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The Best Ways to Simplify Your Expense Reports

NextProcess

Travel and entertainment or travel and expense (T&E) payments account for up to 12% of many companies annual budgets. For most companies, managing these expenses involves employees submitting receipts and filling out reports, and then other employees laboriously processing those reports before issuing reimbursement.

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Investing Tech Budget in Business Process Automation

NextProcess

Last fall, a Gartner survey of 301 senior finance leaders found that 77% of the respondents planned to increase their tech budgets in 2025. Of those CFOs and other leaders, 47% of them said they planned to increase the technology budget by 10% or more. The truth of that statement is reflected in the budgeting priorities of modern CFOs.

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2023-2024: Top 10 Expense Management Tools

Invoicera

Here’s why they’re essential: Efficiency and Accuracy: Expense management tools automate many aspects of the process, reducing the need for manual data entry and the risk of human errors. This saves time and ensures that expense reports are more accurate. All your data is encrypted to keep it safe.

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Top Strategies to Optimize Accounting for Your Ecommerce Business Success

CapActix

Software such as Avalara and TaxJar integrate smoothly with your ecommerce accounting software to compute, tally, and pay sales tax based on the policy of each jurisdiction. Streamline Expense Reporting and Cost Management Accurate tracking of expenditures is part of effective accounting services for Internet stores.

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Here’s How BPA Software Can Help Your Company Manage All Types of Expenses

NextProcess

CapEx Management Software Capital expenses (CapEx) can include large single purchases, like company vehicles or computers, or they can include large-scale capital projects. In both cases, CapEx is different than operational expenses (OpEx) because these assets depreciate over several tax years.

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Accounts payable controls

Accounting Tools

Payables controls are aggregated into three general categories, which are verifying the obligation of the business to pay, entering the payables data into the computer system, and paying suppliers. Related Articles Accounts Payable Controls (podcast) Expense Report Controls (podcast) Procurement Card Controls (podcast)

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Payables clerk job description

Accounting Tools

Must be detail oriented and comfortable using computer-based accounting systems.