Expense Management Automation

Expense Management Automation allows you to capture your expenses on the go, eliminate manual reporting, ensure compliance, streamline reconciliation, and gain access to a centralized, paperless, and highly-automated expenses management platform

What is expense management automation?

Expense Management System Automation is a software that helps big, medium and small businesses to capture, submit and manage reporting, approval, and payment/ reimbursement of employee business expenses.

How does it help businesses?

Keeping track of business spending is a top priority for all businesses, and it’s difficult to do using manual processes, paper receipts, and handwritten notes. Companies can speed up the expenditure management process, prevent errors, and deliver refunds more quickly by employing software to track and monitor employee spending.

Access expenses anywhere

Approve or deny expense submissions directly by phone
Upload receipts photos directly to an expense report
No double data entry

Visibility into Company Spend

Real-time visibility into financial data for company-paid expenses
A system that directly aligns with your company’s expense management policies
Elimination of spreadsheets and paper records and reports

Customizable Approval Workflows

Integrated with your existing systems
Elimination of spreadsheets and paper records and reports
Less expense fraud

KEY FEATURES OF EXPENSE MANAGEMENT AUTOMATION

TRACK ALL EMPLOYEE RECEIPTS
ALLOW EMPLOYEES TO USE THEIR SMARTPHONES TO CAPTURE RECEIPTS
PUT THE RECEIPTS ON A CENTRALIZED DASHBOARD

DOCUMENTS MANAGEMENT AND ARCHIVING
ROUTE THE RECEIPTS TO THE APPROPRIATE APPROVERS
SCHEDULE REIMBURSEMENT CHECKS FOR PAYMENT

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BENEFITS OF EXPENSE MANAGEMENT AUTOMATION

CUT THE PROCESSING COSTS
When compared to organizations that rely on paper spreadsheets, organizations that use expense management solutions save 50% on processing costs. Also, companies can save time and money by automating their procedures and eliminating the use of paper.
INCREASES COMPLIANCE AND OPERATIONAL EFFICIENCY
The expense management automation makes compliance easier by categorizing expenses and generating a tax audit trail in an automatic way. And, policies get enforced before any violations occur, and out-of-spending can be identified.
ENHANCED PRODUCTIVITY
Employees can use their smartphones to scan receipts and submit daily expenses reports from anywhere. Managers and their staff no longer have to perform manual tasks, which saves time and money while allowing employees to focus on higher-value work.

What would like to you to do?

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Key features of 360 Business solution

Capture from emails

Capture from scanner

Capture from mobile & desktops

Automated document capture

Automated processing

Structured and non structured documents

OCR & Machine Learning

Automated invoices verification

Alerts and notifications

Dynamic workflows

Over 20 languages

Vendors portal

Electronic signatures

Integration with Docusign

Integration with ERPs

Reports Generation