Tuesday, June 4, 2013

Spreadheet tips business insider



Insider 411
Share this Email

Tuesday, June 4, 2013
Still Using Spreadsheets? There's An Easier Way


The spreadsheet is the Swiss Army knife of small-business programs: It serves almost every function you can think of. But using a spreadsheet to manage expenses is like using the knife's plastic toothpick to flip pancakes. Sure, you could do it, but would you really want to?

Manually entering expense data into a spreadsheet or accounting system is time-consuming, and it can introduce errors. It's easy to see how the process gets overwhelming for both managers and employees.

But there is a better way to manage expenses.

Concur has put together a simple white paper with eight tips to help you create a better expense management process for your company. It explains what the best practices are, giving advice on the easiest ways to implement a new system or improve your current one.

The eight tips include:

  • Create a company-wide policy. All companies have an obligation to themselves and the IRS to ensure that expenses are genuine and appropriate.
  • Simplify your reimbursement process. Employees are more likely to comply if the process is simple.
300x400_us_expense_policy
  • Get the relevant information. Ask for the right details, not a novel.
  • Leverage mobile devices. Make it easy to submit and approve expense reports while employees and managers are on the go.
These are just four things to consider when creating or improving your expense management process. Download “8 Tips for a Best-Practice Expense Process” to get the rest, plus more resources that will help make those tedious spreadsheets a thing of the past



                                                   Concur Button
 
 


Share the latest business news with your network:
 
The email address for your subscription is: alanrussell@princetoncap.com

Manage your email preferences   |   Unsubscribe

Business Insider RSS Feed   |   Terms of Service   |   Privacy Policy

Business Insider. 257 Park Avenue South, New York, NY 10010
 

Sailthru
 

 

No comments:

Post a Comment