There are plenty of different reasons to consider investing in a good mobile expense report app, but it really boils down to the fact that using one can help reduce your overall costs, improve your bottom line, and reduce the chance of errors. All of those things mean that your company’s profit margin will likely increase while you and your team have to spend less time focusing on managing the information associated with the expense reports your employees incur while on the road.
Today, a good expense report app lets your team handle expense reports from their smart phone or tablet instead of their computer. It links into the online server and provides serious results, but it’s also something that is well worth choosing carefully. There are several features that help a great app stand out from a good one, so keeping those things in mind is important.
With that in mind, here are the top 3 features you should look for.
- Receipt Imaging – This is one of the single most important features to look for. Receipt imaging allows your employees to photograph receipts of their expenses and upload them directly to the system. This eliminates a lot of hassle by getting rid of the need to keep up with paper receipts, and also helps reduce errors and cut down on fraud significantly. Don’t settle for an expense report app that doesn’t have this feature.
- Credit Card Integration – This is a feature that is often overlooked, but that really has big influences on your company’s handling of expense reports. By linking up accounts, you eliminate a big step in the process and help ensure that all of the transactions are reported and applied to one another accurately. It’s well worth finding an app with this feature included.
- Currency Conversion – This is another one that isn’t thought of regularly, but that has big benefits. If your team travels to other countries, there are additional considerations you have to handle. Things like tax rates or laws, compliance regulations, and basic currency conversions all come into play here. With a good app, you’ll have those things handled for you automatically.
These are just three features that help a mobile expense app stand out as being worth your time and money. If you’re looking for a mobile app that matters, take a closer look at what each of them offers to you and be sure you find one with the features above. You’ll be glad you did.