How to Deal with your Expense Reports to make it Easy

Business people are among the best risk takers because risk taking is an integral part of being an entrepreneur. There is another thing that they are great at - managing their expenses. Go out for lunch with any entrepreneur and you will find them meticulously keep the luncheon bill with them. Of course, for any businessperson luncheons are business expenses and they need to show the copy of the bill at the end of the year to claim income tax deductions. Without proper expense reports any business will end up paying more taxes and no entrepreneur is going to like that.

Any business runs on income and expense balancing. When the income is more than expense the business runs on a profit. While there are intricate calculations built into managing incomes and expenses it is really all about entering all data on both sides of the profit and loss statement and balance sheet and seeing the report at the end of the year. It's not the easiest of jobs because different accounting standards demand different ways of managing accounts that only trained accountants can do. But then, when someone starts their own business or is just about trying to break even they cannot afford to have an accountant on their payroll. They typically hire someone to balance their books at the end of the year. This is a cumbersome job for the accountant and a costly affair for the entrepreneur.

Today this job has been made much simpler and much more cost effective and this is thanks to some websites that offer free accounting software applications. To use this application one just needs to sign up for free and then get started. The way to handle the application is rather simple and someone with only basic knowledge of accounts can manage it. At the end of every quarter the application can be used to show various reports - total income report total business expenses report, total tax paid report and total commission paid report. These income and expense reports can then be emailed to the accountant, saving time for them and money for the entrepreneur.

But even before that the application serves one very important purpose – it allows individuals to store their income and expense reports on a cloud server. A cloud server is a virtual server where every individual is allocated some space. One can log in using their credential and once they have access to the server they can either save their business expenses or income data there or take out data that has already been stored. It is a safe and hassle free mode of operation that anyone can manage. The files can be saved in MS-Excel, .csv or PDF format. To mail the report one just has to use email.

Such computer applications are extremely useful for storing and tracking business expenses and taking out expense reports. And since anyone can use them for free it becomes all the more lucrative a proposition for businesspeople to use.

The Big Part of Expense Reports

Expense reports play a vital role in the business organizations in many ways. They become important part of record for the employer for the tax purposes. The total income of an organization comes after all the expenses are deducted from the total revenue earned by such organization. That means the expenses mentioned on the expense report also become part of total expenses of an organization and they are not subjected to taxes. The expenses shown in the expense reports go into the expenses and they can be shown to tax authorities at the time of need.

An expense report is usually in shape of forms which are filled up by the employees when they spend from their pockets during representing the employer or organization for the purposes of business. The expenses usually are of travelling, eating, staying and similar ones which are mentioned on the expense report. The employer reimburses the employee with the expenses so made and the expense report eventually becomes an important part of the record for the organization. Even some of the good employees give bonuses to employees who spend wisely while spending on behalf of the employer.

The expense report is a way which strengthens the relationship between the employee and the employer. Expense report shows credibility of both the employee and the employer. Good employees spend wisely while representing the organization and they fill up the expense report honestly. Similarly the good employers pay the employees in less span of time the expenses so mentioned on the report. If both of them keep working honestly then things shorten up the distances and relations between the two improve.

The expense report can perform as performance evaluator for the employee. It shows an employer clearly how extravagant or wise an employee is. The employer can track various kinds of expenses made by the employees during staying, eating and traveling to different destinations for the organization of the employer. The expense report can serve as an important tool for reducing the expenses for future when the employees are out to spend on behalf of the employer.

Expense Deductions: Your Corporate Gift Guide

There are plenty of reasons your company would give a corporate gift: spreading seasonal cheer, thanking a valued client, or celebrating professional achievements. Organizations can certainly benefit—not only from fostering client or employee relationships—but also from IRS-defined deductions. As the holiday season approaches, here’s a regulation refresher when it comes to corporate gift-giving expenses.
The $25 Gift Limit. Your company can deduct up to $25 for each business gift per recipient per tax year. Colleagues, clients, and employees all fall under this $25 limit, whether the gift is direct or indirect. The difference? A gift intended for eventual personal use is considered an indirect gift, including gifts to clients or family members of employees, whereas those given as part of a direct professional relationship (i.e. a company to its employees) are considered direct.
Incidental Costs. Costs that are considered incidental are generally not included when determining the cost of a gift for purposes of the $25 limit. Incidental costs include items that do not add substantial value to the gift, such as: Jewelry engraving
Packaging, insuring, and mailing. Gift-wrapping supplies. To clarify “substantial value,” the IRS gives this zesty example: While gift-wrapping is an incidental cost, an ornamental basket to package fruit is not incidental if the value of the basket is substantial compared to the value of the fruit.
Exceptions. When it comes to gift-giving deduction rules, the IRS isn’t a total Grinch. Some items are not considered gifts for purposes of the $25 limit: if the item costs less than $4, has your name clearly and permanently imprinted, and is something you widely distribute. For example, you usually won’t need to include promotional items like pens, desk sets, stickers, stress balls, and bags within your $25 limit. Signs, display racks, or other promotional collateral that the recipient will use on business premises are also non-gifts.
Gifts vs. Entertainment. According to the IRS: when in doubt between the two, it’s usually entertainment. If you give tickets to an event and don’t accompany the recipient, you could classify the gesture as a gift expense or an entertainment expense—whichever option is most advantageous to your company. If you attend the event with the recipient, the tickets will be treated as an entertainment expense.

Certify is a leading cloud-based expense management solution for companies of all sizes. To learn more about how you can save money, time, and frustration by automating your expense reporting process.

Explaining more About Expense Management

Any business which is not able to manage its funds in an appropriate manner will find it difficult to sustain itself. A lot of business firms have been closed till now because of their insolvency. Proper financial planning is required by companies so that they can meet all their goals. The goal of almost every organization is to earn as much profit as possible. In order to increase the profits, various kinds of steps are taken by the organizations. They advertise their products/services and decrease their costs.

Decreasing the costs is a very simple way to increase the profits. A firm which is earning handsome revenue will not be able to retain much profit if it incurs high cost. There are a lot of business units which know the importance of reducing their costs. There are some expenses which are necessary and cannot be reduced. Taking care of employees is the duty of every organization. If an organization does not pay its employees well and give no incentives to them then the employees will not be happy. It is very important to keep the employees happy.

Time is also very precious for all the organizations and they do not want to waste it. Some activities may take a lot of time if they are not done with the help of the computers and specially made software. Several types of expenses are done by employees of various organizations on their behalf and at the end of every month they need to get their dues back. Employees need to fill forms and make their claims by using the expense report software in various organizations. Where no expense report software is used, a lot of time is taken to process the claims of the employees.

A lot of money is also spent by companies on paying their employees to travel to far off countries and places for business purpose. Proper planning is required to find out the most economical ways of reaching to various destinations which needs to be visited by various employees. People who are looking for the software which can help them to do travel and expense management need to search the internet. There are a lot of online stores where the software for managing the travel and travel expense management is sold now days.

Organizations which want to shorten the process of processing the claims of various employees should know about the online expense management. The software which is available for the online expense management enables the organizations to automatically process the claims made by different employees in a very short period of time.

Knowing what is really the Expense Reports can do in our Business

The expense report has a lot of pros if done right, these include eliminating unnecessary paperwork, eliminating unnecessary paperwork, analyzing spending trends, and analyzing spending trends. An "expense report" is a basic accounting term used to define all charges that an employee obtains while doing work. The details necessary for an expense report are as follows: the vendor name, voucher number, cost of items or services, invoice number, and the date of purchase. Depending on the report, more info may be required. The expense report may deal with various aspects of business such as travel, entertainment, meals, and more.

A thorough expense report lists all expenses by month, and fiscal year-to-date. The precisely finished and approved expense report is necessary to the company to appraise and guess the expenses incurred for especial cost objects or for particular people and is extremely useful if the company is ever audited. When submitting the expense report, the agent should submit all original receipts along with the expense report. Given the actual receipt is damaged the employee needs to give a specific explanation and will probably will provide substitute proof of payment. In addition, the employee must ensure that when submitting the expense report all that it is neat and correct. The expense report keeps record of all expenses that have been acquired while a traveling employee engages in necessary tasks on the road. These could be paying for gas, meals, parking or lodging. further, when employees spend any money in cash they must confirm those expenses are also listed on the expense report. Again, don't misplace the receipt.

If you find yourself requiring expense reports, relax; there are expense reporting apps that will help you save time and money as well as build a detailed excel expense report. Such apps are user friendly and a great idea.

The expense report has a lot of pros if done right, these include eliminating unnecessary paperwork, eliminating unnecessary paperwork, analyzing spending trends, and analyzing spending trends. An "expense report" is a basic accounting term used to define all charges that an employee obtains while doing work.

Seamless and Uber Continue To Rise in Popularity for Big Cities

The SpendSmart™ Report is a quarterly report by Certify that rounds up some of the biggest trends in business travel spend. As we have previously discussed, Starbucks continues to be the number one expensed restaurant in the US, beating out other popular brands such as McDonalds, Subways, and Panera Bread. When we look at the data, it is easy to see the overwhelming support for the top, familiar brands.

But what if we looked at some more local trends? Do these national trends translate over to different metropolitan areas? Let’s take a deeper dive into the trends from the top 4 cities for traveling professionals.

New York

When looking into the SpendSmart™ database, more specifically at the Metropolitan Area of New York, we noticed a strange trend. Seamless has beaten out the #2 expensed vendor , Starbucks, by more than just a narrow margin. In fact, the growing online delivery service beat out Starbucks by 218%. And this is not the first time this has happened either. This is becoming an emerging trend in New York City. As the variety and quality of restaurants locally start to overshadow the national trend to favor larger brands. With the average cost per meal being $58.54, far more expensive than the national average, and Le Pain Quotiden as the top rated restaurant, it is obvious that business travelers don’t mind spending more to sample to local flair. Yellow Cab is the most expensed of any other category, leading with 7.3% of the total general expenses category. With hotel rooms averaging, $373.16 per visit we can see that many of these travelers don’t mind spending more in the Big City. Los Angeles Los Angeles follows national trends much more closely, with Starbucks being the most frequently expensed vendor for meals. However, the top rated meal vendor for Los Angeles was In-n-Out Burgers showing that many smaller brands can rate highly despite the competition. The average meal in Los Angeles is $43.86 and the average hotel is $250.44, showing the city has lower travel expenses than other popular metropolitan areas.

Uber hits number one as the most commonly expensed vendor in the general category. Uber leads by an average of 3%, with $31 as the average expense. Uber offers taxi service via app and has grown substantially over the past few years, expanding to Los Angeles, New York, Paris and over 200 others worldwide.

Boston

Boston, like Los Angeles follows trends national trends quite closely, with Starbucks in the lead for total expenses. Like Chicago, Boston favors the big brands with Panera Bread as the highest rated restaurant for business travelers. Bostonians, on average spend $51.73 per meal and $301.26 per stay at a hotel room.

Boston most expensed vendor is under a general “taxi” expense, which leads with 4.13%. This is most likely due to the large number of smaller taxi companies in Boston. For ease, the company name can be omitted for the expense report, but makes it harder to pinpoint any exact company.

Chicago

Starbucks leads the pack in Chicago as the most expensed meal vendor in area. In a strange twist, the highest rated restaurant in Chicago is Dunkin Donuts, one of Starbucks many competitors. The windy city follows the national trends a bit more closely than other cities, favoring bigger brands over the smaller ones. The average meal in Chicago is $47.13 while the average cost per hotel stay is $299.81.

Yellow Cab is the most expensed under the general category at 3.03% of total general expenses from Chicago. With over 1600 taxis in the area, it comes as no surprise that the cab company is #1 in total expenses for Chicago.

Certify, is the #1 ranked expense management solution for user satisfaction in the latest G2crowd report, making it easy for traveling professionals to create and submit their expense reports with ease.

Expense Reporting for your Business Management

Expense reporting is required if you intend to reimburse employees who spend on behalf of the company. However, the process of creating, approving, reimbursing and managing the expense reporting process can be time consuming for all involved.

Expense Reporting is the process by which employees record and submit spending they are doing on behalf of the company either using a corporate credit card or their own cash. Expense reports helps companies determine how much and on what money is being spent.

Manually creating and processing expense reports can be quite expensive to the company in a number of ways. Compiling expenses into a spread sheet and stapling receipts can be quite time consuming for staff. It is prone to error which is much more difficult to find in a paper-based system. It is also much harder to catch fraudulent expense submissions.

If you are searching for ways to better manage your company's expenses, ensuring that business funds are being appropriated in accordance with established policies is high on the list of priorities.

The Big Essence of Expense Report in you Firm

When it comes to the reimbursement of employees, an organization needs a report that is effective and efficient at the same time and one which will ensure that all the expenses that a particular employee has incurred are recorded in the best way possible. This report has to ensure that all the employees of a particular organization are reimbursed all their expenses on time without any delays. The report that is used in such cases is called the expense report. This report is normally very important to the operations of an organization especially when it comes to the time when employees want the organization to reimburse all the expenses that they have incurred for the purpose of the operations of that particular organization.

There are many organizations that normally carry out certain transactions which ensure that it carries out all its operations efficiently and in the best way possible. Such transactions usually involves the purchase of various items and in most cases most organizations normally pay in advance because it is easier when it comes to making the transactions. When an organization purchases things for its operations, there are certain things that are rarely noticed but are very crucial for the running of the organization. Such things are normally the small things that are purchased for the purpose of the running of the organization and this is where the expense report comes in handy. There are also various expenses that are covered under this particular report and such expenses are mainly related to travelling expenses. Such expenses include air fare, bus fare, hotel expenses, food expenses and many other expenses that are incurred by an employee of a particular organization when he or she is in a certain trip that is beneficial to the organization. This report is usually very essential as it assists the organization to know various things that go on in the organization and look for ways in which they can improve the running of the organization. This report helps the organization to know the amount of money which they are required to pay to each employee in terms of reimbursement money. This helps the organization to reimburse all their employees on time and therefore ensuring efficient running of all the activities of the organization. This report is usually prepared by a trustworthy employee because it has to be as honest as possible after which it is taken to the accounting department for the purpose of reviewing it.

Online Expense Reporting in your Business

Most of the businesses today are having the hard time in managing their expenses duty to some to some error in managing your expenses failure to submit the individual expense reports will lead to the delay of the entire business operation especially for the overall expense reports of the company. Hence, most of the business company are using the manual way of managing the expenses well don’t be assure all the time that they will be on the time but rather they will be late due to some errors that might possible to happen. This is one of the main reason to adopt the online way of reporting aside from it is fast it is easy to undo all the errors that you done in your report just a little bit of edit without making the entire report all over again.

Business intelligence refers to computer-based techniques for identifying, extracting and analyzing business data, such as sales revenue by products and/or departments or by associated costs and incomes, etc. Business Intelligence is an important aspect of every business solution. Users at various levels need to be provided with appropriate information in order to help them in making smarter decisions. This article focuses on the business intelligence aspect of online expense reporting solutions.

Generally, expense reporting solutions provide users with a variety of business metrics such as reports and dashboards to analyze important areas of the expense reporting process with customizable options. These reports and dashboards are customized for various levels of users.

The Effective Expense Management

Managing your business expenditure effectively to reduce costs, save money, and increase efficiency isn't a job to be taken lightly. Since effective expenditure management can result in improved service delivery, you should look for solutions that offer an innovative approach to increase corporate accountability, reduce risk, and ensure that clients' results meet their expectations.

In the present era of increased shareholder accountability, regulatory oversight, and risk management, you need a reliable corporate expense management solution that lets you make critical decisions based on proven processes, useful business insights, and sound business principles. This is where business expense software can help.

Be it streamlining the complete expense report life cycle, or creating and exporting approved expense report data and other such tasks, such software can complete all these processes and do much more with a few clicks. Another good news is that you won't need any knowledge of accounting principles to get the job done as such software to manage business expenses are developed by experts who have decades of real world experience in managing complex corporate service functions.

Whether you own a small business or a big enterprise, you will need to simplify your daily tasks, and keep your clients happy. A software for business expense management can make common tasks faster and easier by automating them. Starting from selling and bookkeeping to other complex tasks like creating expense reports offline and while on the go, getting expense reports approved, analyzing corporate spending, and making multi-currency purchases, such solutions can let you handle all these and much more.

A Few Things to Know About Expense Report Software

The current economic condition forces management and finance departments to ensure that employees are not being overly enthusiastic in spending company money. One way to restrict unnecessary expenditure is to ensure that accurate and detailed records are kept. These records will help in future audits and investigations.

Expense Report Software has a few interesting facts and benefits for your organizations. An interesting insight is that this software allows excluding spreadsheets and manages the expenditure made by employees on business trips in the most efficient way. These are the major benefits of using this application:

The software makes expense receipt management easy as employees can upload expense receipts from smartphone or any device from anywhere. They can also send it via email after capturing image of the same using a webcam. It also allows employees to email receipts to a designated email Id. Comments can also be added to receipts and they can be attached to expense report or an individual line item depending on how the solution has been configured for the organization. This solution uses data extraction technology which scans data and extracts it directly into expense reports.

This expense software allows currency conversion automatically as it pulls exchange rates based on the date of expense and currency selection. The user can override the exchange rate if required. Users can now access their expense report while traveling, by using a mobile app. They can create and submit reports through icon driven menus and screens. This application allows attaching receipts, viewing company policies, and more.

Expense reports can be submitted conveniently from travel itineraries. Corporate credit cards can be dragged-and-dropped to the online report system to create line items. Users can also use their smart phones to attach receipts and access their expense reports.

What is really an Expense Reports?

The expense reports has a lot of pros if done right, these include eliminating unnecessary paperwork, eliminating unnecessary paperwork, analyzing spending trends, and analyzing spending trends. An "expense report" is a basic accounting term used to define all charges that an employee obtains while doing work. The details necessary for an expense report are as follows: the vendor name, voucher number, cost of items or services, invoice number, and the date of purchase. Depending on the report, more info may be required. The expense report may deal with various aspects of business such as travel, entertainment, meals, and more.

A thorough expense report lists all expenses by month, and fiscal year-to-date. The precisely finished and approved expense report is necessary to the company to appraise and guess the expenses incurred for especial cost objects or for particular people and is extremely useful if the company is ever audited. When submitting the expense report, the agent should submit all original receipts along with the expense report. Given the actual receipt is damaged the employee needs to give a specific explanation and will probably will provide substitute proof of payment. In addition, the employee must ensure that when submitting the expense report all that it is neat and correct. The expense report keeps record of all expenses that have been acquired while a traveling employee engages in necessary tasks on the road. These could be paying for gas, meals, parking or lodging. further, when employees spend any money in cash they must confirm those expenses are also listed on the expense report. Again, don't misplace the receipt.

If you find yourself requiring expense reports, relax; there are expense reporting apps that will help you save time and money as well as build a detailed excel expense report. Such apps are user friendly and a great idea.

The expense report has a lot of pros if done right, these include eliminating unnecessary paperwork, eliminating unnecessary paperwork, analyzing spending trends, and analyzing spending trends. An "expense report" is a basic accounting term used to define all charges that an employee obtains while doing work. The details necessary for an expense report are as follows: the vendor name, voucher number, cost of items or services, invoice number, and the date of purchase.

How Certify Mobile Works

When it comes to making work easier for your employees, you want to ensure that they're given supplemental resources for things that they already have. And one item that virtually every person has these days is a smartphone or mobile device.

The process is pretty simple once you've downloaded the Certify App to your mobile device. First, with the camera that's mounted on your smartphone or tablet, take a picture of the receipt you have. From here, Certify's custom ReceiptParse takes control, automatically filling the expense fields at lightning speed.

All you have to do is review and edit the expense details as necessary, then sync the details with your online Certify Wallet for a separate expense report.

The Certify mobile app is more than just a convenient way to go paperless. It can simplify you and your workers' job-related tasks in other aspects as well. For example, if you're traveling on business, it may be hard to always be checking your email messages.

This isn't a problem with Certify mobile. Once an employee sends you an email, you'll be notified just as soon as it arrives in your box, saving everyone a lot of time and energy.

During those occasions in which the Internet is spotty or unavailable, Certify Mobile enables you to make good use of your time. There are features on the app that allow you to make comments on expense items. These items are then saved and synced once you have a network available.

Mobile Apps Can Make Travel Expense Management Easier

While travel expense management may be a challenge, mobile technology is changing the process for the better. Workers are able to use smartphones and tablets for all their business travel needs, from booking to record-keeping, and it's led to an increase in productivity in the workplace. Not everyone is reserving their travel on mobile devices, but according to Travel Daily News, mobile sites are at the very least a reliable way to find information.

Dorothy Dowling, senior vice president of sales and marketing at Best Western, explained the rise in mobile travel sites to the news source. "While mobile is being used as an information source, it's not necessarily a transaction source yet," Dowling said

"The information-gathering stage for business travelers continues to escalate, and all travel providers need to provide powerful content on the web for them to best make their travel decisions." Mobile apps have a number of uses besides booking travel, according to The Globe and Mail. For instance, smartphones can be used to keep logs of miles traveled and to collect receipts from travel expenses.

Travel expense management software has proven immensely useful for all businesses - and it's not just on personal computers anymore, either. Devices are becoming more powerful than ever before.

Expense Tracking Make It Digital to make it Easier

A good expense tracking software should not need any note-taking. And in present times, one should say goodbye to spreadsheets, formulas and cells and leave beyond those receipts in the recycle bin. There are many easy to use expense tracking tools available in the market.

Such tools make it easy for employees to capture their expenses so that they can minimize time spent on recording and accounting. Cash expenses like taxi fares can also be easily added to an expense report, receipt images can be captured and uploaded with a camera as also credit card charges, which can be imported and plugged into the appropriate expense report.

Go Paperless. An online expense tracking software provides e-receipts that can capture electronic transaction data directly and then easily and quickly upload it into an expense report. One can also easily take a photo of the receipt with any smartphone and then upload the image to such software system in real-time.

Easy Tracking. It makes automatic transactions and is easy for others in the company to see exactly where the money is being spent. This allows businesses to reimburse employees, monitor project costs, bill clients, and optimize spending.

Centralized Location for All Expenses. An expense report allows your company to automatically track business expenses as per type, department, project or client for real-time visibility into company spending. In addition, all spending data is stored for any further in-depth analysis.

Is Utilize Reporting Options to Improve Receipt Tracking?

Many business members may be looking to find ways that will make their job easier. This can be done through a number of actions, but focusing on facilitating bill paying and tracking may be a good place to start. This can be done through Certify, and the many options available can make everyone at the company happy.

What Certify provides The automated expense reporting options through Certify are vast, and many people may be happy with what they find. Everyone at the company has benefits available when using these options, especially when looking through the dynamic choices on the page. The program has a spending trends option under its reporting tab, so all members can see the progress they re making by using money and recording receipts. This is split up in a number of ways, so when you look at it, you can not only see expense report s by category, but also across time periods, and even business units.

Company leaders who want to check out how their employees are progressing have some great options to keep track of these items, while they can also examine an entire project team's spending. This can cut out a lot of the busy work that people deal with, and streamline the accounting process. Think about it. With this tool, business leaders and accountants will no longer need to take each individual piece and factor it into the greater share of expenses.

How it benefits company members Each person in the company has specific benefits throughout he Certify program, and these can transform how each of these individuals do their jobs. Employees have a great opportunity with Certify. this is because they have the chance to examine any airfare or mileage that they logged on business trips, with the information being completely up-to-date. Another very useful benefit of the program is to learn about any potential violations of company policy that were committed by them. This can happen when they make a purchase and try to bill the company for reimbursement, but these purchases were not authorized in the first place. There are some organizations that will log these flagged purchases and use them as demerits against employees, which can be important for them to ensure they don't hut their own standing at the company.

Another group that has significant help by using Certify are managers at the company. These tools provide the option to generate detailed reports for all of their teams, and it can determine if money savings is occurring, or even where employees may need a little more work in that department. Having analysis tools like this can be quite effective.

Accountants can have their work simplified and reduced through this expense management program. This is because they have the Certify AP report, which will provide them with expenses that can be reimbursed throughout the company, and these items are all split up in multiple categoric options. Whether the accountant wants to determine how these expenses affect and are reported in specific departments, or they want to see how these cogs affect the business as a whole, it can be done in a simple manner through the program. getting this data into other accounting software is also incredibly easy, and it will transfer without issue.

Finally, executives also can benefit from taking advantage of Certify. Having all of the data at your fingertips can be a great way to easily check for a receipt if an issues arises, while still having the control over how payments are tallied.

With Traveling Expenses Rising Invest in Simplified Expense Management

Booking corporate travel can be a major hassle for any corporation. But globalization has arrived - any successful business must now be both national and international, operating beyond the bounds of any countries' borders. That means more traveling for your employees - and higher travel budgets for your accounting department.

But Certify's expense reporting software can alleviate many of the complications that accompany budget balancing, whether your total costs are conservative or sky-high. Our mobile applications and tools can even track your expenses on the go, allowing you to log purchases simply by using your smartphone or tablet to take a picture of the receipt. Automating your expense report saves your employees and your business valuable time - it's not just convenient, it's efficient.

An increased reliance on travel One of the most intricate aspects of your businesses accounting is likely your travel expense reporting, and if statistics are to believed, that challenge is only going to get bigger. In their latest study, the Global Business Travel Association found that "Business travel spending should continue to climb through 2013...travel spending for 2013 is now expected to reach $273.3 billion." If projections hold steady, travel expenses will have raised well over 4 percent since 2012. Even when the numbers are adjusted for inflation, travel expense rates have jumped significantly in recent months.

"It's encouraging to see the return and increase of domestic business travel," noted Tad Fordyce, head of Global Commercial Solutions at Visa, Inc, in a quote that accompanied the study. "These increases are positive reinforcements that travelers are regaining confidence in our own economy ... We hope to see these increases have a ripple effect on international travel in key markets in the coming future."

Travel expense reporting made easy with Certify Keeping track of your expenses has never been easier than it is With Certify's Travel Management programs. Our programs are truly "end-to-end," covering each step of the way, from the moment you reach the airport until your back relaxing at home. Certify's comprehensive travel booking applications even helps you book your flights, hotels, and rental cars - all with a few mouse clicks.

With such state of the art tools, business owners can be ensured that they're representatives will be well-prepared for any journey. And they can also keep close tabs on every dollar spent, in real time - Certify updates all of your accounts as soon as the expenses are registered. Employ global expense management today, and make sure all of your excursions - domestic or otherwise - are given the same level of meticulous oversight as your work at home.

School Districts Remain Vigilant in Oversight of Travel Expenses

Public school districts nationwide are enduring some lean economic times, and they're looking to cut costs wherever possible in order to stay afloat. Some have looked to travel expense management as one area where they can trim their budgets - many educators' schedules are jam-packed with business trips, and superintendents are working to shear those itineraries down to just the bare essentials.

One example of this trend comes from Simpson County, Mississippi, where the school board recently approved over $30,000 in travel expenses for a single month. One of the requests, for an extravagant trip to a conference in Las Vegas, asked for $5,000 paid out in advance, including $1,323 for a five-day stay at Caesar's Palace. The requests were ultimately approved by a 3-2 vote, but the preceding contentious debate was a healthy one, according to the Magee Journal.

"We don't rubber-stamp everything they ask for," board president Larry Cockrell told the paper. "We want to make sure it's necessary/"

This is hardly one isolated case. St. Paul, Minnesota also recently had a lengthy discussion of its school board's travel expenses, according to the Pioneer-Press.

In these situations, expense management software can be a tremendous aid to fiscal responsibility. School boards need to new use with taxpayers' money, and software solutions can help monitor every dollar spent.

Upcoming Webinar: Leveraging Technology to Simplify T&E Expense Reporting Processes for Employees and Managers

Join us on Tuesday, July 22nd from 2:00 PM ET – 3:00 PM ET as Certify President and Co-Founder Bob Neveu hosts a webinar on the new technologies CFOs are employing to increase insight and drive growth in their organizations.

Bob will dive into the current travel and entertainment expense management practices used by leading finance professionals and organizations in the US and discuss ways finance professionals are leveraging technology to drive down travel and entertainment costs and increase visibility into employee expenditures.

Participants can look forward to learning about current trends in expense report management, utilization of expense report software to drive policy compliance rates up to 40%, strategies to reduce processing costs by 70% with automated expense solutions, and best practices of T&E automation with Certify’s platform.

Interested participants should register for the webinar early, as there are limited seats for this event. Those not able to make the live event can register and receive a recorded copy by email.

Why Your Company Needs to Use Automated Expense Reporting

For so many years the innovation of the technology in the market plays a big role in any aspect of our life. Such as in the world business technology place a big role in every transactions that happen with the use of the latest technology almost the medium and large companies have their own sites where every clients all over the world can reach them. One thing that bothers with the employee and managers are when it comes to reporting time. Reporting is a big part in the company especially if it is dealing with your expenses. Sometimes hard times with the employee are taking place since you are dealing with the numbers all day and so many things in your time table error is possible to happen. Why you need to get through to the errors all over again and again which you can use the technology through the automated expense reporting. In my opinion here are the reasons you just switch your reporting with the automation.

Accurate report on time. Since you are in the hurry with all the tasks that you have in your time table sometimes delays might happen. Eliminate this delays makes your report in the right time that you are needed it be automated.

Stay with the Paperless Reporting. Since it is automated you don’t need to waste a piece of paper all over again and again just for your report.

Organized Reporting Process. Being organized is very important to the employee so that all the works will be done in the right time. When it comes to your report you must need to be organizing so that your report will be done in the right time. Automating your reports eliminates the errors in combining with the others all you have to do is follow all the steps needed just read and click is easy right?

Saving time and money. Since you are with the automated way of your reporting you can submit your reports in the right time and your company saves the money because the employee don’t need to pay more with the overtime but somehow the employee will have every expense reports in time.

Big Reasons that your Business Benefits from Expense Reporting Software

Certify's expense management software allows business to make their expense reporting process entirely digital - and, in turn, allows them to make their expense reporting process entirely mobile. The employees at your office are likely attached to their smartphones all day - answering emails, sending texts, dialing into conference calls and much more. When employees are on their business trip, their smartphones may as well be a traveling office. They use those devices to stay connected. So shouldn't they be able to use them when creating and publishing their expense reports?

When your office implements automated expense reporting software, it'll be making the involved process much easier for employees to complete. Yet that will only be true if employees are able to make use of that software via smartphones and other mobile devices. Here are four reasons - among many others - that mobile-based expense reporting is necessary for the modern office:

1. Handle your expense reporting on the road Employees hate having to take time out of their day to arrange their expense reports, vet them against company policies, and publish the results. With Certify Mobile, they won't even need to handle their expense reports inside the office. The program automatically creates an expense report at the end of your company's dictated period, and all the employee has to do is verify and publish the results. Employees who use Certify will have their expense reports published in a matter of minutes, instead of hours - they can likely complete the entire process within the confines of a day's commute.

2. All-over-the-place access As mentioned above, Certify users can even verify and publish their expense reports during their morning commutes. That's because our cloud-based database allows for access to information from anywhere. When you're out on a business trip, you can quickly check through your costs to-date to ensure that you're not violating company policy. If you're a manager, you can watch costs in real-time during a business trip, and reallocate funds as necessary. If you're on the road and realize you need to publish your expense report from your mobile phone, you'll be able to do so. Certify Mobile allows for all-over-the-place access - which will never fail to come in handy for the on-the-go worker.

3. There's no way for data to be lost With Certify, all your expense-related data is backed up in the cloud, so you never have to worry about important data being lost in the shuffle, accidentally deleted or harmed in any other way. However, that's not the only way that mobile-based expense reporting protects your company information. Certify reshapes the way that a business approaches expense reporting - and our automated process ensures that no important documents are ever lost again.

Certify's automated process means that employees never even have to handle the paper receipts that regard the costs they've rung up. They simply have to take a picture of the receipt - our program culls all the necessary data from that receipt image automatically. Every office has been beset by confusion when a big-ticket receipt or another expense-related document accidentally goes missing. With Certify, that'll never happen again - because there's no need for the paper receipts to be stored in the first place.

4. Make things easier for your employees In short, automated expense reporting programs with mobile support - such as Certify - simply make life easier for employees. It cuts down on the number of documents they need to save while simultaneously allowing for far easier access to expense-based materials. It improves an office in innumerable ways.

Sync Corporate Credit Card Transactions Using Expense Reporting Software

A corporate credit card is a major responsibility that an employee should not take lightly. While this card is frequently provided to staff members to help them make business purchases when necessary, it can be problematic if company leaders ignore expense reports.

Top-of-the-line expense management software helps businesses deal with corporate credit card transactions. Business leaders who require their work teams to supply receipts can use Certify to simplify the expense reporting process thanks in part to a first-rate platform.

The importance of quality corporate credit card expense reporting Offering a corporate credit card to an employee is a difficult decision for a business, particularly for those that have strict budgets. Company officials will consider all of their options before providing a corporate card to a staff member, and their decisions could have far-flung effects.

A corporate credit card is designed to make it easier for businesses to manage on-the-job expenses. However, businesses that fail to devote the necessary time and resources to their expense reporting processes could struggle. In fact, some companies might even find that corporate credit cards can be costly and time-consuming if these firms do not manage them properly.

With Certify, business leaders can minimize the challenges they might otherwise face with corporate credit card transactions. This intuitive system accepts information from major credit card companies such as American Express, Visa, MasterCard, Discover and Diners Club, along with issuing banks. Meanwhile, companies can quickly sync corporate credit card transactions with Certify and reap the rewards of the solution for years.

Certify is a user-friendly system A fast, effective expense reporting process is crucial for companies, especially for businesses that want to optimize their productivity. By using Certify, companies can help employees manage their corporate credit card transactions and submit accurate, timely expense reports.

For example, a worker who makes a purchase with his or her corporate credit card will see the transaction appear in his or her Certify Wallet within one to two days. This employee can take advantage of Certify's electronic capture methods to provide numerous details about the expense and submit an expense report to his or her supervisor for review.

Certify matches credit card charges with receipts to deliver a clean expense report to managers. The system is worthwhile for companies that issue corporate credit cards to workers and may help firms noticeably boost their efficiency.

Expense Reporting Process Goes Automated

As an industry leader, a company sets itself apart from rivals by investing in state-of-the-art tools regularly. Additionally, a business that wants to improve workplace productivity could depend on first-rate systems to ensure that employees can finish tasks quickly and efficiently.

With Certify CloudConnect, a firm can automate its expense reporting process. In fact, an organization may be able to profit for years to come, as it will be able to streamline expense management.

Handling business challenges with a quality expense reporting solution In the past, a business that used manual expense reports may have needed several hours each day to monitor its operating costs. If workers were required to track expenses on the go, these team members might have struggled if they needed to provide manual reports.

However, a company can become more efficient if it depends on Certify. By incorporating this expense reporting software into its everyday operations, a company could help its staff members every day. Certify enables employees to snap photos of receipts on their smartphones and camera-enabled tablets, making it incredibly simple to submit timely, accurate materials to their superiors. Meanwhile, this platform automatically creates expense reports, allowing workers to send details to managers from multiple destinations.

Auditing Problem Use Expense Management Software

When it comes to business there are a lot of things that is on your time table to make the tings in the right time. Logging travel and expense reports can be a meticulous task. For employees traveling on the job, on the road or overseas, almost every moment is always booked up: a dinner here, a meeting there, a conference call here, and a meet-and-greet there. Finding the time to intricately record each and every dollar spent isn't just challenging. There are times when it approaches the impractical. But with cloud-based, automated expense reporting software, the struggle to keep up with every spent cent can be let go. Now all it takes is the moment needed to take a photo of the receipt – the software can take care of the rest.

The need for expense reporting software Public officials in Ottawa are certainly wishing they had taken greater precautions against improper expense management. Senator Pamela Wallin was audited as a result of questionable expenditures, according to a report from The Star news outlet.

Wallin was the fourth Canadian senator to be audited. While three of her peers were cited and reprimanded for annual costs of $22,000 used to pay for their homes, Wallin was facing accusations that she misplaced almost $60,000 in expenditures, according to the source. She had already paid back $38,000 to the state, illustrating the high costs of incorrect expense reporting. Especially within politics, the need for every cost to be accurate is nothing short of integral.

"We are very mindful that we don't want to be perceived as if we're doing anything that is not correct," said Gerald Corneau, the senator in charge of the internal economy committee, which tracks budgets and administrative costs.

Track every cost with Certify With the help of top-of-the-line expense management software, you can ensure that not a single dollar is used incorrectly. Yes, your employees will love the fact that they can log their expenses from their smartphone, with the click of a button – but you and your team of managers will love the oversight abilities you gain just as much.

Thanks to Certify, you can verify each expense in real time, ensuring that individual costs and the overall trip budget remain in line with projections on a day-by-day basis. Don't wait to look at your expenses until it's too late. You would never allow employees to spend recklessly on location. With Certify, you can ensure that it doesn't happen anywhere – not on business trips, not on conferences, and not anywhere else.

How to Manage your Employee Expense Report

Every organization needs to have a standard and easy-to-use employee expense report form available to the employees for the sake of reimbursement of expenses during their official or pleasure visits. The employee expense report should include the details about the amount spent, date, purpose and place of expenditure. It should be accompanied by vouchers and bills of the expenditures.

Also, the employee expense report should include the signature of the authorized person who has approved the employee's visit. Employee expenses are reimbursed if the expenses are business purposes and only if the employee submits the expense report within a specified time. Business-related expenses mean those expenses that have been incurred while performing employee-related services. However, if an employee has gone for an eligible pleasure visit, then he/she can submit for reimbursement. Once the employee has completed the expense report form, he has to send it to the concerned approval department for review and the subsequent approval of the claims.

If an employee does not receive reimbursement for some expenses after submitting an expense reports and the expenses are genuinely business related, then the employee may get tax rebate on such unreimbursed expenses. However, it depends on how the employer treats such reimbursements. Moreover, if the employer is following Accountable Plan of reimbursement, the expenses are not subjected to tax. Before applying for the reimbursement of his visit's expenses, it is advisable to the employee to check with his employer as to which plan, accountable or non-accountable, he will come under. Employees can submit expense reports online which, in fact, speeds up the submission and approval processes.

Taking your Accountants works in the Easy Way

When it comes to business most of the employees are making the reports especially for the expenses that they need to do the reports. Somehow moat of the business heads are only focusing how to make the business grow but somehow most of the problems in the company are in the inside to make a business successful makes sure that the employee that you have are in the good to produce a productive performance especially for the accountants of the company since they are dealing with the money and numbers every day and sometimes we can’t avoid to do it due to the some valid reasons.

Today most of the businesses are changing the way that they operated inside the accountants office because a lot of the businesses are changing the entire process in the easy way. Expense reports are important for all businesses, and having the process of getting all the information logged in a quick manner can be vital. Helping accountants achieve this goal is easy through Certify for many reasons. One of these is due to the ReceiptParse option, which gives employees the ability to take care of the bulk of the data entry process. This cuts down errors and makes everything easier for everyone involved.

Employees take a more active role With the ReceiptParse option, the employee can provide the information needed to get their accurate expense report published on time. This is because they have an option to take a picture of their receipt and have Certify fill in all the details for the expenses automatically. With this automatic expense reporting, the details will appear in the app ready to be sent to the company.

Accountants have more ability to manage other tasks This expense management software can be a great way for accountants to take care of other aspects of their job instead of just checking for errors in each submission. Now they can look for issues such as missing receipts more easily, instead of wondering whether the ones they have are correct. This can work in multiple ways, especially regarding managing penalties and learning whether or not a person is in compliance with company expense policy.

Other notable benefits for managers The ease of use for accountants is great, but managers can benefit, as well. The Certify program gives managers the ability to examine and come to a conclusion regarding policy violations, which can be a great tool to have. The office can have many people spending on a multitude of items, and having a better idea of what is allowed to charge to the company and what should be used as personal expenses is quite vital.

The program's ability to flag these issues can make managers have a more solid policy regarding how to handle serial violators. This can make management and administrators happy that there is a specific system in place, while they also have an ability to give employees a better idea of what is allowed, and what needs to be avoided.

Business may benefit as a whole Working with a program like Certify can have a tangible improvement throughout the entire company. This is because it can provide a new system that employees have an ability to track their spending, while other more senior company members can do the same. This ability to have accurate and up-to-date information can encourage everyone to spend money more responsibly, saving the company a notable amount of money later on.

Luxury Business Travels on the Trend

A number of regular business travelers seem to have been charging more than ever to their expense reports for air travel. Recent air traffic figures provided by the International Air Transit Association and reported by Buying Business Travel detail how the demand for premium air travel increased throughout 2013. Considering figures from December 2013, the IATA found that premium travel numbers were up 5.5 percent year-over-year.

The report noted that the growth in premium travel reflects overall improvements in the business environment. The news outlet reported that the figures suggest economic confidence is on the rise across both Europe and the United States.

With automated expense reporting technology, many businesses are able to better track their traveling employees spending - and thus, keep the spending to a minimum. However, there are many other ways that business travelers are working to keep their expenses down, even as they indulge in luxuries such as high-class air travel.

For example, a recent UnitedVoice post hosted by Forbes detailed how many business travelers now build their own customized business travel experiences, which may help to explain the increase in luxury travel. The report went onto detail how "gamification" - the process of rewarding travelers with points, loyalty bonuses and more - has become a core strategy among many businesses and travelers.

"Younger travelers are so incredibly comfortable with the concept of gaming that you now have a large traveling portion of the workforce that fully understands the concept of rewards and badges," explained Will Tate, senior vice president of travel management consultancy Management Alternatives. "This might be that bridge. If we work with gamification, we might be able to create a new and different way to combat the personalization and consumerization that [employees] experience when they travel."

The report went on to detail how cutting-edge expense management systems were now allowing travelers to better comply with company travel policies. It was noted that some businesses even offer rewards and incentives to those who follow the policy strictly. Further, it noted that corporate travel experts testify that better compliance in regards to company policy can lower travel costs by up to 20 percent per employee per business trip.

Making the Best for your Business Reporting

Are having the hard time with all the papers that you have in your table? Most of the employee in the office obviously having the trouble when it comes to the reporting process of the company it seems sometimes they can’t produce the reports in the right time as it is needed. Way back for so many years most of the company are managing their reports manually so imagine the hassles that you take in hen making your reports manually and what could be the outcome if you mistake absolutely you will do it again time consuming and messy table is one of the major problem of the employee. On the other hand some of the employee that also comes from the business travel might have the problem because after your business trip your firm will wait for your expenses reports during your trip with the supporting documents namely your receipts but without it you might in the trouble with your report.

Today don’t get so messy with your business report after the trip that you have made with the use of the latest technology in the in the market absolutely it will change the entire business operation that you have especially for those in the travel all the time. With so many business company that are giving the services online when it comes to managing the reports of the company and one of it is Certify.

When employees who use Certify incur a cost, they can quickly take a picture of the receipt on their Smartphone or other mobile device. The image is quickly uploaded into our database, where Certify's management software automatically culls any necessary data from the receipt and creates an expense report entry. All the information related to the expense - along with a picture of the physical receipt itself - is backed up within seconds. Best of all, your employees don't have to do any data entry themselves, and they don't have to save any paper documents.

Think of all the space and time you'll save once your expense reports are allowed to go paperless. Your employees will find that their business trips and assignments run much more smoothly without the need for manual expense reporting. Your accountants, meanwhile, will find that they have more time to focus on more complex financial issues, since they no longer have to crosscheck and analyze each expense report by hand.

Automated expense report technology can improve your business in numerous ways: it can allow you to go paperless, save your employees time, allow you to back up important documents, and much more. You've spent the past years digitizing and protecting all the information in your office - so it's time that you do the same with your expense report process as well.

Why Every Business Needs Cloud Based Expense Reporting

More and more people in the business people are using different kinds of technology as the aid in the firm. Most of the people wants to have the easier expense reporting process and it is the primarily purpose of the cloud technology. However, the cloud-based automated expense reporting solution offered by Certify can do much more than just give you global access to your data; it can improve your business in a myriad of ways.

By migrating your expense report process to a cloud-based system, you offer your business numerous opportunities to improve efficiency. Your business desperately needs easy-to-use expense management software that is accurate, travel policy compliant, is available everywhere, at any time. And yet, easy implementation, streamlined integration, robust security, and accessible back-up capabilities are also a necessity. Certify can do all of this for you with just a few easy-to-use programs and features. With Certify, you're getting more than automated expense reporting software you're getting a secure backup solution for all of your expense-related documents. Every month, Certify’s program creates an archive report that your accountants can download to the company network, backing up all expense reports and receipt images that have passed through Certify.

Of course, you need to keep all your records on file in the case of an audit. Certify's user-friendly software, combined with the availability of every relevant receipt, will make it easier than ever for your accountants to cross-check specific expenses and associated documents. The aforementioned monthly archive contains all processed expense reports and all image files related to your company, complete with approval information and comments, so you can trust that you'll have every piece of information you need. If you manage to lose or delete your copy of the archive, Certify’s still got you covered: Certify stores complete data files of every month and year for each individual client they service. If there's an expense that your employees have uploaded through Certify’s software, you can be sure that they have every piece of pertinent information related to the expense backed up to the cloud for as long as you work with them.

Spending Less For Your Business Travel

Speaking of travel the first thing in our mind is the places that you want to go but somehow you are not having a vacation but rather you are having your business trip. Traveling is fun but yet so tired in your part but it all pays for the place that you have seen since you are in business travel you are in the business meeting with other business people. Having in the business travel you might get excited yet nervous but still you have to try your best to make you comfortable with the other business people.

If you are on you business travel it is not all understandable that all the expenses that you have will be on the shoulder of your company but rather the company have their own policy and you must need to follow it so that your expenses will be reimbursed by the company. One way to keep company travel costs under control is by instituting a stricter policy concerning what your employees are allowed to spend. For example, if you only need to bring you travel costs down by a couple percentage points, but can't find anything to cut on, then limiting the amount your employees are allowed to spend on meals – even by a small amount could give you the breathing room you need.

I your business haven’t yet invested in automated expense report software, then that's a surefire way it could cut down on its travel expenses. These programs generate and publish expense reports automatically, ensure employees adhere to company spending policies, cut down on the data entry required by both accountants and traveling employees and much more.

When you invest in automated expense report technology, you're investing in a program that will benefit the entirety of your business. One of the ways it will do that is by giving you the tools needed to keep your travel expenses to an absolute minimum. So if your employees are still entering and analyzing their expense reports manually using spreadsheets, the solution to your problem is clear: new expense report hardware will cut down on your costs. Another way to keep your costs down during business trips is for your organization establishes partnerships with vendors whose services it uses often during those trips. If your business is constantly sending workers on the road, then see if any deals can be reached that will get you discounts – on rental cars, or hotel rooms, for example – because you're a "constant patron." This type of strategy can allow you to save major amounts of money on the amenities that add up during each business trip you finance. A few dollars off your rental cars might not seem like a big deal – until you see what the savings add up to over the course of a financial quarter.

Finally, it's always worth it to put the extra due diligence into determining whether each business trip you finance is truly necessary. With the advent of online videoconferencing and file sharing tools, not every task that used to require an in-person visit is still necessary.

Some of the Employee Expenses that are Deductable

Many employees today are using their own resources to provide certain miscellaneous items that help their employer's business run more efficiently. Unfortunately these expenses are not being reimbursed or employees are afraid to ask for reimbursement. The good news is that the IRS may allow you to get some tax relief in these circumstances. If you find that you are spending your own money at business related functions, home-work activities or multiple job sites, then you may be entitled to request a company reimbursement or claim a tax deduction for your un-reimbursed expenses. Here are some of the most common costs that employees may be able to deduct if not reimbursed. Business Miles: If you use your own vehicle for any business purposes, keep track of you mileage, you may be able to deduct them at 51 cents per mile (2011 figure). If you travel between job sites during the day, make bank deposits, deliver packages or materials or drive as an outside sales person, your miles can add up to a large tax savings. Travel Expenses: If you are required to travel overnight for any business related purpose without being reimbursed, your costs are deductible. Conferences, continuing education trips, off site training programs or whatever other business related trip costs are deductible. Make sure to keep receipts and a log book. Parking and Tolls: If you are paying tolls or even certain parking fees as part of your work, you may be able to deduct them. Daily commuting tolls are not deductible, but any other tolls are. If you work in a downtown area and your employer does not provide on-site parking, your parking fees for off-site parking may be deductible. Keep your receipts and let your tax adviser know. Uniforms: Uniforms are often overlooked. Whether it is nurse uniforms or steel-toed work boots, they are a job requirement. While some employers provide them, many others do not. If you find that you are purchasing clothing items that are used exclusively at your job and would not be used for everyday wear, they are probably deductible expenses. Association Dues: Any fees or dues that you pay as part of your work relationship, are deductible. If you pay for notary public, professional association, re-certification, licensing or union dues, you can take a deduction for these items as well. Meals and Entertainment: Many employees these days are being asked to work overtime, are "on call" or travel between job sites. If you incur meal costs during these special work events, keep receipts and take your deduction. If you entertain customers or clients during or after hours, your expenses are also deductible if they are not reimbursed.

The Base of Travel Expense

As business travel expenses nose upward, companies are realizing that better cost-management techniques can make a difference.US corporate travel expenses rocketed to more than $143 billion in 1994, according to American Express' most recent survey on business travel management. Private-sector employers spend an estimated $2,484 per employee on travel and entertainment, a 17 percent increase over the past four years.

Corporate travel expense programs, now the third-largest controllable expense behind sales and data-processing costs, are under new scrutiny. Corporations are realizing that even a savings of 1 percent or 2 percent can translate into millions of dollars added to their bottom line.

Savings of that order are sure to get management's attention, which is a requirement for this type of project. Involvement begins with understanding and evaluating the components of travel expense management in order to control and monitor it more effectively.

Hands-on management includes assigning responsibility for travel management, implementing a quality-measurement system for travel services used, and writing and distributing a formal travel policy. Only 64 percent of U.S. corporations have travel policies.

Even with senior management's support, the road to savings is rocky-only one in three companies has successfully instituted an internal program that will help cut travel expenses, and the myriad aspects of travel are so overwhelming, most companies don't know where to start. "The industry of travel is based on information.

Level up your Reporting Choose the Best One

Are tired in making all the mess that you have during your reporting day? I’m sure you did with all the stacks of papers that you have in your table throughout the day. Surprisingly maybe this is the time that you must need to try something new in the business that you have make every reporting easier and faster. We all know that keeping in the fast track with all the expenses that you have.

Making the business trip is one of the most exciting thing that the employee could ever experience in the world of business but somehow it takes a lot of effort for it for the benefit of the company but today a lot of technologies are circulating in web that makes a big lift up in the entire appearance of your business company. Software are one of the considered today as the aid of any business companies in making their online transactions possible and getting in touch with the clients that they have an urgent connection with the company for the different queries that they have. Choosing the best expense management software is the best way in making your business a new things that lifts up in the market of your company in the world of business. Most of the company today are making a big things in their company in making all the things in the different ways since every businesses in the market today are relying in the technology in making all their business works out in the market especially in the online world of business.