Expense Management

Employees can easily submit and justify their expenses on the go. Managers can review all expenses and either approve or reject individual requests as needed. Once approved, expenses are immediately posted in Smart Accounting by an accountant.

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Problems Solved

— 01

Difficulty in reconciling expenses with accounting records, leading to discrepancies.

— 02

Limited visibility and control over employee expenses due to delayed updates.

— 03

Processing expenses manually is labor-intensive and inefficient.

— 04

Manual entry of expenses increases the risk of errors and inaccuracies.

Benefits of Automated Expense Management

Automatically processes and categorizes expenses, reducing manual entry and errors.

Provides real-time tracking of employee expenses, improving visibility and control.

Offers customizable approval workflows to ensure compliance with company policies.

Generates comprehensive expense reports for better financial analysis and budgeting.

Key Features

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Automated and Flexible Expense Recording

Automatically capture and record expenses through OCR and various entry methods, including email, scanning, drag-and-drop, or manual input.

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Streamlined Reporting and Payment

Simplify expense management with consolidated reports and customizable views, facilitating efficient approval and reimbursement processes.

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Policy Enforcement and Payment Allocation

Enforce company expense policies and manage expense payments by specifying reimbursements or client invoicing, with automatic updates and easy processing.

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Pre-Configured Categories

Utilize pre-loaded expense categories to quickly start recording and managing expenses right after installing the Expenses app.

Fully integrated with necessary features

Employee

Syncs with HR to link expenses to employee profiles and manage reimbursements seamlessly.

Project Management

Associates expenses with specific projects, enabling precise project cost tracking and budget management.

Accounting

Automatically records expenses in accounting, ensuring accurate financial tracking and simplified reconciliation.

Purchase

Links with purchasing to streamline expense approvals and track company expenditures in one place.

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