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Tuesday, March 24, 2015

Buy Expenses Software, Have Satisfied Workforce

Organizations need to take care of a lot of things in order to make sure that they run smoothly. All organizations work for some motive and most of them wish to make as much profit as possible. It is very important for organizations to ensure that their employees are satisfied so that they can do their work willingly. Organizations which do not give enough salaries and perks to their employees often find out that their employees leave them or they stay less motivated for their work. There are a large number of ways which an organization can use in order to increase the level of satisfaction of its employees. Organizations should pay handsome salaries to their employees and they should also pay various kinds of claims to them on time. When it comes to settling the claims of various employees then organizations may need a lot of time to check whether their claims are genuine and then to clear them. In order to settle the claims of a large number of employees, organizations have to spend a lot of time and this may make the employees impatient.

So, what is the best way to process various kinds of claims which various employees keep on making time to time in organizations? Well, the best way to settling claims of employees in a faster manner is to use the expense report software. The expense report software is used by a lot of companies at present. Especially, those companies which have a lot of employees working for them need such software so that they can do the work of settling employee claims in a fast manner. By investing money in buying the travel and expense management, organizations can make sure that they keep a check on the expenses made by them on their employees. The expense tracking software helps organizations in controlling their expenses as they can check whether they are overspending on their employees or not. Such software is very beneficial for the employees because they can make their claims form any place with the help of the internet. They just need to fulfill the claims form for making various kinds of claims online.

Organizations should not think that they will only increase their cost by purchasing the expenses tracking software. They need to consider the purchase of such software as an investment which will yield long term profits to them. The use of expenses tracking software has made the task of settling the claims of employees by organizations; faster and easier. Earlier, this work was done manually and a lot of time was consumed in that.

Organizations know that their time is very precious and they are not ready to waste it at any cost. They buy various software for making their work easier and faster. A large number of software is available in the market at present to help organizations in running smoothly and to have satisfied employees. Such software can be searched easily online.

Friday, February 27, 2015

Zen and the Art of CPR SERVICE



Certify’s management team spends a lot of time thinking about what makes a successful startup. We study all the latest unicorns, as well as companies that are demonstrating more moderate levels of success, searching for common themes. We reflect upon our own successes and failures, seeking to extract valuable principles that can be applied to future situations and events. In this blog post, I want to share some insights that have worked for us here at Certify, as well as some valuable nuggets from two fellow CTOs at other exciting technology companies.

Since Certify early days, we have worked to define, refine, and crystalize our company culture, boiling it down into ten core values. Each of the ten values has a single keyword that expresses it. Those ten keywords form the acrostic, CPR SERVICE.

We find that we achieve our most successful outcomes, as well as the most satisfaction in our work, when we give our customers CPR SERVICE. Frequently, our customers come to us beaten and bloodied, emotionally damaged by other software vendors and the poor treatment they have received. We can hardly blame them for what comes next – they start off by transferring pent-up anger and wrath from their former vendor to us. We have seen the pattern so many times that our knee-jerk reaction is to perform CPR SERVICE. When confronted with an upset customer, our employees have learned how to stop and think to themselves, “This customer needs us to prove that we care. They need to know we are listening. When we prove that we care, then they will experience customer happiness.” And then the employee proceeds to apply CPR SERVICE. What is CPR SERVICE exactly? I’ll save the details for another blog post, but at the most basic level, it is putting the customer first while demonstrating the highest level of integrity.

CPR SERVICE has been so effective, that our management team regularly receives direct communication about specific employees and their exemplary service. We just received a voicemail this week from an 85-year-old man, absolutely thrilled with the kind and helpful service he received from one of our Support Experts. When we receive these glowing reviews, we take the opportunity to share it across the entire company, giving formal recognition to the employee. Our goal is to cultivate an atmosphere of CPR SERVICE and recognition, and here at Certify, we have learned that this culture is one of the secrets to startup success.

I asked John Boxall, CTO at Mobify, for his ideas on what makes for a successful startup. He was kind enough to share what he calls his “Zen of Mobify.” How exciting! Anytime someone gives me their carefully curated list of startup wisdom, I pick up my small cup of hot green tea and listen closely!

What I especially like about John’s list is that these points are intentionally somewhat nebulous. We are supposed to read them and then ponder them. They are not explicit statements with simple, one-off applications. These are very “sticky” phrases that are meant to remain in our thoughts and guide us through lots of varying circumstances. And so, without further elucidation, here is John Boxall’s “Zen of Mobify”: Read more.

Tuesday, January 27, 2015

Makes Everything Simple and Easy With Expense Report Software



Businesses are meant for making profit and contribute something towards the betterment of the society. If it were not the businessmen then it would have never been possible for the world to reach where it has reached today. Every business needs to be managed in such a manner that it makes a lot of profit and incurs minimum cost while making its stakeholders happy. If you are an employee of a company then you know how you can claim various kinds of expenses from your company.

The business of business is to do business and nothing else. This means that business should concentrate on its core activities and it should try to reduce the time which it spends on other activities. For this purpose, outsourcing of work has come in to the scene. So many software and programs are used by businesses to save their time and money. You might have heard about expense report software if you are associated with a company in any manner. Expense report software is used for tracking the claims which are made by the employees of organizations.

This software is used by a large number of companies at present. There are a large number of advantages of using this software. First, the time required for saving the data related to the claims made by various employees is saved. The software does this task automatically. Second, when less people are required to manage the expenses which are to be done on the employees then the money of the company is also saved. Third, when the work of keeping the record of employee expenses is done by the software then there is no chance of any kind of mistake. When there is no mistake in the record of expenses done on employees then the company saves itself from confusion.

By using software for keeping a record of employee expenses, a company would also be able to do online expenses management. This means that the employees of the organization would be able to access the expense management software from anywhere with the help of internet. They can put their claims online in the database of the organization with the help of such software. There are a large number of benefits of online expenses management. Due to this, the employees of the organization would feel satisfied because they will be able to get their claims as soon as possible.

Tuesday, December 30, 2014

Five Main Reasons Why You Should Use Expense Report Software



Even in this day and age, there are many organizations that manage their business processes, even key processes, the traditional way without taking advantage of technology and the convenience it offers. We still see paper-based reports, long approval cycles, and fragmented data silos everywhere. One business process that will gain a lot from the adoption of technology is travel and expense management. Online expense report software, which automates and streamlines the process, can speed up the process by an exponential factor and help you enjoy a hassle-free business process. Here are 5 reasons why you should deploy online expense report software for your business:

Convenient authorization process: With this software, managers can authorize their employees' travel requests either before or after the trip, depending on the situation. If a sales rep went on a 2-day trip but had to extend it to a 5-day trip, he can get authorization for the 2-day trip before the travel and come back and update the request with the 5-day details. Pre-travel requests can be converted into expense reports with a few simple clicks, eliminating the need for multiple data entries.

Flexible approvals: In some organizations, there might be more than one approver and the approval process follows a pre-defined flow. In some others, there are thresholds set after which the request has to go through multiple approvals. This software can be configured to suit either flow. Email notifications will be immediately sent out to all the approvers as soon as the request is created. The approvers can check the requests for any discrepancies and reject any line items that contain them. A notification is sent to the user who then has to correct the line item and re-submit it for approval.

Integration: This software can be fully integrated with any existing legacy applications and/or third-party applications, be they on-premise or on-demand. Integration with the company's finance application allows managers to quickly export expense reports and make quick reimbursements.

Easy deployment: As this is a SaaS-based application, there is little to no work that has to be done by the organization during deployment. Nor do they have to worry about maintenance, support, or updates, which will all be done by the vendor from his side. This is in contrast with on-premise applications, which needed the IT manager to babysit them.

Reports -- Data to information: Travel and expense management is one of those processes which traditionally do not always stay within the budget and as actual budgets go wrong, it is hard to make forecasts for the future as well. Organizations always had a lot of data to play around with, but no means to structure the data to draw meaningful conclusions from it. With this software, administrators can pull reports on a variety of activities and analyze them to understand the situation and make informed decisions. They can understand which departments are within the allotted budgets and which divisions are overshooting them.

Friday, December 26, 2014

How to Fit Your Travel and Expense in your Business Budget



Business travel is a necessary expense for most people. When you think of travel and expense for business, you probably think of flying off to another state, being put up in a hotel and attending a conference or two. But business travel can also include just heading to the next town over to meet with a client. All of these things cost money and you need to know how to deal with travel expense reports, expense tracking, and budgeting for these needs.

First you need to put aside a reasonable estimate each year from your business' budget. If it's local travel that you are really worried about, it'll be easier to do this. You'll want to include gas prices, car rental (unless your company has its own car) and parking costs. You'll also want to have an idea of how many times a year these trips are made. Do you drive weekly to meet with a certain client, or is it a more varied month by month basis?

When it comes to long distance travel, business expenses can be anything from a couple hundred to thousands of dollars. It depends on where flights are to, the kind of hotels your employee is staying in, any additional transportation costs from the hotel to wherever they need to be, and other small costs like a seat for a convention.

Expense management software is an easy way to keep track of these trips. You can put in all the information of the trip and have it calculate the costs for you, as well as keep track of any extra spending that the employee may have done. Your entire year's expenses can be recorded so that when it comes to filing taxes or just dealing with overall budget, you have every single trip on file ready to be accessed.

If you are unsure of whether you can afford a trip ahead of time, plug it into expense management software long before you book. You'll get an idea of the costs and whether or not it's a feasible investment. The most important thing is that you never book without knowing you have the funds to back it up. Don't pull from other business finances if you don't have to. You have to weigh what is more important to your company.

When it comes to business travel and expense, it can be daunting. But if you keep on top of figures and set aside a good amount of money, you won't be in the red at the end of the year.

Streamline Insights Into T and E Spend





Whether you’re a traveling employee, a manager, an accountant, or an executive—there’s a good chance expense reporting has an affect on your position. With manual expense management, insights must be gathered through spreadsheet data entry and manual analysis. Not only is manual expense management a cumbersome process for managers and accountants, it can be prone to human error.

The solution? Simplify and streamline the reporting process with an automated, cloud-based system! Certify’s full reporting suite provides an incredible range of insights, catered to different roles. For example, admins can view spending trends by category, business unit, project team, or by employee across any time period. The interface is intuitive, easy to use, and designed to benefit all users.

Here are just a few of the benefits per role, when using Certify:

Benefits for Employees Meals, mileage, airfare… you name it. Business travelers need to keep close tabs on how much they're spending, what they’re spending, and whether it’s within company policy. Some companies even factor expense violations into performance reviews, making this information truly "need to know" for any employee.

Benefits for Managers Approval managers need to run reports to see if their teams are listening to their penny-pinching advice. Managers will often compare expenses between sales representatives, to see how T&E spending stacks up against close rates. Managers can opt to receive pre-trip notifications when an employee books travel. This gives the manager the option to cancel the trip within the first 24 hours for a full refund of all travel fares, including airfare.

Benefits for Executives Generally speaking, executives are interested in big-picture numbers in a broad range of reports. If necessary, they need the option to dissect a report and maintain oversight while combing the numbers.

Benefits for Accountants All reports are available to accountants to provide full integration with existing accounting software. For example, the Certify AP Report displays company-wide monthly reimbursable expenses, categorized by department, business unit or other parameters. It’s designed for direct output to many different accounting software programs for a completely streamlined process. Accountants may also wish to review travel expense metrics, to keep tabs on company spending. Certify’s reporting tools show detailed views of travel expense by category, vendor and employee, across any time period.

Automating your expense management reporting process saves time for all departments, which in turn saves your organization money. Many processes in your company are automated, cloud-based, and operating at peak efficiency. The expense report, data entry, manual analysis—the most dreaded processes of all should be optimized for efficiency as well.

Friday, November 28, 2014

The Big Advantage in Using Online Expense Management



Business which is not managed in a proper manner will find it very difficult to survive. There is so much competition in almost every business now days that it is very important for every business to manage its activities in the best possible manner. The threats and opportunities which come from the external environment of a business can be dealt with in a perfect manner only if the internal environment of the business is managed in the best manner. It is very important for all business firms to manage their finances in such a manner that they make highest profit.

Every business wants to cut its costs because more costs will bring down the profits. However, there are many expenses which cannot be avoided by organizations. Certain expenses have to be made by all organizations otherwise they will not be able to grow their business. You might have seen many people who keep on traveling to various countries or cities on the expense of their companies. Companies send their employees to other places so that they can find new markets and make new customers for their products.

When we go on a trip then we make various kinds of expenses like eating out, traveling, staying in hotels etc. All these expenses are paid by companies when they send their employees to places for their business. Now, it is very important to maintain a record of all the expenses which have been incurred by various employees on their business trips. The expense software helps companies in maintaining a clear record of the expenses which are made by employees while they travel for their organization's business. The expense software is considered as a very important tool for recording employee expenses.

You might be thinking that purchasing the expense report software will only add to the expenditure of an organization. You are right to some extent but you should know that this software does not come at a very high price. Also, the benefits which are offered by the expense software are many. Companies which are using this software have found that they have become able to discipline their employees for making reasonable expenses on their trips after using such software. There are numerous organizations all over the world which are using this software.

There was a time when employees used to give reports about their expenses to their companies after coming from their business trips. However, with the online expenses management system, employees are able to update the information about their expenses in detail online and this can be seen by concerned department employees from any corner of the world.

The online expenses management has made the lives of companies easier. This system lets companies know how much their employees are spending when they are on their business trips. Useful comparisons of records maintained can be made to know whether the expenditure on business trips is increasing with time or it is constant.