Stop Your Organization from Being Hacked
According to a recent Homeland Security Department report, checking in from your home computer leaves big companies vulnerable to hackers, who scan corporate systems looking to find the remote access software that lets employees look at the system while they are not on the job site.
Expense Management, Fraud, SaaS and Cloud for APWhat’s Organizational Clutter and Why Should You Care?
Is the complexity of your office environment making business more difficult? Clutter can be defined as scattered items or, for businesses, disordered processes that impede or reduce organizational effectiveness, productivity and revenue. The manufacturing industry has spent decades de-cluttering their factory floors, machining processes and assembly techniques. Today, unfortunately this is no longer limited to manufacturing; the typical office environment has extreme organizational clutter.
Expense ManagementIs Your CFO a Professor? Why Corporate Financial Literacy Matters
Let’s face it; even though the concept of company-wide financial transparency was introduced more than two decades ago, not all executives are ready to open the books for all employees. More forward-thinking executives, ones who embrace data, feel an open-book management strategy boosts employee engagement and can generate higher profits.
For CFOsExpense Reporting: Don’t Manage Every Nickel and Dime
If the news that close to half (42%) of the 958 travel managers polled in the 2014 AirPlus International survey are bracing for significant increases in travel costs has you tempted to go back to micromanaging every nickel and dime – doling out travel vouchers like they were a precious commodity – you might want to rethink that strategy.
Expense Management, Expense ReportsWhy CFOs Can’t Sleep At Night…
What keeps a CFO awake at night and prevents them from getting a good night’s sleep? Certainly, CFOs have a lot of issues and stresses to deal with. A recent study compiled a list of the biggest issues facing today's CFO. Addressing these issues appropriately can help propel a company into a higher earnings bracket and relieve upper management stresses.
For CFOsTravel Managers’ Concern? A More Efficient Expense Management System
Electronic invoicing and mobile payment options are among the hottest trends in business today. Although many travel managers are familiar with these payment technologies, they don't see implementing them as a priority. Their concern lies instead with optimizing their company’s expense management system, according to a recent survey by the Global Business Travel Association (GBTA). Results of this survey also showed that expense managers were much more interested in recording or imaging receipts and collecting travel data in one single database than adding mobile payment options to their travel management mix.
Expense Management, Fraud5 Easy Steps To Take Your Office Nearly Paperless
In our current digital age, you might think going paperless is all the rage. However, paper still seems to be cluttering a good number of workspaces. Regardless of where your company is on the paperless continuum, going paperless can make your office more efficient, isn’t that difficult, and does not cost absurd amounts of money. It can also offer your business good PR and good ROI. Here are five tips to help get you thinking and acting in a paperless mindset.
Expense Management, For Travel ManagersExecutive Survey - T&E Expenses near Top of ‘Hard to Control’ Costs
Earlier this year, Forrester Research surveyed 348 financial decision-makers around the globe regarding corporate expenses. Almost a quarter of executives tallied indicated that Travel & Entertainment (T&E) expenses were one of the top three most challenging operating expenses to control - second only to maintenance expenses.
Expense Management, Expense ReportsBig Data: Don’t Be a Hoarder
The buzzword floating around companies and their IT departments today is Big Data. The predominant thinking is that there is value in ‘data’ and companies should store as much data as possible. Accordingly, many firms now save almost all their data for data mining purposes. Frankly, this approach is at the least unnecessary and at the most overkill.
For CFOsPredictive Analytics: Is The ROI As Impressive As It Seems?
Predictive analytics, or the sifting through of company data in order to highlight important patterns to make predictions and better decisions, is currently a hot topic in the business world. Advocates believe this approach holds great potential especially with a recent report from Nucleus Research suggesting that predictive analytics helped Mueller Inc.obtain a 248 percent ROI on new packaging equipment after investing in and using IBM's SPSS Modeler technology.
Expense Analytics and Reporting, For CFOsSearch
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Our choice of Chrome River EXPENSE was made in part due to the very user-friendly interface, easy configurability, and the clear commitment to impactful customer service – all aspects in which Chrome River was the clear winner. While Chrome River is not as large as some of the other vendors we considered, we found that to be a benefit and our due diligence showed that it could support us as well as any large players in the space, along with a personalized level of customer care.
We are excited to be able to enforce much more stringent compliance to our expense guidelines and significantly enhance our expense reporting and analytics. By automating these processes, we will be able to free up AP time formerly spent on manual administrative tasks, and enhance the role by being much more strategic.