“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…
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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 The conventional expense management system is redundant and outdated to suit the needs of users in this digital age.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…
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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…
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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…