Does your delivery driver always return with a stack of bills? Big Saving Tip: Up to 30% Cost Savings for the Company, know-how! Expenditure during transit consumes a big part of an organization’s budget in the case of logistics companies. Many businesses consider it the second-most challenging operating cost to manage, yet they opt to ignore digitizing the expense management process. Managing transit expenses…
Month: September 2021
The Beginners Guide to Petty Cash Management
“Beware of little expenses. A small leak will sink a great ship – Benjamin Franklin Petty cash, which represented barely 3% of the company’s total spending has shown a considerable rise in recent years. As businesses continue to grow, the cash requirement allocated increases accordingly. Due to the ease of availability and low liability, employees…
Review Renew and Revive – Is your expense management system redundant in the post covid scenario?
According to research, about 38% of users have switched to contactless and digital payments this year due to the impact of a pandemic. Automated payment systems and card-based payments are growing rapidly in these times. The conventional expense management system is redundant and outdated to suit the needs of users in this digital age. Traditional expense management…
How a salesperson can manage expenses with 40 more hours every month?
Sales is a very crucial department in a company. Sales is one of the most important revenue generating streams for the company which is essential for its survivability. The schedule of a salesperson is as busy as it gets. They have to schedule, travel, and set up meetings with prospective customers. However, this also translates…
How EMS Simplifies Expense Reporting Process End-to-End?
Are you still creating an expense report manually? Would you believe us if we told you getting an expense management software will make your work 22% faster? Know how, check how much money you’d save if you switched to Expense Management Software! According to a survey conducted by the Global Business Travel Association (GBTA), Here are a few quick facts: One expenditure report takes: 20 minutes to complete 18…
