Business expenses and expense reports have been around forever and therefore we have been struggling to get accurate reports forever. Expense reports are a necessary part of your budget and you are probably losing money by having a lose policy or leaving the reporting accuracy up to the chance that your employees are going to do a good job.
It’s not that your team isn’t full of quality employees, unless that is their sole purpose, expense reports are probably not in their job description. Hopefully, they are out doing such good work in their actual position that their expense reports only suffer because they are focused on making you money. No one enjoys being micro-managed but they always appreciate when you can make things easier for them. With an automated expense report system you will provide your employees the tools to create accurate and immediate reporting, as well as you having the ability to oversee their expenses immediately as well.
Easy Expensing For Employees
With automated and mobile expense reporting your employees can immediately put their receipts into the program as they are getting them. This means no more lost receipts and long explanations. One of the most common fears employees have is admitting that they lost something or didn’t do something like expensing to protocol. Having an easy and immediate system will allow your employees to feel confident in their expense reports because there is no waiting period of approval, you see them right away.
Each expense is put into the program and organized as you would like them and up to IRS standards. Meaning you are able to take more stress off of your employees shoulders by adding this convenient system to their arsenal of tricks.
Easy Expense Reporting For You
As the management or administration there are so many obstacles in getting expense reporting up to standards. Many companies have someone who is hire just to make sure this part goes correctly. Well save yourself the time and stress. The automated expense reporting systems are not just convenient and easy for the employees to use but they are packed with tools from an administrative stand-point.
When your employee uses the software to make an expense report you automatically can see and approve or deny the expense. This saves you time and money by getting the most accurate depiction of what everyone is spending and making sure it is work related. The software even allows you to appoint a manager within the program to be in charge of the expenses on a whole. For instance if a group is on a business related trip and you want the whole report together instead of a bunch of individual submissions you can appoint a person through the software to put all of that together for you.
You can forget the days of trying to track down receipts and reports from employees or keeping track of them yourself. Expense report software does all the hard stuff for you so you can focus on keeping your business successful.