To Any Business Concerned With Corporate Compliance Expenses Management - Expense Management Software Is Now Critical

Expense management software automates the entire expense reporting process from the creation, submission, approval, and auditing of travel & entertainment claims.

(prHWY.com) January 11, 2013 - PA, PA -- PA, Jan 11, 2013 - Expense management solutions from specialist providers are now a critical component of a corporate compliance program.
But what is corporate expense management software? Does your company need it? And where do you find a good corporate expense management software solution? Just as importantly, how do you successfully implement and integrate corporate expense management software into your business environment. This article sheds some light on these issues.
Expenses Management - Expense management software automates the entire expense reporting process from the creation, submission, approval, and auditing of travel & entertainment claims. Everything is managed electronically, reducing or eliminating errors and ensuring that company spending policies are adhered to. You can set up your corporate and personal credit cards within the system, as well as feed in travel itineraries, reducing the amount of time it takes to create expense reports.
Expense management software fully integrates with your financial and accounting software, again reducing the possibility of errors with rekeying information from approved expense reports.
There are different levels of expense reporting software, some even free, but usually do not offer the breadth of functionality you will find in a full expense management software solution.
Best-of-breed expense management solutions are typically deployed as a Software as a Service solution, which can be accessed through a web browser and an Internet connection. Although exceptions are common, small to medium enterprises tend to appreciate the lower up-front cost of a SaaS expense management solution. SaaS expense management solutions are typically paid for on a per user, per month basis, and are significantly less expensive than software implemented behind the corporate firewall.
The benefits of corporate expense management software are apparent as soon as the Finance Director considers the difficulties of controlling employee spending using a manual system of reimbursements which is largely based around a set of uncoordinated spreadsheets.
About the Author:

Expense Reimbursement - ExpenseWatch.com delivers spend management products & services for businesses that automate manual, time consuming paper-based processes for company purchases, payable invoices and expense reports, while enabling visibility and control of all company spending.
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ExpenseWatch.com
620 W. Germantown Pike
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Plymouth Meeting, PA 19462

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