“You have to spend money to make money”. This oft-quoted (and somewhat cliché) idiom is an old business adage that basically says investment is necessary to generate more income. Good investments generate more income, that’s true. And that’s what the idiom generally refers to. But in some cases, this idiom is more literal than you […]
Turning Expenses Into Revenue Read More »
In last few years, the travel industry has seen an influx of innovations — all of which rely on the newest trends in technology. These trends are changing the way people plan their travel, how they travel, and their overall traveling experiences. If you run a business that involves a great deal of travel and travel
How Tech Innovations in Travel Can Trip Up Your P-Card Program Read More »
If your company has benefited from your P-Card program, you aren’t alone. According to the Institute of Commercial Payments (IOCP), switching from a traditional means of handling expenses to a P-Card system can mean efficiency savings that range from 55 percent to 80 percent of the traditional process cost.
Outsourcing Your Way to P-Card Program Growth Read More »
T&E expenses are tough to control. Find out about five fraud tactics that could be hiding in travel expenses and how to lighten the load to detecting expense fraud.
5 Expense Fraud Tactics with Tips to Find Them in Business Travel Read More »
Find control and stop the overspending through greater visibility and oversight into the business expenses.
Using Proper Visibility to Avoid Overspending Read More »
Several methods have been constructed over the years to combat poor documentation practices and difficulties in receipt submissions. In this blog post, we will describe the strengths and weaknesses of some different approaches put forward. 100% manual review 100% manual review is fully constrained by human limitations. If the person, or people, responsible for your
Common Methods of Receipt Reconciliation Read More »
