They say a penny saved is a penny earned. In business, whether you’re an international corporation or a nippy start up, keeping an eye on your expenses is important.
Here’s a run down of the best articles on expense management from around the web:
For most businesses, the five greatest expenses are: Staff, physical location, capital equipment, development costs, and Cost of Goods Sold (aka: Inventory).
Here is a quick list of 23 tips to control these expenses so that you can enhance your profitability.
In a small business setting, overhead costs are simply expenses a business has to incur to make money. These costs include, but aren’t limited to: cost of supplies, wages, rent, telephone bills, travel expenses, insurance costs, etc.
Leveraging the power of natural language processing and machine learning is the trend in automating the expense reporting process. The concept is to create expense reports by understanding employee spending based on synchronized calendars, itineraries, and credit card transactions.
The first our four-part guide focuses on HR and purchasing automation. Simplify approval and improve audit trails by embracing the power of the cloud.
Time off requests, purchase orders, expenses management: they’re all a massive time-suck.