Your people can:
- Use their smartphone, Apple or Android, to capture receipts from anywhere, whether at home or on the road and upload them directly to their manager for approval.
- Eliminate the hassle of saving paper receipts.
- Reduce the time it takes to upload receipts, create expense reports and submit them for approval.
- Benefit from faster expense reimbursement.
Your approvers can:
- Stop relying on memory because automated workflow alerts them when new expense reports are ready to be reviewed and reminds them of monthly deadlines.
- Instantly check to determine whether an expense is business-related
- Approve payments from anywhere at any time to speed up the reimbursement process.
- Reduce errors associated with manual processes like mistyping data or sending reports with missing information to an approver.
- Have the financial data automatically entered into the correct GL code for payment on approval for the expenses.
- Prevent duplicate reimbursements and identify reimbursements that are not legitimately business-related
- Easily enforce policies regarding missing receipts, late submissions, mileage overstatements and credit card misuse.
- More efficiently keep track of what has been approved and paid
- Limit the possibility of fraud
Your finance and executive team can:
- Turn expense reporting information into searchable data for analysis and setting cost-saving guidelines.
- Monitor spending through monthly departmental reports so managers or an audit department can review exceptions to company policy..
- Respond efficiently to the increasing number of regulatory requirements regarding expense reimbursement.
Explore how Docuworx Workflow Automation solutions can support your organisation.
