Young black businesswoman talking to a coworker, in an orange blouse

Top 10 best expense management software in the UK

In the UK, about a third (32%) of workers deal with work expenses. Among those who do, many are professionals and administrative staff.

Interestingly, even though expense management software exists, only 40% are using software to manage business expenses. Many are relying on old-school methods: 35% use basic spreadsheets and 10% still use pen and paper for expense management. [source]

In this digital age, using old-school methods for managing business expenses only means putting an additional burden on your head. Without any smart software handling your routine financial paperwork, you would only have mountains of receipts of coffee runs, travel through vouchers, invoices, bills, and purchase orders left at your desk.

Continue..

Illustration picture of a calculator, an orange notebook and glasses

Improving visibility and control of your company’s expenses

Marion Chevry

N2F latest news Comments Off

To remain competitive, a company needs to have a clear vision of its expenses and control them rigorously. But to be effective, you also need the right tools! You need to choose tools that will give you a global view of your flows and that will enable you to make strategic decisions for your company.

Continue..

The essential tools for a CFO 2.0

Marion Chevry

Travel expenses report Comments Off

Is your company going digital? With the company’s various departments progressively integrating new tools, the administrative and financial department’s shift to digitalized operations will be a key part of your development as a 2.0 company. It will ensure that your company is more responsive, productive, and profitable. However, there are many options on the market. Selecting the best software and applications for your department can be a real challenge. To help you make an informed decision, we have cherry-picked four high-performance tools to optimize the digitalization of your administrative and financial department.

Continue..

How to speed up the reimbursement of your employees’ expenses

Marion Chevry

Travel expenses report Comments Off

Poorly managed expense reports can quickly become cumbersome and time-consuming. How can you establish a clearer management policy that leads to faster reimbursement? Discover the tips to follow!

When employees incur personal expenses in the course of their work, they expect to be rapidly reimbursed. This is especially true if the amounts involved are significant. A business trip that includes several nights in a hotel, meals, and train or plane tickets can quickly strain their budget.

The company also has a vested interest in reimbursing expense reports as quickly as possible. If not, the motivation and trust of its teams will inevitably be affected. Significant delays could even lead to potentially serious litigation.

Discover our four tips to ensure that employee expense reports are reimbursed faster and without error. This will guarantee a climate of trust within your company.

Continue..

5 reasons to automate your expense report management

Marion Chevry

Travel expenses report accounting Comments Off

Expense reports are indispensable and practical documents for all companies. But when companies grow, the number of assignments increases and paper documents accumulate. Given the complex rules to be respected when validating expense reports, managing this process can quickly turn into a nightmare. But no need to panic! A solution exists: automation using management software. Easy to set up, it has several advantages for you and your company, including the following.

Continue..

SMEs: why should you adopt an expense report management application?

Marion Chevry

Travel expenses report Comments Off

When a company grows, the number of expense reports multiplies. Although VSEs can manage expense reports manually, once a company reaches the SME stage, it’s a different story! To improve their productivity, as well as their security, SMEs can really benefit from adopting an expense report management application.

Continue..

The 3 hidden costs of inefficient expense report management

Marion Chevry

Travel expenses report accounting Comments Off

The time employees spend filling out expense reports, manual entry errors, regular fraud… these are all hidden costs, and they can be high. But companies can rein in these costs with minimal effort. We focus on the hidden costs of inefficient expense report management and present solutions that can be implemented immediately.

Continue..

Archives :

Top 10 best expense management software in the UK

Improving visibility and control of your company’s expenses

The essential tools for a CFO 2.0

How to speed up the reimbursement of your employees’ expenses

5 reasons to automate your expense report management

SMEs: why should you adopt an expense report management application?

The 3 hidden costs of inefficient expense report management