Companies are legally obliged to post accounting entries. This provides the tax authorities with information about the company’s finances, but it is also a good performance and monitoring indicator for the company itself.
In this article, we give you three tips to help avoid surprises when entering your purchase invoices, sales invoices, bank statements, VAT declarations, tax notices or payroll journals!
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In companies, expense reports are still generally managed in Excel. But spreadsheets are not very intuitive tools and are not really intended for collaborative work. This often leads to delays, errors, and omissions. The solution? Move to paperless processes with powerful expense management software! We focus on five major advantages of the N2F solution for companies today.
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The real cost of managing expenses is often underestimated. Paper-based expense reports are still widely used by many companies. Processing errors can accumulate, not to mention the risk of losing receipts…
Poor expense management can cost companies thousands of euros per year! However, there are now simple and efficient solutions to optimize expense report management. The N2F expense report management application helps companies to significantly reduce the cost of processing employee expense reports. Find out how it works…
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Business growth, increased mobility, international markets, optimizing administrative processes… whatever your company’s needs, five functionalities, linked to flexibility, immediacy, and productivity, are essential when choosing an expense management application. To select the best solution, follow the guide!
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Controlling expenses is a crucial issue for companies, now more than ever. The Covid-19 crisis has put a strain on the financial stability of many businesses. The need to reorganize work and the various constraints linked to managing the crisis have generated unexpected additional expenses. The question is how to better control business expenses and how to save time on repetitive tasks. Here are four steps to take to effectively reduce costs and deal with temporary or permanent economic difficulties.
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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.
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To re-invoice professional expenses, it is essential to keep detailed accounting records to be able to track the professional expenses incurred, their amount, their nature, and the applicable VAT rate.
To help professionals in this task, the N2F expense report management application can be used to generate expense reports in order to avoid any errors or delays in managing the re-invoicing of professional expenses.
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A company’s expense report policy provides a framework for reimbursing professional expenses… as long as it is carefully controlled and monitored! What’s at stake: making processes more fluid, saving money, and guaranteeing employee satisfaction. How can you manage your expense reports as efficiently and as fast as possible? Discover these five tips for optimizing the implementation of your expense report policy!
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Is your business growing? Now is the time to think about digitizing your expense reports! Your workforce is growing, your employees are travelling more often, and business expenses are piling up. The result: your accounting department is overwhelmed by the enormity of the task and your employees’ productivity is marred by the repeated and time-consuming chore of preparing expense reports. To streamline the validation process, help teams increase their efficiency, and improve overall satisfaction within the company by reducing the grind of expense report management, switch to a digital solution! To choose the solution that best suits your needs, take it one step at a time–from preparing your technical specifications to launching your request for proposal, N2F will accompany you in your transition to digitized expense reports.
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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.
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