Traveling is often a necessity, within today’s workforce, and keeping up with employee expenses can prove to be a valuable commodity. Many businesses have limited resources, which often allows employee fraud to slip through the cracks. Free expense reporting can help ease monetary burdens, as well as reduce employee fraud.
Features That All Free Expense Reporting Software Should Have
One of the most important features that free expense reporting software should possess is multi-device access. Employees should be able to access their expense reports from virtually anywhere, with any device. This will ensure that even when your employees are in the most desolate of locations, their traveling expenses will be recorded correctly.
The easier that you make it on your employees, the more likely they are to comply with company policies. Multi-device access provides convenience, for all parties involved, and it will allow fewer human errors to occur as well. Employees that can use devices that they are more familiar with to file expense reports, are less likely to make a mistake.
Free expense reporting software should also eliminate the costly process of reimbursing employees. Approving expenses, and reimbursing them immediately, allows employees to keep their hard earned money, and it reduces the financial burden of the reimbursement process. It can often take weeks for employees to get reimbursed for travel expenses, but proven software, can provide you with a tool to make this hardship obsolete.
Receipt imaging reduces the amount of paperwork that an employee must keep up with. It also allows your business to obtain valuable receipts, before they become lost. Discrepancies in expense reports are often found due to a lack of sufficient documentation. With receipt imaging, within your free expense reporting software, employees can quickly and easily upload receipts to the expense report. The need for hard copies of the receipts are no longer required, and your business will prosper.
Free Software Should Not Skimp On Security And Compliance
Just because your software is free, that does not mean that you should have to skimp on security. You have worked hard to make your business what it is today, so making sure that you are protected should always be a top priority. All free expense reporting, as well as paid reporting, should have all proper safety measures in place. Keeping your information safe, complying with regulations, and giving you free support should be at the top of all expense reporting software, regardless of the cost.