Learn the best ways to manage your expenses | Articles (3)

Today, in our digitalization age, automation and cloud technology are changing the way companies do business, the last year and a half more than ever. That’s why now more and more companies stop keeping a manual book record of their expenses and switch to cloud & data-based expense management software. This solution is always supported by a smartphone app, which will positively impact the way you manage employee expenses as well as your bottom line. Below are some of the most notable benefits you will experience with the use of a mobile expense management app.

When it comes to succeeding in the world of finance, having the right tools is essential. As a CFO, you need to be armed with the best possible resources in order to make sound financial decisions for your company.

Payment card transactions have quickly become some of the consumers' most widely used methods. Card payments made with debit cards make up 28% of payments, while 27% use credit cards. Businesses in the era of a hybrid workforce need faster and more secure payment options. Ensuring payment methods quickly and easily tie back to invoices saves time and money. In addition, payment processing fees can be reduced or even eliminated with virtual payment cards. The benefits of this payment method are numerous and include:

When paying for business-related expenses for food, labor, travel, or accommodation, for example, businesses have multiple options. The primary ones include equipping employees with business bank cards, reimbursing them for expenses incurred using a form of expense reporting, or paying them “per diems.”

Be a Strong Woman and Dare: Growth Opportunities for Women in Finance We live in a society where women are still underrepresented in many industries, especially finance. That’s why it is so important to have open and candid conversations with women in finance, to encourage those who want to grow and develop professionally and personally. 

How you can get more out of the expense management RFP process As organizations evaluate their opportunities to streamline overhead operations, expense management automation is a clear solution. 

Today is the Era of AI and Data Potentially the most significant shift that we’ve seen over the past decade in the world of technology has been the incredible advancements we’ve seen in big data and artificial intelligence.  Research from SEMrush shows that the global AI market is expected to continue its rapid acceleration and reach a global value of $190bn by the year 2025.

What is Mileage Reimbursement Business owners and consumers have taxes on the brain again. Enjoying tax savings can feel intimidating, but taking advantage of the deductions available doesn't have to be confusing. For example, workers may often consider writing off the mileage they incur for their employment, and employers also find value in these deductions.

Understanding Fraud In 2020, more than 2.1 million fraud reports were received by the Federal Trade Commission from consumers. As a result, fighting fraud continues to be on the mind of consumers and businesses everywhere. 

Expense Management Survey  In the second half of 2021, Jenji conducted a survey on expense management practices and changes in the Asia-Pacific region (APAC).

What is an expense tracker? Business leaders rely on data to make good decisions. But the reality is that many organizations today are making decisions about expenses based on incomplete or inaccurate data.