Business People Club

Search All Topics !

How to prepare business expense reports?

0 like 0 dislike
240 views
by BouncyOracle
How to prepare business expense reports?

Please log in or register to reply to this post.

1 Comment

0 like 0 dislike
commented by KeyboardPie
Business Expense Reports are the records of all the expenses incurred by the employees, top level to supervisory level, during their business visits on behalf of the companies. For this purpose, the business organizations should have standard business expense report forms. Nowadays, most of the companies are implementing web-based expense report software like Expense Management Automation (EMA), which automates and quickens the submission, approval and reimbursement processes of the business expense reports.

According to Aberdeen’s research group, EMA helps the business organization in reducing the time required for filling up the expense report by 60%, in decreasing the cost of processing a business expense report by 80% and also in cutting the time required for meeting the claim by 90%. This particular software is supplied by a large number of companies, namely Acceleron, PeopleSoft, SAP, Gelco, Oracle, etc. This software integrates all the processes starting from completing the expense report to receipt processing.

It is true that the employees’ expenses during their business visits occupy a vital role in the total expenses of the business organizations after salaries. According to one survey conducted by a popular Boston-based research organization, it is reported that for every five dollars a company spends, one dollar will be towards employee travel expenses. So companies are taking a very hard look at these expenses. It is observed that most of the business executives are relying on the travel agencies and credit card companies like American Express and Visa International for travel arrangements like ticket booking, hotel accommodations, etc. But, instead, if they make all these arrangements online, there would be a significant cost savings. As per one research survey, such online activity can cut costs by 20 percent. Therefore, online systems are a cost-effective means of controlling travel-related expenses. For trimming the costs, some companies committing to employee-friendly travel policies with their favorite carriers, who will offer discount rates.

Related posts

0 like 0 dislike
0 comments 200 views
Business loan and how to acquire it

Business loan can cater to your each and every aspect of your business. The urgent requirement of funds for your business can be ... a business loan and expand your business, the way you want.

by Cybora
0 like 0 dislike
1 Comment 617 views
0 like 0 dislike
1 Comment 282 views
How to automate your business with autoresponders?

How to automate your business with autoresponders?

by PlushSeal
0 like 0 dislike
0 comments 275 views
How to go The Extra Mile to Business Success?

You cannot fail when you give more than 100 percent. In whatever endeavour you are doing, always give more than one ... most important task right now - keeping your existing customers satisfied.

by AmazingKitty
0 like 0 dislike
1 Comment 355 views
How to Formulatie Legitimate Internet Business Enterprises?

How to Formulatie Legitimate Internet Business Enterprises?

by Dingopher
0 like 0 dislike
1 Comment 240 views
How to create a Business Strategy?

How to create a Business Strategy?

by Celestiger
0 like 0 dislike
1 Comment 245 views
How to manage your business systems?

How to manage your business systems?

by HuggingDuck
0 like 0 dislike
1 Comment 826 views
How to look for business opportunities?

How to look for business opportunities?

by TrainedGuy
0 like 0 dislike
1 Comment 246 views
How to choose a reliable Business Broker?

How to choose a reliable Business Broker?

by HarmlessRose
0 like 0 dislike
1 Comment 262 views
0 like 0 dislike
1 Comment 800 views
0 like 0 dislike
1 Comment 248 views
How to write a business plan?

How to write a business plan?

by PlaySeal
0 like 0 dislike
1 Comment 513 views
0 like 0 dislike
1 Comment 927 views
0 like 0 dislike
1 Comment 248 views
0 like 0 dislike
1 Comment 238 views
How to Inform Employees When You Sell a Business?

How to Inform Employees When You Sell a Business?

by Octopixy
0 like 0 dislike
1 Comment 236 views
0 like 0 dislike
1 Comment 229 views
How to Build a Customer Focused Business?

How to Build a Customer Focused Business?

by Sumogre
0 like 0 dislike
1 Comment 237 views
How to Expand your Business by Leaps and Bounds?

How to Expand your Business by Leaps and Bounds?

by HuggingDuck
0 like 0 dislike
0 comments 182 views
Start Internet Business – Learn How Easy It Is

If you want to start an Internet business, the best place to start is of course the Internet. You can find everything you need to plan your ... ? It's not that hard there are well known ways to do it.

by HairySeahorse
0 like 0 dislike
1 Comment 235 views
How can corporate events help your business?

How can corporate events help your business?

by MysteryWasp
0 like 0 dislike
1 Comment 228 views
How Factoring Companies Can Help Your Business Succeed?

How Factoring Companies Can Help Your Business Succeed?

by Celestiger
0 like 0 dislike
1 Comment 241 views
How Can A Timesheet System Help Your Business?

How Can A Timesheet System Help Your Business?

by OpinionOwl
0 like 0 dislike
0 comments 468 views
8 Ways to Avoid Litigation When You Sell a Business

Based on recent litigation storm clouds, business owners planning exit strategies better batten down their legal hatches. As a ... to minimize your litigation risks and reap the benefits later.

image
by TwinNut
0 like 0 dislike
0 comments 247 views
7 Ways To Advertise Your Business For Free

. Free directories: directories are perfect for customers that are searching for a particular topic. What's great about them is ... for a recipe swapping group when you are advertising shaving cream.

image
by ShowDolphin
0 like 0 dislike
0 comments 722 views
7 Tips to Starting a Successful Small Business

Getting a small business off the ground is challenging to say the least. Here are some tips which will prepare the ground for ... this? Understand that in every problem there is potential for good.

image
by Mosquiche
0 like 0 dislike
0 comments 187 views
10 Effective Ways To Reduce Your Business Costs

1. Barter If you have a business you should be bartering goods and services with other businesses. You should try to trade for something before ... quality. Don't just be satisfied with a few. ----

image
by Sassassin
0 like 0 dislike
0 comments 198 views
Five Steps to Create a Budget for your Small Business

How I hate budgets! Every time an accountant told me to put together a budget for my company, my response was - When ... Have systems in place to increase revenue and decrease expenses as necessary.

by UncleRhino
0 like 0 dislike
0 comments 183 views
Business Tools to Help You Run a Successful Business

When setting up a business, even the best prepared among us will struggle to do everything and remember everything. It is very unlikely ... to get the right tools will pay off time and time again.

by VirtualAssassin
0 like 0 dislike
0 comments 918 views
Ways to expand your business

Email marketing is an effective way of reaching out to your target audience. It is a cost effective and time effective tool of ... spam mails. The standard parameters are followed to avoid spam mails.

by Knighthawk
0 like 0 dislike
1 Comment 244 views
is it good idea to have 50/50 equity business partnership ?

is it good idea to have 50/50 equity business partnership ?

by BumblingBee
0 like 0 dislike
0 comments 261 views
Guide to business and data trends

If one factor is to be named on which today's business world stands it is undoubtedly the data management system of ... loss are worth being considered for long term gains of business houses

by Explorer
0 like 0 dislike
0 comments 772 views
Free Counseling And Advice Every Startup And Growing Business Needs To Succeed?

Business counseling fees can be extremely expensive and not knowing where to turn for business advice can be a significant waste of ... all fit into the SBA's Office of Entrepreneurial Development.

by Richard S.
0 like 0 dislike
1 Comment 306 views
Converting Independent Business To Franchise?

Converting Independent Business To Franchise?

by FatKomodoDragon
0 like 0 dislike
1 Comment 286 views
0 like 0 dislike
1 Comment 385 views
How to Build a Retail Store that is Made to Last?

How to Build a Retail Store that is Made to Last?

by Butcherry
0 like 0 dislike
1 Comment 328 views
How to stay competitive In the 21st century ?

How to stay competitive In the 21st century ?

by GardenParrot
0 like 0 dislike
1 Comment 244 views
How to start a LLC company?

I want to start a llc company. Looks like process is very complicated. Any tips? I want to start in new york state.

by nicejone
0 like 0 dislike
0 comments 185 views
How to manage my customers?

I am having issues managing my customers. How can i manage my customers effectively?

by Finderpros
0 like 0 dislike
1 Comment 293 views
How to Combine Work And Leisure While On The Road?

How to Combine Work And Leisure While On The Road?

by Dragonig
0 like 0 dislike
1 Comment 334 views
How to find a Restaurant Equipment Supplier Crucial for New Restaurant Owners ?

How to find a Restaurant Equipment Supplier Crucial for New Restaurant Owners ?

by PlushSeal
0 like 0 dislike
1 Comment 314 views
How to find a Direct Manufacturer?

How to find a Direct Manufacturer?

by Emufasa
0 like 0 dislike
1 Comment 392 views
How to Find The Best Merchant Account?

How to Find The Best Merchant Account?

by GamerAlpaca
0 like 0 dislike
1 Comment 222 views
How to Convert leads into clients and boost your sales?

How to Convert leads into clients and boost your sales?

by LoyalChief
0 like 0 dislike
1 Comment 229 views
How to contract manufacturing? How to do it the right way?

How to contract manufacturing? How to do it the right way?

by Herogue
Connect with us:
...