This way, when they forget to attach a receipt or if the data entered manually doesn't add up, they will be instantly notified and able to make changes without delaying the process. Notifications help positively influence user behaviour and keep track of possibly suspicious activities. They also cut down on the time it takes for most expenses to be processed, leading to happier employees and cleaner books. With a mobile expense tracking app, you can enforce your corporate expense policies by automating approval processes and providing employees with helpful notifications.Īutomated approvals allow you to cut down on the time spent by approvers verifying claims, allowing them to focus on non-compliant or out of the ordinary items. All the data your employees and financial controllers need is safe, backed up on the cloud. And with the help of OCR, receipt data is extracted behind the scenes making expense submission a breeze. And there is nothing worse for a hard working employee than to travel at some risk to themselves only to realise the money they spent out of pocket may not be recovered due to a misplaced receipt.Ī mobile expense management app allows them to scan receipts in real time, thus avoiding data loss of any kind. As such, the risk of damaging or losing receipts is increased during business trips. Traveling for work, even if it's by car just across the border, can be overwhelming at any time for employees, more so now with the different restrictions in place. Replacing paper-based expense submission with a mobile, digital solution is an efficient way of making your employees' lives (and your own!) more hassle-free. If they weren't already, flexibility and workforce mobility have certainly proven to be essential in ensuring business resilience. When all you need is an internet connection, this removes barriers to fulfilling tedious but necessary tasks such as expense submission. Access anywhere, anytimeĪ mobile expense tracking app combined with a cloud-based database means that employees can submit, approve and access expense reports at any time, from anywhere. Mobile expense management turns the time consuming task of submitting expenses into a job done quickly in a few taps while preparing a coffee. This helps eliminate the risk of error and allows them to focus on the more important tasks at hand, rather than trying to remember which client they had lunch with three weeks ago. The ability to submit expenses on the go allows your employee to do so immediately following a drive or meeting rather than waiting to get back to the office. And these things are what you want them spending their precious time and energy one, not manual tasks with little added value such as expense submission. Paperwork in every form is a drag, even more so for employees focused on preparing a presentation for an important meeting or analysing the outcome of said meeting. Below are some of the most notable benefits you will experience with the use of a mobile expense management app. Using a mobile expense app will positively impact the way you manage employee expenses as well as your bottom line. If your business hinges on frequent employee travel or if your employees submit a lot of expenses, you need a mobile expense tracking app in your arsenal.Ĭombining cloud technology and ever-improving smartphone apps, software companies are able to unlock considerable benefits for you and your employees. Automation and cloud technology are changing the way companies do business, this year more than ever.
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