10 Web Technologies Employers Can Use for Expense Reports

Companies who reimburse their employees business expenses can end up spending countless hours and file space dealing with employee expense reports. They have to go through and make sure all the claims being filed are legitimate and that their business isn’t paying for an employee’s personal expenses, which can end up being a fairly arduous task. They also don’t want to lose good employees because they aren’t being reimbursed in a timely manner. Since travel expenses are a large portion of expense reports, it stands to reason that these employees are often out of town and need some way to file these reports remotely. To meet this demand several web technologies have been developed that employers can use to quickly and efficiently go file their expense reports.

1. ExpensePoint – Globalpoint Technologies has developed an online expense reporting system called ExpensePoint. The reporting process is fully automated with company credit card purchases imported directly into the system. Review, approval and accounting are all done in an instant.
2. Concur Premier – This web based technology takes the expense reporting to a new level by also providing corporate travel bookings in conjunction to basic expense reports. This streamlines the reporting process since the expenses are uploaded automatically into their paperless transaction process.
3. Verian – An online accounting software provider, Verian has the capabilities for employees to submit their expense reports from any computer or smart phone. Expenses are automatically posted to the proper accounts and employees can get reimbursed through direct deposit.
4. SmartDoc – This free iPad app is a fully functioning expense report application. Employees can keep track of their expenses with SmartDoc while they travel and have a full report ready to submit when they return.
5. Chrome River – Another online accounting and expense reporting system, Chrome River offers a user friendly and painless way for company personnel to submit their reports in a timely manner. Approvers and finance managers enjoy a flexible system that can be customized to their specific needs.

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