Managing expenses is not only an issue for finance people, in fact, employees on the road can become frustrated when they have to spend hours filling their expense reports, scanning their receipts, and then waiting weeks to get reimbursed. All the hours wasted in the process are time not used reaching to clients, closing deals and ultimately improving the bottom line.
Here, mobile technology can come to the rescue. A business expense app can help employees record their expenses and submit their claims on the go. This will allow the company to capture the correct data at the source, reducing errors. After that, processing claims automatically will speed reimbursement and make everyone happy.
In sum, a piece of expense management software, coupled with mobile technology can:
- Reduce the cost of processing expenses
- Help you gain visibility and control over your company spend
- Increase the productivity of your people as they will spend less time gathering and tracking their expenses
- Increase the workforce satisfaction
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