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Wednesday 2 October 2013

The High Tech Business Traveler

If you are going to a trip or just business related you can avoid some of the hectic employees that it will come out an reimbursed for expenses subjected during trips often leads to even more hindrances. Nevertheless, there is a way that employees can log their costs and have them paid back exceedingly effortlessly.

automated expense report software make life much easier for their workers. The modern business traveler tends to fit one of two different profiles - they're either an "Anxious Andrew," or a "Confident Cole." The former individual is constantly fumbling about trying to organize their documents, while the latter is able to calmly report all of their expenses using little more than a smartphone. Which would you - or your employees - rather be?

Manually created expense reports delay reimbursement payments

Individuals who fit into the "Anxious Andrew" profile still use manually created expense reports, and that likely causes them excess amounts of unnecessary stress. With manually created reports, it's much more likely that you're employees will make a mistake while entering data - prolonging the reconciliation and reimbursement processes by long periods of time.

Worse yet, these workers are forced to save all of their paper receipts. Valuable time is often wasted during their business trips as their forced to organize and log each expenditure by hand. Worse yet, "Andrew's" must cross-check all of their expenses with company policy - and if they've accidently violated any rules, they need to start the entire process anew.

Cloud-based expense report software makes the process fast and easy

Travelers who fit into the "Confident Cole" profile have one thing in common - they make use of automated expense report management technology. These individuals can expect to receive their reimbursements 60 percent faster than workers who use manual expense report systems, thanks to the ease-of-use offered by cloud-based accounting technologies.

Cole also never has to worry about missing a deadline or violating company policy. Mobile applications alert workers who use automated expense report software when it's time to compile and file their documents and also alerts them immediately whenever any company policies are violated.

Everything a "Confident Cole" needs to help them file their expense report is on a smartphone. These individuals are never forced to waste time manually documenting the papers needed to log their expenses. As a result, their business trips are always highly successful and completely streamlined.

To download the infographic, click here.

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