When it comes to small and medium-sized businesses, growth is the goal. However, growth can also lead to new challenges. Taking the business to the next level can bring new complications, new costs, and new risks. To help overcome the unknown,...
If your company is facing issues with expense, travel, and invoice management, you’re not alone. A commissioned study conducted by Forrester Consulting on behalf of SAP Concur, found that 60% of companies face issues with manual processes and...
Travel and expense fraud isn’t a finance problem. It’s a human problem. When employees book their own travel and then report their expenses, it can be easy to accidentally or purposely fall outside of the corporate travel policy. Meanwhile, a...
No one goes to work excited to file a claim for travel expenses. Nobody was ever hired because they’re a superstar at entering receipts. And no major business trip was made better because a supervisor spent a day at the end of it approving expense...
Setting clear guidelines is important in every aspect of business, particularly with your most valued audience – your employees. Managing expense and travel is no exception. And, with an average of 10% of a company's business budget devoted to...
A growing business has many moving parts. When everyone on the team has more than one job to do and only a select few team members have access to corporate credit cards, it can be tempting to forego standardizing an expense policy. No matter your...
The pace of business is not just moving quickly, it’s moving at lightning speed. When competing against the giants of the industry, small businesses often feel the need to work twice as hard just to keep up. But where SMBs lack in size, they make...
Are employee expenses causing confusion (and chaos) in your small business? Is your finance team or bookkeeper spending way too much time reviewing and reconciling expense reports? If you answered yes to either of these questions, then it is more...
Digital tools have transformed the way companies capture employee travel and business expenses. Employees are booking travel and making business purchases on mobile devices and in many different locations, meaning the cloud is quickly becoming the...