-wide schedule for when expenses will be reported and published. Your employees will be digitally loading their expenses throughout the time period - all they need to do so is to take a picture of the related receipts. When the selected day arrives, Certify will merge all these expenditures and receipts into one unified expense report.

This will aid you immeasurably in better organizing your company's budgets and expense reporting process. Your employees, additionally, will be thrilled by the easier-than-ever ways to report their costs. Never again will they have to fumble about with receipts or endlessly organize expense-related documents during their valuable time out of the office. Now, they simply take a picture of the receipts related to their expenses using a mobile device, and allow Certify's software to do all the work for them.

By automating every step of the process, Certify can ensure that your employees are always in the loop as it regards to their expenses. When they have a publishing day upcoming, our system will remind them to review the receipts hosted in their digital wallet. If any of their reported expenditures inadvertently violates your company policy, our program will warn them. When it's time to submit the report for approval, our program will even prompt them to give it one last look-over before submitting the expenses.

If you ever have any problems, our team will even be there to help. The Certify support staff is renowned for its ability to help businesses in any sector troubleshoot through whatever expense reporting problems they may encounter.

You'll be completing the process easier than ever before Once you begin making use of Certify, the expense report process will drift into the back of your mind, because our software will be doing all the work on the behalf of your business. Still, you'll notice the improvements immediately: your finance team will be able to divert their attention to tasks that more fully require their expertise, your employees will become more productive during their business trips and your company will quickly find itself saving significant amounts of budgeting funds. Certify doesn't just help you complete your expense reports - it helps you get your business running to its full potential.