How Can Expense Management Software Improve a Company’s Operations?

Expense management software can help a company streamline its accounting and reporting procedures. An efficient program can simplify everything from checking compliance with national and state tax regulations to reconciling personal and corporate expenses. Expense management software makes it easier to enter and organize data, plan travel and find information about how to avoid errors and setbacks. Think of expense … Read More

Unicorns in the Land of G2 Crowd

To most people, unicorns are mythical one-horned creatures. They’re stuff-of-dreams, which is why Cowboy Ventures founder Aileen Lee used the term “unicorn” in a 2013 TechCrunch blog post to describe companies valued at $1 billion or more by venture capital firms. They used to be rarities, but now there are more than 170 on the Forbes list of unicorns. We took … Read More

How Expense Management Software Benefits a Small Business

Traditionally, businesses handle employee expenses by having them send receipts and mileage information to an individual within their company, who then adds the information to a spreadsheet and approves or denies expenses. Unfortunately, this system is tedious at best, and can result in the inadvertent wasting of company resources at worst. Expense management software is an alternative that’s easy-to-use, secure … Read More

What Is Expense Management Software?

Every business, regardless of type, is likely at some point to reimburse its employees for travel or entertainment out-of-pocket expenses. An in-place expense management system is a crucial component to generating smooth reimbursement operations. This system should not only create an easy submission and compensation process, but it will also provide an audit trail that keeps the business in compliance … Read More

The Top 10 Business Resolutions and the Tools You Need for Each

Looking to become a newer, better you this year? Join the club. According to the University of Scranton, 45 percent of Americans make New Year’s resolutions regularly, with another 17 percent doing it occasionally.  That’s a lot of promises to go for a 6 a.m. run, give up cupcakes or finally learn Italian. Plenty of businesses spend January thinking about … Read More

G2 Crowd Best of 2015 User’s Choice Lists

Update: We have released a new version of this list. Check out the software products recognized in our ‘Best Software | 2017‘ lists. Now that 2015 is in the books, let’s look back at the products that achieved “best of” status this past year. How did we build these lists? We dug into our more than 50,000 reviews data set … Read More

why expense management blog

Why Your Company Needs Expense Management Software

  Business professionals often question, “Why should my company implement an expense management solution when my accounting team can perform the same tasks?” the simple answer: you’re losing money If your company does not currently utilize an expense management tool, then you’re spending 2.5 times more than you need to – per expense report! Your company could be saving thousands of … Read More