Companies have a lot to lose when they fail to manage their expenses efficiently. Monitoring their operational costs is business critical for companies to ensure the health of their cash flow. Traditionally, employees who use their own money to pay for corporate expenses submit their expense reports manually. The finance teams will take these paper-based…
Month: November 2023
How To Use Expense Management Systems To Identify And Eliminate Wasteful Spending
Many businesses struggle with inefficient and ineffective expense management systems that lead to wasteful spending. This can have serious consequences for the business, such as reducing the cash flow and profitability, damaging the reputation and customer satisfaction, etc. By utilizing expense management systems, businesses can identify areas where spending is excessive and take action. In…
The ABCs of Travel Expense Reimbursement: A Beginner’s Handbook
Traveling for work can be an exciting adventure, but it often comes with a myriad of expenses. Fortunately, many employers offer travel expense reimbursement to ease the financial burden on their employees. In this beginner’s handbook, we’ll explore the world of travel expense reimbursement, understanding its intricacies, and learn about Zaggle EMS which can make…
Why Your Organization Needs an Online Expense Approval System ASAP?
Time is an essential yet finite resource that businesses have. Despite this, a majority of companies spend most of their time on tasks that can be automated through digital platforms. Nearly 40% of the employees spend about 25% of their weekly work hours on manual tasks like data entry, as per a Smartsheet report. Businesses…
