Expense Management stories - Page 2

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Small and medium businesses are being held back by manual expense management practices, according to SAP Concur.

When it comes to business travel expenses, some still have to be done the manual way and they often rely on employee estimates.

Digitalising travel and expense data cuts paperwork and saves money, says SAP Concur, offering real-time visibility and automation for smoother business trips.

SAP Concur has launched a budgeting solution for SMBs that provides visibility and control over spending in real-time.

Xero has made a U-turn on its decision to retire its older expense claims functionality and replace it with the new Zero Expenses.

The features will pull photos of receipts right into the Xero Expenses Android app and also allow clients to pay off invoices from within Outlook.

The new Expensify-AirPlus partnership offers business travellers and travel managers an enhanced booking experience with complete automation.

Where overspend occurs, managers should ensure those responsible can justify their actions and, if necessary, educate them appropriately.

The upgrade brings increased coding functionality, tax support, and more for both accounting and professional services automation.

Xero partners with Expensify, enhancing global expense management with innovative receipt tracking for its teams.

While business expenses might seem like an ongoing (and outgoing) necessity, there are ways in which firms can capitalise on business expense data.

Growing businesses need to move away from spreadsheet software like Microsoft Excel for expense tracking, says Concur.

Despite paper receipts denting Aussie business wallets, only 23% embrace digital expense tools, says Concur's ANZ chief Matt Goss.

Concur highlights the hidden costs of manual expense processes, urging firms to switch to automated solutions for better spend transparency and compliance.

Automated tools like Concur simplify tax time by allowing employees to track expenses digitally throughout the year, easing the end-of-financial-year rush.

Business travel is on the rise, highlighting the need for technology platforms to make the process more efficient, according to Concur.

Travel and expense management SaaS provider Expense8 has won new customer deals with Mitre 10 and BAI Communications.

Concur argues that outdated expense systems dismay staff, urging firms to adopt mobile solutions for faster, happier workflow.

Concur claims that full visibility of employee expenses can lead to healthy cash flows and improved employee satisfaction.