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ExpenseOnDemand
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Expense
Management
Automate your expense claim administration, expense managemenet and processing.
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The Facts:
- All organisations have a requirement to complete expenses.
- Currently over 90% of organisations use Excel to complete expenses.
- Lack of automated processes prohibit data analysis and can slow down the
invoicing
process.
- Savings of between 5% and 15% on travel and expense spend can be
realised by
automating the process
- Expense software can reduce time spent on claiming expenses by 50% and a
50%
reduction in costs
Aberdeen Group states; companies using expense solutions
can pay 10% less for goods and services through
increased contract compliance.
Expense software - benefits at all levels;
For the Users/Employees
- Reduce time spent completing expenses
- Enjoy quicker payment
- Maintain personal records
- Scan supporting documents
- Calculate Mileage
- Itemised Billable expenses
- Review previous expenses
- Know outstanding position
- PDA
- Any time, anywhere
Expenses for Managers
- Analysis of spending, comparisons and compliance
- Speed of processing
- Reports on late expenses which can slow down invoicing
Expenses for the Finance team
- Establishment and implementation of policies
- Better compliance
- Prevention of fraud
- Monitoring
- Short Payback
- No additional infrastructure
- Easier to pay
- Analytical capability
- Improve completion of timely expense reports
- Improve the power to negotiate with vendors
- Improve capture of billable expenses
- Reduce cost of back office
- Speed up payment
Expenses for the Administrator
- One day deployment
- Professional Services on hand
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