Sunday, December 28, 2008

Getting Acquainted with Expense Management Software

Most of us now try to remember where we have spent the money and why the balance sheet of the organization is not balance? Now a days, businesses have changed a lot. Financial transactions take place at recurrent period and it may get harder for an accountant to maintain all the expenses. The difficulty does not stop there. The time and energy consumes by your accountant as far as the manual book keeping is concerned is really tough for him.

You might also see that in your daily activities you have to deal with different financial transactions. Money incurred on petrol, monthly expenses incurred on the maintenance of your office, supplies - all of these come under different expenses that may go unnoticed while maintaining records.

From the standpoint of your company, there’s a time that you should constantly update your fund recording techniques or beaten by your competitors with your own failure to manage your budgets precisely, accurately and timely. That is why it is necessary today that you acquaint your accountants and people of your organizations in making use of the internet in sending, receiving and processing transactions.

Expense management software is the answer for every problem that you are facing with regards to storing of expense records, extensive expense report preparations, imposing of travel policy and line item expense approval. It is a must in this current times. Surely, the technology if used properly and wisely can really make your life easy.

Saturday, December 20, 2008

Certify Featured in Procurement Insights

Certify.com, the leading expense management software provider in the world just got featured in "Procurement Insights" blog. The said article about the company indicated some facts about the profile and the great services the company provides to the world. According to the article, the expense management solution company that serve small to mid-size business can be included to the Fortune 500 World (ranking of the largest companies in the world). Features such as the automated policy enforcement, receipt uploading, support for 132 different currencies as well as seamless data integration with core ERP systems, being a “completely internet based” solution that is available on a Software as a Service (SaaS) are some of the topics touched by the said article and believed by the author to be one the reasons of the greatness of the services they provide.

Aside from this facts, I also found out that according to 2007 Aberdeen Report, 73% of Employer do not use a fully integrated company wide expense management solution and 68% consider the adoption of technology to automate the expense management process to be the top strategic action for improving expense management. This figures shows the future of the services of Certify provides to different companies and the author of the site is really convinced with how the power of simplicity of Certify made expense management so easy and convenient. Another thing that I found out is how it will be very costly for business to make their expense reports manually rather than do it automatically with the use of the online system like of those with Certify.

My suggestion is if you are not still convinced with the features they provide, you can always try the service for free. They offer a 30-day free trial, no obligation test drive of their system. You better try it now and improve how your organization manage your expenditures.

Tuesday, December 16, 2008

Expense Management Software Demo

Watch the following video demonstration of the expense management software from Certify.com. It demonstrates the different features of the software and how to operate it.



The video shows how conveniently you can manage the expenses, submit it to the system and prepare expense reports for future reimbursement application. It is just a click away and you are done. Visit their site, make use of this technology and feel the difference. I am planning to sign-up on it for a free 30-day trial so I could try it myself.

Wednesday, December 10, 2008

Importance of Expense Management

You have a lot of things to do and you want to ensure the ROI of your company so you keep on traveling to deal with different people. With this event, you always forgot to track all the receipts and spending you have done during this trips. Now, when the time you check on your financial status, you were not able to correctly determined how much you really gained because you neglected to show the expenses you have incurred during the operation of your companies specially your business trips. That is why you should have a way of efficiently tracking your expenses. Expense report can be a pain but if you have the right tool for the job, it will be very easy for you to do it in simple clicks and browse.

Expense management software can be very helpful for you and your company in conveniently providing a timely expense report every time you needed it. It gives you a secured way of storing and retrieving your transaction information without considering to buy highly sophisticated servers for the said system. It will not give you a headache in configuring since it provides a very user-friendly environment. Remember income can't be computed properly if expenses can't be monitored properly. Gaining can be realized if spending are identified timely and accurately. That is why expense management is really important.

Tuesday, December 2, 2008

Expense Tracking and Submission Methods

Snapshot of Certify.com, Travel and Expense Report Management Software - Corporate and PersonalTracking your expenses during business travel and official company trips will be very hard to handle specially if the schedules involve are so busy that they can't waste time for it. That is why the usual submission of this expenses happen after the business travels. Which delays the reporting and the processes in the accounting department. A tool that can help you with this kind of situation is really convenient. That's when Certify.Com can help you!

Certify.com offers expense management software to provide you with great help in handling your expense reports. It is a web-based tool that allows you to easily submit your receipts through any means possible such as via your cell phone, SMS text messaging, email, fax, scanning and uploading through the computer, and utilizing your web cam to capture the receipt image. This ensures fastest delivery of the report and real-time response from the accounting department. Cutting the time to spend with it thus allowing you to do your stuff more where you are doing your best. You can visit the site at http://www.certify.com for more information about this service that they can provide for you.

Thursday, November 20, 2008

What is Expense Management Software?

Have you heard about this, about the expense tracking tool called expense management software? There are cases that you wish to monitor the spending you are doing during business trips or official travel and since you're too busy with the current activities during this business related tasks, you were not able to track every single transactions you made. You even was not able to make a list of it so that you can reimburse it later or forward it to the accounting office. Through expense management software, it allows you to track these activities easily. You don't need a server to make use of its features, what you need is an internet connection plus the said software then you're ready to convenient go on with the hassle on expense tracking and reporting.

This expense management software have two types. One is personal expense report management software and the other one is corporate expense report management software. The Personal service allows you to quickly prepare a report then redirect it to your manager and reimburse your expense quickly. So in short this is intended for individuals who wish a fast and easy way of reporting and tracking his expense. On the other hand Corporate service allows employees of a company to do the same preparation of expense reports and redirecting them to their accountants without the complexity of the internal process of the organization. This simplifies the process on expenses and reimbursements.

Both of this type of expense management software only requires internet connection and allows you to easily submit or upload your receipts through common communication devices like PC, fax, email or even via cellphone.

This is what the technology brought us today, ease and convenience. Just how lucky we are that this technology is available right now, I wonder what previous expense tracking system was available in the past. :)

Monday, November 17, 2008

Welcome to Expense Manager's Blog!

Hi everyone! Welcome to my blog about expense management. The current economic status of the world right now when it comes to financial stature is really becoming shaky and unpredictable. Having an expense management systems to be formulated for yourself and business is really necessary in this very difficult times in the period of "mankind" :). This blog will discuss about different tips on how to properly control your "spending behavior" online and offline. Considering tools or software for tracking down your expenses can be a big help too to minimize or make sure of your spending or operating expenses. I will also feature this kind of tools for you so that you will have a great understanding about this technical aspect of expense management.

I will also discuss topics like expense tracking, recycling, opinions on economic problem issues and other related topics about the economy. Come back later and be informed by this tips and tricks on how to spend wisely with limited budgets and resource. I will try my best to give you the most recent and more effective way of dealing with different financial problems today. Again, welcome to Expense Manager's blog and have a nice day everyone!.