Reducing Costs | Expense8

Health Check Your Expense Processes

Posted on December 17, 2015by Ben Brockhoffno responses

Posted in Compliance, Efficiency, Expense, Management, Policy, Reducing Costs, Resources

RISK!!! Now that I have your attention, allow me to clarify. The integrity of your organisation’s credit card scheme may be at jeopardy, or even worse, the integrity may have already diminished completely. It’s no secret that credit cards represent a significant advancement in the corporate accounts payable sphere. They’re an evolution of corporate spending capability that has both simplified payment processing and empowered employees to act in their jobs with far less red tape than ever thought possible. Unfortunately, nothing is perfect, and corporate credit cards

Should Your Organisation Reduce Usage of Credit Cards?

Posted on November 11, 2015by Ben Brockhoffno responses

Posted in Efficiency, Expense, Management, Productivity, Reducing Costs

“We are actually looking to reduce the number of cards in the company” I have worked in the finance IT industry long enough to know that different organisations implement processes based on different internal challenges and environmental idiosyncrasies. The purpose of this post is not to suggest that ‘one size fits all’ in finance process terms. Instead, I wish to assert that best practice for accounts payable processing indicates that credit card adoption should be increasing for most organisations – certainly not decreasing. Procure to Pay

3 Major Travel & Expense Management Challenges of the Next Ten Years

Posted on November 4, 2015by Ben Brockhoffno responses

Posted in Automation, Efficiency, Expense, Management, Reducing Costs, Travel

Travel and Expense Management has evolved a great deal in the last ten years, with many technological advancements being developed to simplify the overall process. I do believe the next ten years will be even more exciting, with the likes of Google and Apple really starting to drive innovation in the payments sphere, and our company Expense8 heavily focusing on how corporate travel processes can be modernized. Philosophical excitement to the side, various challenges will need to be addressed. Some will be left to the brainy

Unleashing the Power of Analytics in Expense Management

Posted on October 1, 2015by Andrew Bondno responses

Posted in Efficiency, Expense, Management, Productivity, Reducing Costs, Travel

For most businesses, expenses form a significant cost. And while most organisations now see the benefit in a Travel and Expense Management solution in reducing costs and increasing efficiency, many leave it at that. Likewise, the power of data analytics has become a part of everyday life in most organisations, yet most organisations have yet to put the two together and harness the true value of a Travel and Expense Management solution. Here are the top 5 things that organisations who don’t utilise corporate card

Category: Reducing Costs

Health Check Your Expense Processes

Should Your Organisation Reduce Usage of Credit Cards?

3 Major Travel & Expense Management Challenges of the Next Ten Years

Unleashing the Power of Analytics in Expense Management

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