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Wednesday,
October 23, 2013
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Why
Aren't Businesses Automating Their Expenses?
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As a senior member of your business, you've got
a lot of things you need to work on. You're asked to improve
productivity, boost the bottom line, keep employee morale high, and
predict future costs and budgets.
The one thing you won’t be asked to fix is expense reporting — even
though it affects all other areas of your company. That's because most
businesses seem to think spreadsheets are “good enough” for expense
reporting, despite the fact that they're disconnected from a central
reporting system.
Leaders who need to make smart decisions that will move their
organization forward should recognize their expense reporting problem
and do something about it. When you fix this seemingly small part of
your business, you can do everything from controlling costs in Q4 to
making your employees happier with their jobs.
When you bring a cloud-based system to your company, you can improve:
- Operational efficiency
- Revenue growth
- Compliance
- Cost containment
- Fraud and risk
- Visibility
According to the Aberdeen Group, companies that
use automated expense reporting have 50% lower processing costs than
those that don't.
No one will ask you to fix expense reporting. But everyone in your
company will be happy that you did. Don’t wait to be asked. Learn how
to run a smarter business and make employees happier. Read Concur's Expense Management
in 5 Steps: The “Don’t Wait To Fix It” Guide.
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This message
is presented on behalf of Concur.
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