Top 10 reasons to automate expense management process

Size: px
Start display at page:

Download "Top 10 reasons to automate expense management process"

Transcription

1 Top 10 reasons to automate expense management process Switching from spreadsheet to an automated solution Though many leading enterprises have moved to automate their expense management, there are still corporations that continue to manage their expense claims either via a paper, a spreadsheetbased system, an outdated and costly legacy system or one developed in-house. Many of these businesses often feel trapped into continuing to use their current system because they are worried about the cost to change; whether this is the cost of new software, the cost of the implementation project, or the cost of deploying resources to manage the project. However, when between 7% to 10% 1 of an average company s budget relates to travel and entertainment expenses, badly managed expense management processes can impact on the enterprise s financial performance. Here are top 10 reasons why using automation can improve expense management process. Drive Cost Efficiency Worry about the cost to change; whether this is the cost of the new software or implementation project, or the cost of using already stretched internal resources to manage the project is only natural. With online expenses however, the pricing model is based on usage and not a one-off big upfront investment, implementation can be done quickly and simply through an online wizard with some phone support from the providers as needed, so time to implement is quick and will not put a huge burden on your IT or Operations team. This coupled with the ability to link your expenses tool to your credit card and import data automatically into your expenses means that most of the data is prepopulated in the claim. This helps to reduce the cost of processing expense claims by as much as 78% 1 per transaction. It also means that the data created is all in one place and easy to report on giving insight on where you are spending money and enabling you to negotiate discounts with regular suppliers.

2 An integrated travel and expense management solution removes the need to manually enter expense claim data decreasing the risk of human errors and fraud. Ensure Internal and Regulatory Compliance Compliance is often high on the agenda for many companies - after all, the risks of non-compliance could result in fines and damage to both your bottom line and your reputation. Being aware of new regulations and managing all the related changes can be costly and time-consuming. When your business operates in multiple countries, the challenge becomes even bigger and complicated. Automated expense management systems virtually eliminate the risks around regulatory compliance. They can apply complex tax rules and provide built-in auditing capabilities and go even further by capturing the data required for reporting on expense spend for corporation and income tax purposes. Compliance with internal policy can be increased by as much as 37% 1 by implementing policy into the system, for example, if hotel overnight threshold is set at US$200, the tool can automatically alert the employee, the approving manager and the finance team if the claim is over this amount. Increase Visibility into Spending Making intelligent business decisions without the relevant data is difficult. Having travel and expense information centralized makes it simpler to report on a multitude of performance indicators. This insight is critical in the on-going refinement of the travel and expense policies, as well as in identifying areas where better deals could be negotiated with suppliers, where the business may be a victim of fraud, or where it could be breaching statutory compliance. It also helps to identify spending trends by mode of transport, by client, by country or by employee, which could help when managing spend going forwards. Minimize Fraud Accuracy of data is the key to an efficient system. An integrated travel and expense solution almost completely removes the need to manually enter expense claim data decreasing the risk of fraud. Automated solutions ensure that fair and consistent rules can be applied across the company, ensuring that employees do not have the opportunity to enter incorrect and out of policy claims. Furthermore, using an end to end solution to imports feeds from travel suppliers and from corporate card providers means that data is automatically prepopulated into the expense claim thus reducing the chance of human errors.

3 An automated travel and expense solution can help reduce expense processing cost by 51% and the time to complete a single expense report by 41%, while increasing policy compliance by 37% 3. Integrate Travel into your Expense Companies which manage their travel booking through to claiming their expenses together in the same platform find the whole process easier and it drives even more efficiencies. Using an end-to-end solution, travel booking details can be prepopulated in the expense claim. Of course, travel can be booked with all your usual suppliers airlines, hotels or car rental companies and by booking through the online platform and not on the phone with your travel agency, you ll find the cost they charge is as much as 79% less per transaction 2. By holding all data on travel and expense in one place, it will save lots of time for your finance team or auditors to check the data against company policy and the latest regulations. Stay Flexible and Scalable with Cloud-based Solutions SaaS or Cloud-based solutions are easy to manage and low risk. With this type of solution, there are minimal implementation project costs and these can be recovered quickly through the savings made by having more visibility and greater control over the travel and expense spend. In addition, using a Cloud-based solution means that there is little or no additional infrastructure to implement. The provider manages system maintenance, functionality upgrades and updates from changes to regulations, thus removing the risk from the customer. Nowadays, business moves quickly, companies buy other companies, merge, expand into new regions or territories, or bring in new employees. Legacy systems may not be flexible enough to follow any rapid changes and it may mean additional licenses or further infrastructure investment. Cloud-based solutions are immediately scalable to support business growth. New employees are easy to add (no additional new user licenses), and the solution can be rolled out to any countries as and when required, supporting external regulations, local currencies, VAT and per diem rates. They are also flexible when it comes to interfacing with other solutions such as accounts payable and payroll. Many companies use ERP (Enterprise Resource Planning) systems to manage many of their business processes. As many ERP systems integrate with other solution providers so do the automated travel and expense management solutions. Support Business Strategy Managing travel and expense processes using an automated solution is a strategic decision for most corporations. The advantage of using a Cloud-based solution is that it is not essential to predict the future direction the business will take because these solutions are easy to scale both up and down. New features, changes to the regulatory environment or even business expansion to other regions can all be managed quickly and easily as they arise.

4 The increased insight provided means that companies can forecast financial performance, better manage the organization s cash flow, negotiate better deals with suppliers and also start to eliminate fees from late credit card payments. 8) Managing Risk Effectively Managing and mitigating the risk of keeping the business process up to date and fit for purpose can be challenging, when using a Cloud-based solution the risk is with the provider rather than the customer. Companies need to manage the risk of regulatory compliance. Using a solution that provides accurate data, that allows the business to integrate company policy, and which gives the business insight by enabling them to report quickly and easily on the travel and expense data; is absolutely critical to mitigating the risk of operating outside of regulatory frameworks. When managing travel booking and expenses, there is the risk from cash flow problems, the risk from not knowing what is being spent or who is being entertained, or the risk from reporting inaccurate data on expenses for corporation and income tax purposes. By giving employees the ability to book travel and manage their expenses from a single platform, it gives companies greater control, and this helps manage the risk. Reinforce Company Policy to Manage Behavior As your company grows, each new employee comes with expectations and habits when it comes to booking travel and claiming expenses. What may have been acceptable in their previous company may not be acceptable for your company and with more people in the team, you could easily lose the overview. For enterprises, the challenge when implementing an expense process, whether manual or automated, is addressing this existing culture within the company. Core here is written policies to manage travel and expenses, however, they are only good if they are integrated into the solution. Integration allows companies to enforce their policy automatically across the board, so that any out of policy spending is flagged for further investigation. Besides, as expenses can be approved and paid quicker through the improved workflow of automating employees are paid back promptly. Therefore, employees are less likely to feel aggrieved at being out of pocket. Expense on the Move Mobile applications extend travel and expense solutions to your smart phone or mobile device. This enables employees to create and submit expenses quickly and easily while they are on the road including photographing receipts and attaching them to the claim. Time that was once spent doing expenses back in the office becomes a thing of the past. Mobile applications also give managers the ability to approve claims from their smartphones so claims can be approved on the move, making the company more efficient as people are doing business not expenses.

5 Whether looking for cost savings, time saving or compliance risk reduction, an integrated Cloud-based travel and expense solutions can help. Companies that have deployed a mobile app to manage expenses have generally seen a 40% drop in the cost of processing a single expense report and a 10% higher rate in compliance with company policy. In Conclusion Whether you are looking for cost savings, time saving or compliance risk reduction, an integrated Cloud-based travel and expense solutions can help. Cost savings can be achieved through supplier negotiations based on real data from the solution. Time savings for employees, approvers and fi nance are achieved through improved workfl ow and prepopulated claims. Compliance risk is reduced through ensuring correct classifi cation of expenses along with the submission of appropriate receipts, as well as the ability to report on expenses easily to auditors or other relevant parties. A Cloud-based solution is scalable, fl exible and easy to implement; meaning there are no big projects or investments to get going, and no risk of having to get a new solution as your business grows and changes. If you would like to know more about how you could benefi t or how other successful companies are leveraging the automated solution to streamline their T&E workfl ow, gain control over spend and improve company s bottom line, please contact us on (HK) / (SG) or visit our website: or 1. Aberdeen Group (2011) Expense Management: For a New Decade 2. Aberdeen Group (2008) Managing the T&E Lifecycles: Integrating Processes, Driving Performance 3. Aberdeen Group (2010) State of T&E Expense Management About Concur Concur is a leading provider of integrated travel and expense management solutions. Concur s adaptable cloud-based and mobile solution help companies and their employees control costs and save time. Concur s services are trusted by over 15,000 companies located in more than 100 countries worldwide. Concur is publicly traded on the NASDAQ stock exchange under the ticker CNQR. Learn more at and Concur, all rights reserved. Concur is a registered trademark of Concur Technologies. All other company and product names are the property of their respective manufacturers. Specifi cations and other details listed are accurate as of printing, but may change without notice. WP 10 REASONS ASIA 2012/09

SOLUTIONS FOR HEALTHCARE. Top 10 reasons businesses automate their expenses

SOLUTIONS FOR HEALTHCARE. Top 10 reasons businesses automate their expenses SOLUTIONS FOR HEALTHCARE Top 10 reasons businesses automate their expenses Top 10 reasons businesses automate their expenses Spreadsheets can help you organise and manage everything from budgets and client

More information

Top 5 Myths about Expense Management. Are misconceptions slowing down your business? Discover how automation can help.

Top 5 Myths about Expense Management. Are misconceptions slowing down your business? Discover how automation can help. Top 5 Myths about Expense Management Are misconceptions slowing down your business? Discover how automation can help. Top 5 Myths about Expense Management Are misconceptions slowing down your business?

More information

Brazil T&E Management

Brazil T&E Management Brazil T&E Management Optimizing Travel-Expense Management in the Brazilian Corporate Environment Executive Summary The Brazilian market is becoming increasingly global as Brazilian companies begin to

More information

Annual Expense Management Outlook. T&E Trends and Benchmarks for 2015

Annual Expense Management Outlook. T&E Trends and Benchmarks for 2015 2015 Annual Expense Management Outlook T&E Trends and Benchmarks for 2015 Contents 3 Executive Summary 4 The Manual Expense Process 5 The Benefits of Web-Based Systems 7 Case Study: Superior Energy Services

More information

A Guide to Effective Expense Management Strategies for

A Guide to Effective Expense Management Strategies for A Guide to Effective Expense Management Strategies for 2015 LIVE WEBINAR WEDNESDAY, MARCH 25, 2015 Hosted by CFO.com Presented by Certify Learning Objectives After attending this event you will be able

More information

Our solutions. Payment & Expense Management

Our solutions. Payment & Expense Management Our solutions & & Introduction Take your travel program to the next level Connecting and integrating your payment and expense systems can save you time, money and frustration. It minimizes human error,

More information

Automated Travel and Entertainment (T&E) Expense Management

Automated Travel and Entertainment (T&E) Expense Management White Paper Automated Travel and Entertainment (T&E) Expense Management File & Approve Expense Reports faster. Increase ROI Version 1.1 Last Updated: 20-09-2010 www.sutisoft.com 1 2 3 4 5 6 7 8 10 11 Abstract

More information

SAP Travel OnDemand Solution An Easier Way to Travel

SAP Travel OnDemand Solution An Easier Way to Travel SAP Brief SAP Travel OnDemand Objectives SAP Travel OnDemand An Easier Way to Travel Focus on your business while controlling travel costs Focus on your business while controlling travel costs With the

More information

Turn Your Business Vision into Reality with Microsoft Dynamics GP

Turn Your Business Vision into Reality with Microsoft Dynamics GP Turn Your Business Vision into Reality with Microsoft Dynamics GP You have worked hard to build a vision for your business. With Microsoft Dynamics GP, you can turn that vision into reality with a solution

More information

SAP Solution Overview: SAP Cloud for Travel and Expense An Easier Way to Travel

SAP Solution Overview: SAP Cloud for Travel and Expense An Easier Way to Travel : An Easier Way to Travel Table of Contents Overview...1 Solutions... 2 Benefits... 8 Quick Facts... 11 1 Overview: Focus on your business while controlling travel costs. With the increasing cost of business

More information

Turn Your Business Vision into Reality with Microsoft Dynamics GP

Turn Your Business Vision into Reality with Microsoft Dynamics GP Turn Your Business Vision into Reality with Microsoft Dynamics GP You have worked hard to build a vision for your business. With a business solution from Microsoft, you can turn that vision into reality.

More information

T&E Expense Management: The Case for Mandating Your Card Program. August 19, 2009

T&E Expense Management: The Case for Mandating Your Card Program. August 19, 2009 CORPORATE PAYMENT SYSTEMS T&E Expense Management: The Case for Mandating Your Card Program August 19, 2009 Introduction The challenges and opportunities for organizations of all sizes have changed dramatically

More information

Automated Travel and Entertainment (T&E) Expense Management

Automated Travel and Entertainment (T&E) Expense Management White Paper Automated Travel and Entertainment (T&E) Expense Management File & Approve Expense Reports faster. Increase ROI Version 1.0 Last Updated: 04-06-2010 www.sutisoft.com 1 2 3 4 6 7 Introduction

More information

4. Improvements in travel and expense management can bring considerable cost savings, while increasing policy compliance and reducing fraud.

4. Improvements in travel and expense management can bring considerable cost savings, while increasing policy compliance and reducing fraud. 4. Improvements in travel and expense management can bring considerable cost savings, while increasing policy compliance and reducing fraud. T&E management is a major focus area for companies, especially

More information

Turn Your Business Vision into Reality with Microsoft Dynamics GP

Turn Your Business Vision into Reality with Microsoft Dynamics GP Turn Your Business Vision into Reality with Microsoft Dynamics GP You have worked hard to build a vision for your business. With a business solution from Microsoft, you can turn that vision into reality.

More information

Turn Your Business Vision into Reality with Microsoft Dynamics GP

Turn Your Business Vision into Reality with Microsoft Dynamics GP Turn Your Business Vision into Reality with Microsoft Dynamics GP You have worked hard to build a vision for your business. With a business solution from Microsoft, you can turn that vision into reality.

More information

PEOPLESOFT EXPENSES & MOBILE EXPENSES

PEOPLESOFT EXPENSES & MOBILE EXPENSES PEOPLESOFT EXPENSES & MOBILE EXPENSES Oracle s PeopleSoft Expenses is a comprehensive travel expense solution, which streamlines and automates travel spend KEY FEATURES Best practices in expense Mobile

More information

Sage ERP The top five reasons to deploy your ERP Solution in the cloud

Sage ERP The top five reasons to deploy your ERP Solution in the cloud Sage ERP The top five reasons to deploy your ERP Solution in the cloud 1 Table of contents Executive summary 3 Are you outgrowing your business solution? 3 SMBs want ERP 3 Budget and IT resource constraints

More information

White Paper Integrating Accenture Duck Creek with ECM. Reducing Complexity for the Commercial Insurance Carrier

White Paper Integrating Accenture Duck Creek with ECM. Reducing Complexity for the Commercial Insurance Carrier White Paper Integrating Accenture Duck Creek with ECM Reducing Complexity for the Commercial Insurance Carrier Commercial property and casualty carriers face complexities that have historically challenged

More information

ONESOURCE INDIRECT TAX

ONESOURCE INDIRECT TAX THE ADVANTAGES OF AUTOMATING VAT DETERMINATION & COMPLIANCE By Kid Misso, EMEA Systems Engineer, Thomson Reuters ONESOURCE INDIRECT TAX THE ADVANTAGES OF AUTOMATING VAT DETERMINATION & COMPLIANCE Many

More information

agility made possible

agility made possible SOLUTION BRIEF CA IT Asset Manager how can I manage my asset lifecycle, maximize the value of my IT investments, and get a portfolio view of all my assets? agility made possible helps reduce costs, automate

More information

Complete Expense Management

Complete Expense Management Complete Management Welcome to complete expense We all know that Management Applications do a great job of letting your traveling employees file their expenses quickly and efficiently. However, gaining

More information

2015 Travel and Expense Management Report

2015 Travel and Expense Management Report 2015 Travel and Expense Management Report Increasing Control, Compliance, and Productivity in a Modern Mobile Workforce Featuring Insights on...»» Current Market Trends in TEM Software Usage»» Benefits

More information

CORPORATE TRAVEL & ENTERTAINMENT PAYMENT CARDS THE BENEFITS FOR TRAVEL MANAGERS

CORPORATE TRAVEL & ENTERTAINMENT PAYMENT CARDS THE BENEFITS FOR TRAVEL MANAGERS CORPORATE TRAVEL & ENTERTAINMENT PAYMENT CARDS THE BENEFITS FOR TRAVEL MANAGERS Travel and entertainment (T&E) is a critical spend category for nearly all corporations. Typically, it is the second largest

More information

See your business in a new way.

See your business in a new way. Sage 300 ERP Multicompany and International Operations Management Brochure See your business in a new way. Realize the future of your business today. See your business in a new way. Realize the future

More information

Whitepaper. The future of. Expense management. Issued January 2013. 5 remarkable findings. Powered by:

Whitepaper. The future of. Expense management. Issued January 2013. 5 remarkable findings. Powered by: Whitepaper The future of Expense management Issued January 2013 5 remarkable findings Powered by: For almost all classes of businesses in Europe and the United States, expenses form an important part of

More information

Turn Your Business Vision into Reality with Microsoft Dynamics SL

Turn Your Business Vision into Reality with Microsoft Dynamics SL Turn Your Business Vision into Reality with Microsoft Dynamics SL You have worked hard to build a vision for your business. With Microsoft Dynamics SL, you can turn that vision into reality with a solution

More information

Supplier Invoice Inefficiency: The truth behind the AP process and how automation can fix it

Supplier Invoice Inefficiency: The truth behind the AP process and how automation can fix it Supplier Invoice Inefficiency: The truth behind the AP process and how automation can fix it 01 Picture this: Scenario 1: Your supplier emails their invoice directly to your online invoice system. It s

More information

Business Management Made Simpler

Business Management Made Simpler SAP Brief SAP s for Small Businesses and Midsize Companies SAP Business One Objectives Business Management Made Simpler Successfully manage and grow your small business Successfully manage and grow your

More information

SETTING UP YOUR CLOUD ACCOUNTING SYSTEM

SETTING UP YOUR CLOUD ACCOUNTING SYSTEM SETTING UP YOUR CLOUD ACCOUNTING SYSTEM SETTING UP YOUR CLOUD ACCOUNTING SYSTEM The Big Benefit A cloud accounting system will make your life so much easier. Let s look at the 4 common types of accounting

More information

Transform Invoice Management with a Hybrid of Cloud and On-Premise Software

Transform Invoice Management with a Hybrid of Cloud and On-Premise Software SAP Brief SAP Business Suite SAP Invoice Management Objectives Transform Invoice Management with a Hybrid of Cloud and On-Premise Software Achieve a higher level of performance Achieve a higher level of

More information

Building an Effective Business Case: Automating Travel Booking and Expense Reporting Processing

Building an Effective Business Case: Automating Travel Booking and Expense Reporting Processing Building an Effective Business Case: Automating Travel Booking and Expense Reporting Processing ABSTRACT Automation of the travel booking and expense reporting process is a growing trend as businesses

More information

InforCloudSuite. Business. Overview INFOR CLOUDSUITE BUSINESS 1

InforCloudSuite. Business. Overview INFOR CLOUDSUITE BUSINESS 1 InforCloudSuite Business Overview INFOR CLOUDSUITE BUSINESS 1 What if... You could implement a highly flexible ERP solution that was built to manage all of your business needs, from financials and human

More information

Sage X3. Now you can grow faster, without getting bigger.

Sage X3. Now you can grow faster, without getting bigger. Sage X3 Now you can grow faster, without getting bigger. Adopt a faster, simpler, more flexible business management solution With Sage X3, you are choosing the next generation of business management solution

More information

SOLUTION BRIEF: CA IT ASSET MANAGER. How can I reduce IT asset costs to address my organization s budget pressures?

SOLUTION BRIEF: CA IT ASSET MANAGER. How can I reduce IT asset costs to address my organization s budget pressures? SOLUTION BRIEF: CA IT ASSET MANAGER How can I reduce IT asset costs to address my organization s budget pressures? CA IT Asset Manager helps you optimize your IT investments and avoid overspending by enabling

More information

Sage X3 for Food & Beverage

Sage X3 for Food & Beverage Sage X3 for Food & Beverage for Food & Beverage Adopt a faster, simpler, more flexible solution with full business and HRM capabilities. Sage X3 provides the next generation of business solutions for your

More information

PeopleSoft Expenses PeopleSoft Mobile Expenses

PeopleSoft Expenses PeopleSoft Mobile Expenses PeopleSoft Expenses PeopleSoft Mobile Expenses K E Y F E A T U R E S Best practices in expense management Mobile Expenses solution available for smart phones and tablets Integrated receipt management Enhanced

More information

Taking the pain out of expenses. A sample expense policy template for you to use

Taking the pain out of expenses. A sample expense policy template for you to use Taking the pain out of expenses A sample expense policy template for you to use Taking the pain out of expenses 11 Tips for Creating an Expense Policy Creating an expense policy can be a time-consuming

More information

WHITE PAPER. Is your AP Department Truly Automated?

WHITE PAPER. Is your AP Department Truly Automated? WHITE PAPER Is your AP Department Truly Automated? Published by: Sponsored by: Introduction For several decades accounts payable (AP) departments have been talking about the end of paper processing including

More information

Turn Your Business Vision into Reality with Microsoft Dynamics NAV

Turn Your Business Vision into Reality with Microsoft Dynamics NAV Turn Your Business Vision into Reality with Microsoft Dynamics NAV You have worked hard to build a vision for your business. With Microsoft Dynamics NAV, you can turn that vision into reality with a solution

More information

SAP ERP FINANCIALS ENABLING FINANCIAL EXCELLENCE. SAP Solution Overview SAP Business Suite

SAP ERP FINANCIALS ENABLING FINANCIAL EXCELLENCE. SAP Solution Overview SAP Business Suite SAP Solution Overview SAP Business Suite SAP ERP FINANCIALS ENABLING FINANCIAL EXCELLENCE ESSENTIAL ENTERPRISE BUSINESS STRATEGY PROVIDING A SOLID FOUNDATION FOR ENTERPRISE FINANCIAL MANAGEMENT 2 Even

More information

Complete Expense Management

Complete Expense Management Complete Management Welcome to complete expense We all know that Management Systems do a great job of letting your travelling employees file their expenses quickly and efficiently. However, gaining complete

More information

Looking to Reduce Operating Costs? Automate Your Expense Processing with PeopleSoft Travel and Expenses 9.1

<Insert Picture Here> Looking to Reduce Operating Costs? Automate Your Expense Processing with PeopleSoft Travel and Expenses 9.1 Looking to Reduce Operating Costs? Automate Your Expense Processing with PeopleSoft Travel and Expenses 9.1 Louise Eason Oracle Corporation June 21, 2010 Safe Harbor Statement The

More information

Choose an ERP partner that knows exactly how special, and that knows Microsoft Dynamics NAV by heart.

Choose an ERP partner that knows exactly how special, and that knows Microsoft Dynamics NAV by heart. I F Y O U H A V E A S M A L L O R M I D S I Z E M A N U F A C T U R I N G B U S I N E S S Y O U A R E V E R Y S P E C I A L. Choose an ERP partner that knows exactly how special, and that knows Microsoft

More information

Gain visibility, control, and strategic advantage with next generation spend management.

Gain visibility, control, and strategic advantage with next generation spend management. V I S A C O M M E R C I A L S O L U T I O N S V I S A I N T E L L I L I N K S P E N D M A N A G E M E N T B R O C H U R E Gain visibility, control, and strategic advantage with next generation spend management.

More information

Control Costs And Track Spending ExpenseAnywhere.

Control Costs And Track Spending ExpenseAnywhere. Control Costs And Track Spending ExpenseAnywhere. Today s organizations are in a constant battle to lead the pack. With a down economy and a customer centric focus companies are trying to put their best

More information

Accounts Payable Automation: Top 9 Reasons to Automate: The Essential Guide to Why Your Business Needs to Automate its Invoice Processing.

Accounts Payable Automation: Top 9 Reasons to Automate: The Essential Guide to Why Your Business Needs to Automate its Invoice Processing. Whitepaper Accounts Payable Automation: Top 9 Reasons to Automate: The Essential Guide to Why Your Business Needs to Automate its Invoice Processing. June 2014 Overview Reducing costs, improving performance,

More information

Thought Leadership White Paper

Thought Leadership White Paper Thought Leadership White Paper Introduction Contracts form the foundation of all businesses and every business relationship. They define every aspect of a business s activities procurement, sales, marketing,

More information

No Boundaries. Just GetThere. GetThere Travel and Collaboration Management. Travel. Meet. Network.

No Boundaries. Just GetThere. GetThere Travel and Collaboration Management. Travel. Meet. Network. No Boundaries. Just GetThere. GetThere Travel and Collaboration Management Travel. Meet. Network. For more than a decade, GetThere has been used by a majority of the Fortune 200 and the BTN Corporate Travel

More information

Grow Your Business with Confidence

Grow Your Business with Confidence Grow Your Business with Confidence Keep Your Business Going and Growing Whether you make widgets, sell services, or move merchandise, you depend on your people, and your people depend on the tools you

More information

U.S. Bank Access Online

U.S. Bank Access Online U.S. Bank Access Online Overview U.S. Bank Access Online provides organizations with real-time access to their commercial card programs anywhere, anytime, within a secured environment. This powerful proprietary

More information

Turn Your Business Vision into Reality with Microsoft Dynamics NAV

Turn Your Business Vision into Reality with Microsoft Dynamics NAV Turn Your Business Vision into Reality with Microsoft Dynamics NAV You have worked hard to build a vision for your business. With Microsoft Dynamics NAV, you can turn that vision into reality with a solution

More information

WORKFORCE MANAGEMENT SUITE

WORKFORCE MANAGEMENT SUITE solutions WORKFORCE MANAGEMENT SUITE For Small and Midsize Businesses Enterprise-Class Workforce Management. Simplified. UNIFIED WORKFORCE MANAGEMENT: One database. One user experience. One employee record.

More information

InforCloudSuite. Distribution Enterprise. Overview INFOR CLOUDSUITE DISTRIBUTION ENTERPRISE 1

InforCloudSuite. Distribution Enterprise. Overview INFOR CLOUDSUITE DISTRIBUTION ENTERPRISE 1 InforCloudSuite Distribution Enterprise Overview INFOR CLOUDSUITE DISTRIBUTION ENTERPRISE 1 What if... You could implement an enterprise solution customized for distribution without the risks of traditional

More information

Accounts Payable. Consolidating AP Workflow. Outside the SAP System. www.esker.co.uk ESKER ON DEMAND

Accounts Payable. Consolidating AP Workflow. Outside the SAP System. www.esker.co.uk ESKER ON DEMAND Accounts Payable Consolidating AP Workflow Outside the SAP System www.esker.co.uk ESKER ON DEMAND Table of contents Introduction... 3 Impact on IT infrastructure and operations... 3 Why businesses automate

More information

Turn Your Business Vision into Reality with Microsoft Dynamics NAV. icepts Technology Group, Inc. Dynamics NAV Gold ERP Partner www.icepts.

Turn Your Business Vision into Reality with Microsoft Dynamics NAV. icepts Technology Group, Inc. Dynamics NAV Gold ERP Partner www.icepts. Turn Your Business Vision into Reality with Microsoft Dynamics NAV icepts Technology Group, Inc. Dynamics NAV Gold ERP Partner www.icepts.com You have worked hard to build a vision for your business. With

More information

Veramark White Paper: Reducing Telecom Costs Why Invoice Management is the Best Place to Start. WhitePaper. We innovate. You benefit.

Veramark White Paper: Reducing Telecom Costs Why Invoice Management is the Best Place to Start. WhitePaper. We innovate. You benefit. Veramark White Paper: Reducing Telecom Costs Why Invoice Management is the Best Place to Start WhitePaper We innovate. You benefit. Veramark White Paper: Reducing Telecom Costs Why Invoice Management is

More information

S24 - Governance, Risk, and Compliance (GRC) Automation Siamak Razmazma

S24 - Governance, Risk, and Compliance (GRC) Automation Siamak Razmazma S24 - Governance, Risk, and Compliance (GRC) Automation Siamak Razmazma Governance, Risk, Compliance (GRC) Automation Siamak Razmazma Siamak.razmazma@protiviti.com September 2009 Agenda Introduction to

More information

SAP Solution Brief SAP ERP SAP Invoice Management by OpenText. Take Control with Invoice Management Software

SAP Solution Brief SAP ERP SAP Invoice Management by OpenText. Take Control with Invoice Management Software SAP Brief SAP ERP SAP Invoice Management by OpenText Objectives Take Control with Invoice Management Software Get ready for a new approach to invoice processing Get ready for a new approach to invoice

More information

Treasury Accounts Payable Financial Systems 53% Audit/Compliance Budgeting/Planning

Treasury Accounts Payable Financial Systems 53% Audit/Compliance Budgeting/Planning Corporate Travel & Entertainment Payment Cards THE BENEFITS FOR FINANCE DEPARTMENTS Corporate cards provide distinct benefits for no fewer than five different functions within a finance department treasury,

More information

Running your business does not have to be complicated

Running your business does not have to be complicated Sage X3 for Retail Sage for Retail Adopt a faster, simpler, more flexible business and retail management solution with full CRM and HRM capabilities all rolled into one. With Sage X3, you are choosing

More information

SWITCH ON THINK BUYERS. All procurement transactions in one system

SWITCH ON THINK BUYERS. All procurement transactions in one system SWITCH ON THINK BUYERS All procurement transactions in one system INTRODUCTION At think we believe in challenging the status quo and that doing business should be simple. An organisation s employees are

More information

Performance Management

Performance Management Performance Management Be enterprising. The speed, complexity, and global nature of business today presents challenges for even the best-managed organizations. To adapt to this constantly changing environment,

More information

BEST PRACTICES IN AP AUTOMATION

BEST PRACTICES IN AP AUTOMATION MINUTE READ TIME WHITE PAPER ACCOUNTS PAYABLE BEST PRACTICES IN AP AUTOMATION Consolidating Workflow Outside ERP Systems www.esker.com BEST PRACTICES IN AP AUTOMATION Consolidating Workflow Outside ERP

More information

Best Practices in Contract Migration

Best Practices in Contract Migration ebook Best Practices in Contract Migration Why You Should & How to Do It Introducing Contract Migration Organizations have as many as 10,000-200,000 contracts, perhaps more, yet very few organizations

More information

The Holy Grail of Accounts Payable

The Holy Grail of Accounts Payable The Holy Grail of Accounts Payable Achieving Truly Holistic Accounts Payable Automation Featuring insights on... Challenges with AP Compliance and Control Among Today s Organizations Shortfalls of Piecemeal

More information

How Can I Better Manage My Software Assets And Mitigate The Risk Of Compliance Audits?

How Can I Better Manage My Software Assets And Mitigate The Risk Of Compliance Audits? SOLUTION BRIEF CA SERVICE MANAGEMENT - SOFTWARE ASSET MANAGEMENT How Can I Better Manage My Software Assets And Mitigate The Risk Of Compliance Audits? SOLUTION BRIEF CA DATABASE MANAGEMENT FOR DB2 FOR

More information

Are Your Business Processes Holding You Back?

Are Your Business Processes Holding You Back? Are Your Business Processes Holding You Back? 5 REASONS FOR PROFESSIONAL SERVICES FIRMS TO INTEGRATE SALES, SERVICE AND FINANCE INTO A SINGLE CLOUD SOLUTION Contents INTEGRATING BUSINESS APPLICATIONS INTO

More information

Why Your Spreadsheet Isn t Expense Management

Why Your Spreadsheet Isn t Expense Management Why Your Spreadsheet Isn t Expense Management By Christopher Levush Spreadsheets are the ubiquitous office tool; you can hardly run your business without them. A simple search on Google opens the door

More information

Top four benefits of automating travel and entertainment expenses

Top four benefits of automating travel and entertainment expenses Top four benefits of automating travel and entertainment expenses With integrated, mobile solutions and automated processes, institutions can improve travel and expense efficiency, increase compliance,

More information

EMPOWERING THE TAX DEPARTMENT With ERP and Tax Depreciation Integration. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> White Paper

EMPOWERING THE TAX DEPARTMENT With ERP and Tax Depreciation Integration. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> White Paper EMPOWERING THE TAX DEPARTMENT With ERP and Tax Depreciation Integration >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> White Paper Introduction The ubiquitous ERP system still reigns as the top application for

More information

POWERFUL, FLEXIBLE, AND AFFORDABLE ERP SOLUTION

POWERFUL, FLEXIBLE, AND AFFORDABLE ERP SOLUTION POWERFUL, FLEXIBLE, AND AFFORDABLE ERP SOLUTION Let Xeo Software show you how our Hybrid ERP gives you the best of all worlds INDEX What is ERP and Why Does it Matter for SMBs?....................... 2

More information

6 Ways to Boost Your Inventory Management System Performance

6 Ways to Boost Your Inventory Management System Performance 6 Ways to Boost Your Inventory Management System Performance This white paper explains how adding advanced inventory optimization software onto existing legacy management systems can increase operational

More information

TAKING AWAY THE HASSLE OF KEEPING THE BOOKS

TAKING AWAY THE HASSLE OF KEEPING THE BOOKS TAKING AWAY THE HASSLE OF KEEPING THE BOOKS 2 LESLIE ERIERA & CO PAPERWORK AAAAARGHHHH Every business owner hates bookkeeping and paperwork. Unfortunately it has to be done. And it has to be done in a

More information

Cisco Intelligent Automation for SAP

Cisco Intelligent Automation for SAP Data Sheet Cisco Intelligent Automation for SAP Automation Packs for SAP Solutions Product Overview Cisco Intelligent Automation for SAP is the software platform on which to standardize, unify, and automate

More information

How On-Premise ERP Deployment Compares to a Cloud (SaaS) Deployment of Microsoft Dynamics NAV

How On-Premise ERP Deployment Compares to a Cloud (SaaS) Deployment of Microsoft Dynamics NAV How On-Premise ERP Deployment Compares to a Cloud (SaaS) Deployment of Microsoft Dynamics NAV 13875 Cerritos Corporate Dr., #A Cerritos, CA 90703 Toll Free : (800) 969-APEX Tel : (562) 926-6820 E-mail

More information

What s New In Microsoft Dynamics NAV 2013

What s New In Microsoft Dynamics NAV 2013 What s New In Microsoft Dynamics NAV 2013 Get ahead. Shape your own future. Today more than ever, small and midsize businesses like yours need solutions that drive success. Microsoft Dynamics NAV 2013,

More information

An Oracle White Paper November 2011. Financial Crime and Compliance Management: Convergence of Compliance Risk and Financial Crime

An Oracle White Paper November 2011. Financial Crime and Compliance Management: Convergence of Compliance Risk and Financial Crime An Oracle White Paper November 2011 Financial Crime and Compliance Management: Convergence of Compliance Risk and Financial Crime Disclaimer The following is intended to outline our general product direction.

More information

The true cost of an. INVOICE SOLUTION How cloud automation is changing the game

The true cost of an. INVOICE SOLUTION How cloud automation is changing the game The true cost of an INVOICE SOLUTION How cloud automation is changing the game Table of contents 03 Introduction 05 Invoice management in the cloud 07 Top five benefits of invoice automation 11 Common

More information

Finding Nirvana in AP Automation and Outsourcing

Finding Nirvana in AP Automation and Outsourcing WHITE PAPER Finding Nirvana in AP Automation and Outsourcing Gaining Control By Letting Go Nirvana: Joy, freedom from pain and worry an end to suffering. Suffering is something with which many Accounts

More information

Bridging the Gaps: The Convergence of Meetings, Travel, and Expense Management

Bridging the Gaps: The Convergence of Meetings, Travel, and Expense Management Bridging the Gaps: The Convergence of Meetings, Travel, and Expense Management Introduction At most companies, business activities such as meetings management, travel procurement and expense processing

More information

IBM Global Business Services Microsoft Dynamics AX solutions from IBM

IBM Global Business Services Microsoft Dynamics AX solutions from IBM IBM Global Business Services Microsoft Dynamics AX solutions from IBM Powerful, agile and simple enterprise resource planning 2 Microsoft Dynamics AX solutions from IBM Highlights Improve productivity

More information

Reduced Total Cost of Ownership (TCO) and Increased Scalability with a New Accounting Solution

Reduced Total Cost of Ownership (TCO) and Increased Scalability with a New Accounting Solution Case Study Reduced Total Cost of Ownership (TCO) and Increased Scalability with a New Accounting Solution Abstract Infosys partnered with a global specialty insurance and re-insurance company to implement

More information

Get Invoice Processing That s Ready for the Digital Economy and Your IT Landscape

Get Invoice Processing That s Ready for the Digital Economy and Your IT Landscape SAP Brief SAP Extensions SAP Invoice Management by OpenText Objectives Get Invoice Processing That s Ready for the Digital Economy and Your IT Landscape Get ready for a new approach to invoice processing

More information

B2B Operational Intelligence

B2B Operational Intelligence M A R C H 2 0 1 4 B2B Operational Intelligence This white paper describes how B2B Operational Intelligence safeguards your supply chain against non-compliant B2B data in the order lifecycle, ensuring that

More information

TAKE COST CONTROL AND COMPLIANCE TO A NEW LEVEL. with ACL Travel & Entertainment Expense Fraud and Cost Control Solution

TAKE COST CONTROL AND COMPLIANCE TO A NEW LEVEL. with ACL Travel & Entertainment Expense Fraud and Cost Control Solution TAKE COST CONTROL AND COMPLIANCE TO A NEW LEVEL with ACL Travel & Entertainment Expense Fraud and Cost Control Solution TAKE COST CONTROL AND COMPLIANCE TO A NEW LEVEL with ACL Travel & Entertainment Expense

More information

Consolidate and control your company s expense information: increase efficiency, boost productivity and cut costs. MasterCard.

Consolidate and control your company s expense information: increase efficiency, boost productivity and cut costs. MasterCard. Consolidate and control your company s expense information: increase efficiency, boost productivity and cut costs MasterCard Smart Data OnLine Better organize, consolidate, manage your MasterCard Smart

More information

Holistic Supply Chain Management A Focused Approach to Supply Chain Management through the Lens of Working Capital Management

Holistic Supply Chain Management A Focused Approach to Supply Chain Management through the Lens of Working Capital Management Holistic Supply Chain Management A Focused Approach to Supply Chain Management through the Lens of Working Capital Management A GT Nexus White Paper Executive Summary There is a renewal of interest in

More information

The Cloudburst: Hitting New Heights With Cloud-Based Environmental Software. White Paper. Enviance

The Cloudburst: Hitting New Heights With Cloud-Based Environmental Software. White Paper. Enviance The Cloudburst: Hitting New Heights With Cloud-Based Environmental Software White Paper Enviance The Cloudburst: Hitting New Heights with Cloud-Based Environmental Software White Paper Cloud computing

More information

Enterprise Visibility Solutions

Enterprise Visibility Solutions WaveMark Enterprise Visibility Solutions Converting Data into Actionable Information The Challenge: Control Costs and Improve Care at the Same Time Controlling costs while maintaining high quality patient

More information

INFORMATION YOU CAN MANAGE. JD Edwards World Financial Management

INFORMATION YOU CAN MANAGE. JD Edwards World Financial Management INFORMATION YOU CAN MANAGE JD Edwards World Financial Management Streamline financial operations. Make decisions based on accurate information. Respond quickly to change. INFORMATION YOU CAN MANAGE Financial

More information

Sage X3. Enterprise Business Management Solutions in the 21st Century: Key Buying Considerations

Sage X3. Enterprise Business Management Solutions in the 21st Century: Key Buying Considerations Sage X3 Enterprise Business Management Solutions in the 21st Century: Table of Contents 3 Legacy Systems are Good to a Point 3 On-Premise or Cloud: Which Option makes Sense 4 The Modern Business Management

More information

CONNECTIVITY. Connectivity. Solutions. Insight. Electronic Remittance Advice. Technology Eligibility Verification. Challenges Providers Face

CONNECTIVITY. Connectivity. Solutions. Insight. Electronic Remittance Advice. Technology Eligibility Verification. Challenges Providers Face CONNECTIVITY. Real-Time Electronic Remittance Advice Technology Eligibility Verification Challenges Providers Face As physician groups face declining reimbursement, escalating operating costs and rising

More information

Simply Sophisticated. Information Security and Compliance

Simply Sophisticated. Information Security and Compliance Simply Sophisticated Information Security and Compliance Simple Sophistication Welcome to Your New Strategic Advantage As technology evolves at an accelerating rate, risk-based information security concerns

More information

TOP 10 REASONS TO AUTOMATE OPERATING EXPENSE CONTROLS

TOP 10 REASONS TO AUTOMATE OPERATING EXPENSE CONTROLS 10 TOP 10 REASONS TO AUTOMATE OPERATING EXPENSE CONTROLS CONTENTS INTRODUCTION 3 TOP 10 REASONS TO AUTOMATE OPERATING EXPENSE CONTROLS Reason #10: Human error costs your company money Reason #9: Chasing

More information

Everything You Need to Know About Effective Mobile Device Management. mastering the mobile workplace

Everything You Need to Know About Effective Mobile Device Management. mastering the mobile workplace Everything You Need to Know About Effective Mobile Device Management mastering the mobile workplace Table of Contents Introduction... 3 1. What exactly is Mobility Management Anyway?... 4 Impenetrable

More information

RECEIVABLES GETPAID ENTERPRISE EDITION

RECEIVABLES GETPAID ENTERPRISE EDITION GetPaid Enterprise Edition A RECEIVABLES GETPAID ENTERPRISE EDITION GetPaid Enterprise Edition B RECEIVABLES GETPAID ENTERPRISE EDITION 1 GetPaid Enterprise Edition Comprehensive Order-to-Cash management

More information

LEVERAGING BIG DATA & ANALYTICS TO IMPROVE EFFICIENCY. Bill Franks Chief Analytics Officer Teradata July 2013

LEVERAGING BIG DATA & ANALYTICS TO IMPROVE EFFICIENCY. Bill Franks Chief Analytics Officer Teradata July 2013 LEVERAGING BIG DATA & ANALYTICS TO IMPROVE EFFICIENCY Bill Franks Chief Analytics Officer Teradata July 2013 Agenda Defining The Problem Defining The Opportunity Analytics For Compliance Analytics For

More information

IBM Tivoli Asset Management for IT

IBM Tivoli Asset Management for IT Cost-effectively manage the entire life cycle of your IT assets IBM Highlights Help control the costs of IT assets with a single product installation that tracks and manages hardware, software and related

More information

Compliance Management, made easy

Compliance Management, made easy Compliance Management, made easy LOGPOINT SECURING BUSINESS ASSETS SECURING BUSINESS ASSETS LogPoint 5.1: Protecting your data, intellectual property and your company Log and Compliance Management in one

More information