During the festive season it can be easy for expenses to get out of control, particularly if you are entertaining clients. It’s also a stressful time for those responsible for the finances as they try to process all reports in time for the end of the year. However, you can significantly reduce this stress by using an automated expense management system.
Shifting from spreadsheets to an automated expense solution can make it a lot faster and easier to get expenses finalised before the end of the year, improving business efficiencies and daily operations. In so doing it eliminates the heavy workload often placed on the finance team in the lead-up to Christmas.
There are five ways organisations can alleviate expense management stress over the holiday period:
Getting expenses done before Christmas can make life a lot easier when returning to work in January. Moving to an automated expense management solution provides value across the board. It decreases the amount of stress and paper on desks, and improves efficiency for both employees and finance officers.
Matt Goss, Managing Director, Concur