Business People Club

How to prepare business expense reports?

0 like 0 dislike
287 views
in Articles by BouncyOracle
How to prepare business expense reports?

Your comment

Your name to display :
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:
To avoid this verification in future, please log in or register.

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 2,436 views
0 like 0 dislike
0 comments 1,036 views
0 like 0 dislike
0 comments 749 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.

in Articles by HairySeahorse
0 like 0 dislike
0 comments 249 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.

in Articles by Cybora
0 like 0 dislike
1 Comment 856 views
0 like 0 dislike
1 Comment 340 views
How to automate your business with autoresponders?

How to automate your business with autoresponders?

in Articles by PlushSeal
0 like 0 dislike
0 comments 799 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.

in Articles by AmazingKitty
0 like 0 dislike
1 Comment 463 views
How to Formulatie Legitimate Internet Business Enterprises?

How to Formulatie Legitimate Internet Business Enterprises?

in Articles by Dingopher
0 like 0 dislike
1 Comment 288 views
How to create a Business Strategy?

How to create a Business Strategy?

in Articles by Celestiger
0 like 0 dislike
1 Comment 283 views
How can corporate events help your business?

How can corporate events help your business?

in Articles by MysteryWasp
0 like 0 dislike
1 Comment 294 views
How to manage your business systems?

How to manage your business systems?

in Articles by HuggingDuck
0 like 0 dislike
1 Comment 1,416 views
How to look for business opportunities?

How to look for business opportunities?

in Articles by TrainedGuy
0 like 0 dislike
1 Comment 293 views
How to choose a reliable Business Broker?

How to choose a reliable Business Broker?

in Articles by HarmlessRose
0 like 0 dislike
1 Comment 322 views
0 like 0 dislike
1 Comment 1,274 views
0 like 0 dislike
1 Comment 298 views
How to write a business plan?

How to write a business plan?

in Articles by PlaySeal
0 like 0 dislike
1 Comment 730 views
0 like 0 dislike
1 Comment 1,546 views
0 like 0 dislike
1 Comment 311 views
0 like 0 dislike
1 Comment 295 views
How to Inform Employees When You Sell a Business?

How to Inform Employees When You Sell a Business?

in Articles by Octopixy
0 like 0 dislike
1 Comment 277 views
0 like 0 dislike
1 Comment 277 views
How Factoring Companies Can Help Your Business Succeed?

How Factoring Companies Can Help Your Business Succeed?

in Articles by Celestiger
0 like 0 dislike
1 Comment 282 views
How Can A Timesheet System Help Your Business?

How Can A Timesheet System Help Your Business?

in Articles by OpinionOwl
0 like 0 dislike
1 Comment 275 views
How to Build a Customer Focused Business?

How to Build a Customer Focused Business?

in Articles by Sumogre
0 like 0 dislike
1 Comment 282 views
How to Expand your Business by Leaps and Bounds?

How to Expand your Business by Leaps and Bounds?

in Articles by HuggingDuck
0 like 0 dislike
0 comments 353 views
0 like 0 dislike
0 comments 1,454 views
Equipments necessary for starting a business in the production of labels

The labels cover a large range of products for which they are destined, and this determines the existence of several types of label ... must be chosen according to the target market that we refer to.

in Articles by FatKomodoDragon
0 like 0 dislike
0 comments 1,088 views
Business – Strategy and Execution

Every company aims to formulate good strategy and execute that strategy well. But many times it is found that it was ... strategy makers and the executors will ultimately decide the final outcome.

in Articles by Scorpeon
0 like 0 dislike
0 comments 1,110 views
Plant a Seed and Watch Your Business Grow

Do you have all the business you could possibly want or need? If you're like me, you're still growing your business. Marketing ... into action...and watch your business grow by leaps and bounds!

in Articles by nicejone
0 like 0 dislike
0 comments 475 views
Build a strong business with strong customer relationships

Most businesses spent time attracting customers to a product or service, trying to win their trust and then ending the whole process with ... with them. If you neglect them, they will go elsewhere.

image
in Articles by Cybora
0 like 0 dislike
0 comments 559 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
in Articles by TwinNut
0 like 0 dislike
0 comments 262 views
4 Instant Tips for Running a Successful Internet Business

Running an internet business is not a difficult task; but running a successful internet business can be a bit more difficult. There ... business, but to be successful you will have to be determined.

image
in Articles by AfternoonFay
0 like 0 dislike
0 comments 234 views
9 Marketing Credos for a Thriving Business

1. Differentiate or Die! You Must Stand Out From the Pack. Don't become another me too option for your prospects to choose ... for you. © 2005 Online Marketing Muscle -- All Rights Reserved.

image
in Articles by Octopixy
0 like 0 dislike
0 comments 299 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
in Articles by ShowDolphin
0 like 0 dislike
0 comments 1,419 views
7 Points In Finding A Home Business

There is so much information online it's amazing. You find something that interests you and you request information and then you ... use this information to find what you are looking for, freedom.

image
in Articles by OpinionOwl
0 like 0 dislike
0 comments 1,318 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
in Articles by Mosquiche
0 like 0 dislike
0 comments 247 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
in Articles by Sassassin
0 like 0 dislike
0 comments 239 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.

in Articles by UncleRhino
0 like 0 dislike
0 comments 290 views
Key Employees can and will leave your Business, are you prepared?

Very few businesses can claim to be prepared for the loss of key employees. Quite often it is an unexpected and unplanned for ... of the problems that occur when key employees leave your business.

image
in Articles by nicejone
0 like 0 dislike
0 comments 227 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.

in Articles by VirtualAssassin
0 like 0 dislike
0 comments 463 views
The Importance Of Business Plan

Do you need more money to expand your business? If yes, you need a business plan. If you are starting a business, despite the ... Make it a priority to have this crucial road map for your business.

in Articles by MammothMoth
0 like 0 dislike
0 comments 1,531 views
The Benefits of Business Improvement Programs

By attending to an effective, well-structured Business Improvement Program (BIP), business owners are able to learn elaborate, ... rapidly enhance the efficiency and the prosperity of your business.

in Articles by OpinionOwl
Connect with us:
...