Expense Reporting | on demand!

Apptricity expense management application

Automating expense reporting and management reduces data entry errors, minimizes time spent on expense reports and dramatically shrinks reimbursement turnaround time. Automation can slash processing times by as much as 80 percent—from weeks to days, which, in turn, dramatically reduces processing costs.

Travel and entertainment (T&E) is widely regarded as one of the largest controllable indirect expenses for organizations, yet the cost of business travel is rising and demand remains high.* Businesses looking for new ways to reduce T&E expenses are discovering the key to expense management success is automation.

Apptricity Expense Reporting | on demand automates expense reporting from report creation to employee reimbursement and simplifies the entire approval and payment process. This speeds the process of creation, routing, approval and reimbursement, and creates clear, concise auditing of all expense reports. Expense policies are dictated by expense categories and exception-based business rules that ensure that discrepancies are clearly identified and routed to the appropriate approval manager instantly.

By implementing the Apptricity hosted expense management application, you get all the robust features and capabilities of our licensed applications with minimal, up-front investment. You don’t have to purchase servers or expensive software licenses and your company is not burdened with maintenance costs and user training. This allows you to regain an instant return on investment (ROI) and maintain low operating costs.

Apptricity Expense Management benefits:

• Decrease report entry time by more than 60%
• Decrease average cost to process an expense report more than 80%
  
• Decrease time to settle an expense claim more than 90%
  
• Reduce off-contract spending
• Improve your contract price negotiation with suppliers
• Reduce error-prone manual data entry
• Improve corporate compliance

Apptricity Expense Management features:

• Multiple input sources such as: spreadsheet, e-mail attachment, credit card upload, or manual entry
• Auto-population of credit card transactions from corporate credit cards, purchasing cards or personal cards
• Automatic attachment of electronic, scanned and fax-to-image receipts to expense reports
• Auto-population of recurring expenses (e.g., cell phones, internet service)
• View approval and payment status via web interface
• Automated real-time exception notification for non-compliant purchases
• Global support for multiple currency and VAT reclamation
• Permanent audit trail of the transaction history
• Comprehensive budgeting and audit functionality for increased internal control
• Documented proxy capability for authorized employees to enter and/or approve expense reports
• Rules-based workflow with customizable exceptions for business managers and electronic routing for approvals