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Balancing automation and compliance in expense reporting

Xero

For example, when it comes to managing expenses, manual expense tracking and paper-based processes can lead to errors, delays, and inefficiencies. On the other hand, automating every aspect of expense reporting without proper checks and balances can potentially result in compliance issues too.

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What is an Expense Report & How to create it?

Nanonets

Let me start by defining the expense report. An expense report is made for recording and reporting all the expenses made by the company during the month, quarter, or year. However, this report also includes all the purchases and taxes paid during the period. What is an expense report?

professionals

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How digitalisation can make your practice invaluable to your clients

Xero

This is a guest post by Lara Mulady, Senior Content Strategist at Pleo – an end-to-end expense management solution that seamlessly integrates with Xero. . In just a few clicks, you can see reports, insights and digestible analytics enabling you to strategically work together with your clients face to face. .

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Takeaways from the AICPA Controllers Conference, what’s new at Xerocon London, and how AI is catching expense report fraud

Cloud Accounting Podcast

Xero’s half year 2019 financial & operating results — Xero Blog — Xero is up to 1.6 Xero increases dominance of cloud accounting with 37 per cent growth — Canberra Times — Xero has 981,000 subscribers in Australia and is growing quickly in the United Kingdom, where it increased subscribers by 40 per cent to 355,000.

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Xero wants to change the definition of “accountant,” Expensify drops the first rap video about expense reports, meanwhile EY’s own expense app is “hot garbage,” and more

Cloud Accounting Podcast

— Kelly Mann (@TheCPAMann) January 24, 2019 Why we are calling for the definition of the word ‘accountant’ to be changed — XeroXero is calling for The Oxford English Dictionary to "change its out of date definition of the word ‘accountant’ to something that truly reflects what it means to be an accountant in 2019."

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147 Cloud Accounting Software Apps: The Big List

Future Firm

Invoicing, bank reconciliations, bank and credit card feeds, financial reporting, managing accounts payable and accounts receivable, multi-currency, and the ability to connect to 100’s of 3rd party apps to help small businesses automate all parts of the accounting process. 14) Expensify Have employees that need expense reports generated?

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How Automated Workflows Can Speed Up Expense Approvals

Spenmo

The amount of expense The expense category 3) Create multiple workflows according to your expense policy Set up multiple custom workflows that suit your team's needs or duplicate existing ones to speed up the process. If you're not using Xero, you can export transactions and bank statements to your preferred accounting software.

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