How do you feel after a business trip? Tired? Drained? Ready for a vacation? If you’re anything like the rest of us, the answer is probably all of the above. But you can’t relax just yet – you need to fill out and submit an expense report.
A survey conducted by Levvel Research revealed that 80 percent of all companies use manual processes to manage their accounts payable systems. These processes often require two or more approvers; sometimes as many as six. With so many variables to keep track of, manual systems are prone to inefficiency, fraudulent activity, human error, overpayment, lost or duplicate reports and more. It’s no wonder that people sometimes don’t bother to claim expenses. The process is just too much trouble.
Until now, when you can fill out, submit, and approve an expense report with just one click.
ExpenseAnywhere is a cloud-based and mobile solution that uses OCR technology, machine learning, and artificial intelligence to automate the entire travel and expense management process from start to finish with just one click. The One Click Expense Reporting feature automatically matches card charges to receipts and builds the expense report for you. All you need to do is hit “Submit.”
And that’s not all. The OCR technology will also read the receipts and flag anything that violates company policy. It will also match corporate card transactions to receipts – all with just one click. Plus the numbers speak for themselves. Corporate spend management automation:
- Reduces processing costs by 70 percent
- Improves on-time payments by 75 percent
- Reduces process cycle times by 80 percent
Give yourself an early Christmas present and schedule a demo today, or call us at 412-858-1111. You deserve to experience excellence.