Expense Report Simplification
Business travel is finally recovering, but with important developments. First of all, the review of employees’ working methods, but above all the use of new tools, simplification, digitalization, automation, without neglecting an issue particularly dear to companies: the reduction of company costs.
In particular, the expense report filled out by employees after a trip to request reimbursement of expenses incurred and advanced on behalf of the company is one of the items that risks generating significant costs in terms of administrative management.
A PROCESS THAT IS STILL TOO MANUAL
The expense report management process still involves many manual steps that can create numerous critical issues and hidden costs both on the employee side and the company administration side.
Let's talk about the time spent creating Excel spreadsheets or monthly reports and organizing paper receipts for storage and delivery throughout the company. Think of the time it takes to manage cash advances with reimbursement on pay stubs and expense tracking with receipts and paper vouchers in addition to bank reconciliations.
Digitizing the expense reporting process, which is still too manual in many stages, can benefit both companies and employees.
SIMPLIFY AND DIGITIZE MANAGEMENT EXPENSE REPORTING
To address hidden costs and critical issues, EcosAgile offers Expense, an integrated system for the digital management of payments and expenses for business travel: a prepaid Visa card for employees, an app that provides an intuitive way to track expenses and upload photos of receipts, an administrative management with all real-time payments incurred by traveling employees, with detailed expense reports and with backup document retention.
EcosAgile Expense is a complete and efficient system that guarantees the company and the employee savings in time, costs and energy:
- digitalization of the entire process: the prepaid card transaction is immediately sent to the app with the pre-compilation of the expense; the employee only has to upload the photo of the receipt and submit the expense, which is received in real time from the company’s administration office with all the attachments
- elimination of reimbursements and cash advances
- automatic reconciliation of payments and administrative expenses
- no hidden costs: neither for recharges nor for national transactions
- personalized management of usage policies, limits and budget
- reporting and Business intelligence available on APP and management system
- export to management and business systems
- substitute storage of expense receipts
- prepaid card for fuel corporate purchases, employee expense reports, transfers.
For more information:
- EcosAgile Expense
- Contact us by email marketing@ecosagile.com