mounikachityala@merufintech.net

For a company of any size, business finance management is one of the keys and at the same time most problematic tasks. If you must execute every process from keeping and scanning receipts to approving expired money and ensuring adherence to the company’s economic policies manually, it is high time to become more efficient. The […]

Managing employee expenses is one of those business processes that seems simple on the surface but quickly becomes complex as an organization grows. Receipts are piling up, policies are misinterpreted, approvals create traffic jams, and the finance team cannot control and see. And this is where the well-structured expense report approval of workflow becomes a must.

If we consider cash flow visibility, it is one of the critical components of financial sustainability for any organization. Unfortunately, most of them face issues with their expense tracking and still use expense reports with delays, spreadsheets, or unrelated software. This lack of rapid and clear information makes it impossible to manage budgets properly, control

How an organization manages its expenses is one of the first and foremost useful things they must focus on. Otherwise, they do not control costs, ensure compliance, or make decisions about accurate, comprehensive reports. Even from small startups to rapidly growing companies, every transaction must be tracked, and accurate records kept, as each penny accounts in the long run.   However, these traditional techniques,

Finance teams are at the core of the financial well being of any organization. However, in spite of being vital to a strategy, they tend to be overwhelmed with redundant assignments, paperwork, and repeated follow-ups- particularly where expense management systems have been preserved in the conventional way. Expense automation software comes in to play here. Once properly applied, it does not

A significant number of small enterprises continue to use spreadsheets, e-mails, and paper receipts when managing costs. Initially, this solution is comfortable and cheap. However, manual expense tracking delivers more issues compared to solutions as time progresses. What begins as an easy-going system rapidly becomes a headache, time wastage and an expensive error.  In the case of expanding organizations, these challenges directly influence the small business

Expense ‍reports can be a vital window into a company’s financial health for many businesses, apart from just being a record of reimbursable costs. When done right and analyzed, expense reports are able to reveal the company’s spending patterns, the efficiency of the budget and even areas where the company can save money. Unfortunately, if the expense data is in