An efficient and streamlined travel and expense management solution can do wonders for the company. Aside from reducing costs, maintaining budgets, and ensuring compliance, a simple and convenient solution can also boost employee morale. Read more
Business travel is a necessary part of business development and operations, especially in our increasingly global landscape.
However, employees often find reporting their business travel expenses a major pain point. This is because business travel accounts may be a time-consuming process and in fact, some processes may even take longer than the trip itself. Read more
It’s a fact–every business or organization will have to deal with expenses. And these expenses have to be recorded, reported, and processed. These have to be verified as well.
However, despite the times and technologies we have today, there are companies that still rely heavily on paper-based and manual expense reporting. Many employees may not complain as they are used to the way they have always done things. However, what they don’t know is that they may be missing out on so many things. Read more
Employee travel and expense management can be complex and time-consuming. If the system is slow and inefficient, as well as fraught with errors, it’s not an ideal situation. In fact, far from it. There are many disadvantages to ineffective expense management that can cost both the employees and the company in the long run. Read more
In today’s constantly changing corporate landscape, you may be required to travel by your company, whether locally or abroad. This could be due to a variety of reasons, such as meetings, courtesy calls, business development, or project execution, to name a few.
Whatever it is, for every employee who travels for the company, the company incurs costs that could easily add up if you look at the bigger picture. This is why these companies have travel guidelines and protocols in place, especially when employee reimbursements are involved.
Get to Know Your Company’s Travel Expense Policies
Companies of all sizes have expense policies that guide their employees in their travel and expenses for the business. There may be times that you yourself may have been told off regarding a reimbursement, that it is not claimable. You may even have disputed some claims along the way.
The thing is, there’s actually quite a number of guesswork, confusion, and frustration when it comes to misunderstanding these expense policies. This could be due to the system itself, a conflict with the policies, or you may have provided insufficient data to back your claims.
While every company has expense management systems in place, having a dated one can also affect the turnaround time for reimbursements. In the long run, the delays could cost the company.
Follow These Do’s and Don’ts
Whatever system you have in your organization, as an employee, it’s important to know what your privileges and limitations are.
To help you out, here are some Dos and Don’ts for employees when it comes to business travel and expense claims.
- Familiarize yourself with your company’s expense policies
- Save your expense receipts and keep them organized in one place
- Keep a copy of your expenses or receipts at all times, whether as a photocopy or on your phone, if in case you lose your actual paper receipts
- Submit your expense report as soon as you incur your expense
- Don’t ask for reimbursements for personal services or expenses that you may have incurred during your business travel
- Avoid overspending for things or situations that don’t warrant it while you’re on your business trip. If you’re not being conscious of your company’s funds or budget, this will be found out sooner or later
- Don’t hold your expense reports and reimbursement claims for a long time and submit them weeks or months later
Go Digital and Paperless!
These days, there are many expense management solutions that leverage on the latest technology to give you and your company the best features. Just like Gorilla Expense!
With Gorilla Expense, your expense management system will be seamlessly upgraded to address your organization’s needs. Using the latest technology, it makes it easier for company employees like you to keep track of expenses, store receipts, submit claims, and track approvals–all within one app. Whether cloud-based or in-premise, you can be sure that Gorilla Expense takes the hassle off expense reporting to ensure you get your reimbursements–minus all the frustration.
You can even use Gorilla Expense while on-the-go, without having to look for a PC or lugging around your laptop with you. Right within your smartphones, you can use the app to help you be on the move while ensuring that your expenses are tracked.
Project-driven businesses face many unique challenges. From different rates to multiple contractors, from client-specific considerations to simply meeting deadlines, it’s important for these organizations to get all the help they can get. This is especially true in one area of finance that even product-based businesses have a difficult time–and that is expense reporting. While many […]
Today’s dynamic corporate environment is becoming more and more global. Organizations all over the world must keep up with the latest technologies and the demands that go with these. Business performance and productivity goes hand in hand with insights and initiatives that help move the business closer to its goals.
And all these become better when they happen in real time.
And this is where Gorilla Expense comes in. Read more
Whether it’s an online startup or a full-fledged business organization, there will always be expenses. The scales may be different, but they’re there. And they have to be dealt with, sooner rather than later.
While there are companies that use Excel or expense management software for their expense reports, there are still many who rely on manual and paper-based reporting. Read more
With our increasingly global business landscape, it’s much more common today for employees to travel for work. Whether it’s for attending a meeting, meeting business associates, pitching for an investor in another part of the world, or visiting a remote branch, travel is part of how a business operates and grows. Read more
Why Customers Love Our Solution
High User Adoption
Fastest & Most Accurate Receipt Scan Engine. Period.
Features + Security = Enterprise-Grade Solution
Included Integration with Back-end Accounting Systems- No Third Party to deal with
Included Responsive Support
No Long Term Contracts Or Overage Penalties.
Pay Per User or Pay Per Report
3870 Peachtree Ind. Blvd,
Sales Inquiries: firstname.lastname@example.org
General Questions: email@example.com
- Gorilla Expense Makes Credit Card Reconciliation a Breeze
- Gorilla Expense wins the Top Member Award by ERP Cloud Blog
- Cut Back On Unnecessary Costs With Essential Expense Reporting Features
- Easily Add Details to Receipts with the Receipt Tag Tool
- Attach Multiple Page Receipts to Expense in One Go
- Gorilla Expense is Now a Preferred Microsoft Expense Management Solution
- Match and Merge Receipts to Credit Card Expenses using Auto-Attach