On average, a Business spends approximately 7-10% annually on travel & other business expense.
If you’re not slapping your head yet — or if documented savings reports aren’t convincing enough — consider the bottom line benefits that automation technology can provide.
With automated expense management, you can increase compliance by 10 % and cut down on processing time by 30 %. For instance, managers can easily approve bills, pull out reliable reports and analyze data, on the other side employees can submit expense bills in less than 10 seconds via mobile app.
So as you consider your options for expense management systems, consider PeopleStrong Alt, our expense management software that’s provide organizations a modern and improved solution with best-in-class functionality that helps in capturing, monitoring, and controlling employee expenditure more smartly, quickly and with better accuracy. The simple, user-friendly interface is capable of managing end-to-end applying, approving, processing and monitoring all business related expenses. Know more!!