Learn the best ways to manage your expenses (7)

Find the latest news and tips from the Jenji experts

Our experts share their experiences and tell you about the latest trends in business expense management through Jenji's resources!

What is a financial controller?

The role of a financial controller (FC) can be difficult to define. This integral and senior accounting position combines pure accounting, finance strategy and leadership. The FC generally reports to a finance director or CFO and is responsible for the accounting operations of an organization, making sure they run smoothly. A key player in the organization, they keep an eye on the company’s finances ensuring that there are no surprises at the end of the quarter.

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Everything you need to know about the Jenji Corporate Card

Business credit cards — simplify your business expenses More and more businesses are discovering how business credit cards can help them sidestep cumbersome financial processes. Here’s everything you need to know on the subject — including enhanced control of expenses, increased employee autonomy and how these cards work.

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Rolling forecast: the key to continuous performance management

Rolling forecast: the key to continuous performance management Forecasting is a technique used by medium-sized and large organisations that leverages historic data to make informed predictions on the direction of future trends. There is an agile form of forecasting that is making this vital process more efficient: the rolling forecast.  

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Virtual Payment Cards

Today digital payments are becoming the norm and the percentage of people using virtual payment cards is increasing significantly. Even the EU government is preparing to roll out digital wallets for every citizen shortly.¹  So, what is this virtual credit card, and why would you want one? In this article, we’re taking a look at what they’re all about.

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"As CFO you need to take actions to have significant impact "

B2B Rocks - by Axeleo, is a leading online conference in Europe for B2B and SaaS startups with monthly digital series.   Along with recognized finance experts from the B2B SaaS industry, Sylvain Pasquerault, VP Finance of Jenji, discuss the key success factors for CFOs and the financial strategy of a company in general. When should the founders structure the finance function? What is the role of the CFO? How will he infuse a performance culture in the company?

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Evaluating Expense Fraud in Singapore: How It Costs More Than Just Money

Expense fraud remains a pressing problem for companies globally, especially with the economic downturn brought about by the COVID-19 pandemic. With an estimated 13.2% contraction of the economy in the latter half of 2020, the onset of the pandemic has brought about Singapore’s worst economic recession to date.¹ Expense fraud further contributes to significant economic losses for companies that fail to detect it, making it more crucial now than ever to tackle this challenge.

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"Leveraging on AI, we help businesses proactively detect fraud and anomalies"

Lee Chee Leong, Head, APAC at Jenji, believes that the company’s automated proactive analysis plays a crucial role in streamlining organizational processes.   "Going fully automated means the expense submission and approval processes are quicker, more efficient, and have fewer errors. For example, with Jenji’s OCR (Optical Character Recognition), users are not required to input receipt or invoice data manually. Accurate data extraction means time spent on data input is reduced by at least 80%."  Read this article at FOCUS #75 to learn more

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Discretionary Expense

What is a discretionary expense? Expenses, whether for potential audits or to save money. The term discretionary expense indicates a cost that is not essential to the functioning of a business or organization. In a corporate or organizational environment, this kind of expense is associated with improving standing with customers, clients, and/or employees, and is often considered important for long-term profitability. However, it remains a type of spending that is not strictly necessary, meaning that the business could still function even if all discretionary spending stops. A business or organization has the “discretion” or choice when it comes to this kind of expense, for example, meals at restaurants or entertainment costs. It is important to have an efficient system for filing and tracking these and other kinds of expenses.

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