Companies that rely on travelling employees to help their profits will need to make certain that they pay careful attention to the expenses accrued during any business trip. Managing expense reports has always been a challenge for businesses, and today it’s very common to use expense reporting programs to help streamline the process and provide better results. Modern web based expense reporting allows for improved functionality thanks to the numerous features available through it.
If you’re considering investing in an expense reporting software solution, it’s important to make sure that you look into what web based expense reporting can offer. Here are some of the primary features offered by a good program.
- Mobile Access – Web based expense reporting is already able to provide much better access to the system, but going even further by offering mobile access adds additional connectivity. With more employees than ever before relying on their mobile devices for work, this makes a big difference in their on-the-go performance.
- Receipt Imaging – This feature allows employees to photograph their receipts and upload them straight into the system, thus eliminating the need to keep track of paper receipts. This improves productivity, reduces errors, and helps your team get more done on the go.
- Credit Card Integration – Syncing your credit card account with the web based expense software allows you to streamline the system completely and eliminate extra steps in the process. It’s an overlooked feature, but one that can make a big difference.
- Auto Conversions – For businesses that operate over their country’s borders, it’s important to be able to account for sales tax, fees, and currency conversions. The best web based expense reporting programs will allow you to automatically convert currency and manage taxes and other similar issues.
- Data Reports – Data reports make it easy to track spending and determine what areas can be improved on. They’re a vital part of any good expense program.
It’s important to get the best value for your money, and the right online expense program will offer all of the features above and then some. By using a good online system to automate your expense reporting and streamline how you operate, it’s possible to get better results from your efforts and oversee your expenses without too much effort. This lets you focus on other areas of your business without worrying that your expenses are dragging you down.