Certified Public Accounts or CPA’s have a huge need for Expense Management Software to help with tracking, reporting, and approving expenses. Also of prime consideration is expense categories, employee reimbursement, and integrating various software packages including bill.com, QuickBooks, Intacct, etc.
There are a number of small and large Expense Management software suites available to individuals and companies that will modernize the workflow, and allow for automated tasks such as importing credit card transactions, recording, archiving and submitting receipts for reimbursement while on the road with mobile expense apps.
- Expense Management
- Software and accounting workflow systems used by business and corporations to gather, process, pay, create reports and audit employee expenses. Expenses can include airfare, travel, dining, entertainment, gifts, office, postage, services, etc. Expense Management will determine the policies, procedures and workflow to control such disbursement. It will also determine the technologies and services used to gather, process, report and analyze the data associated with it.
Efficient gathering and process of expense receipts can save companies money. The old methods of getting a receipt, folding it and placing it in your wallet for later processing is fraught with possible problems. Receipts are easy to lose, and if they were created using a thermal printer it is extremely easy for them to be become difficult or impossible to read. Instead, try using a modern mobile app to photograph the receipt, archive it and automatically categorize and submit it for reimbursement.