Typical Challenges
- Manual collection and tracking of all receipts
- Problems with finding and categorizing the receipts
- Expense reports are filled out and submitted manually
- Lack of visibility to expenses
- Risk of errors, non-compliance and fraud
- Inability to track travel expenses for specific projects
- Delays in processing and reimbursing the expenses
The Solution What if you could submit all the receipts from restaurants or airport coffee shops on-the-go, and start the reimbursement process right away? Using a mobile device, a traveler can capture and submit the expense information right at the point of transaction, and trigger the reimbursement process immediately.
- Intelligently captures receipts, in various formats: paper receipts - image captured with mobile phone, such as your iPhone and Android, email, email attachments, receipts stored in the cloud...
- Processes receipts in multiple languages and currencies. Supports various country specific tax and VAT requirements.
- Automatically classifies the expense type, for example: meal, ground transportation.
- Automatically creates transactions in ERP. Integrated with ERP system, such as Oracle E-Business Suite, PeopleSoft, JD Edwards.
- Allows allocation of the expenses to specific projects, to track spend relevant to these projects.
- Receipts' images can be stored in a cloud repository, such as Box.
Business Benefits
- Capture receipts on-the-go, no need to keep track and organize them manually.
- Capture with a mobile device, email - any way that's convenient for you.
- Submit your expenses immediately - to get reimbursed faster.
- Make your expenses visible to the approver, in real-time.
- Enable transparency to business spend, to help prevent errors and fraud.
- Provide visibility to project-related spend - so that the expenses can be immediately allocated to the right project.
- Easily manage your international travel expenses - with multi-currency, multi-lingual receipt submission and processing.
- Improve compliance with company policy and regulatory requirements.
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