Accorto Coud Time and ExpenseCompanies that manually process expense reports may spend up to $35 or more per expense report. According to the Aberdeen Group, travel and entertainment expenses can comprise up to 10 percent of an average company’s operating expenses.

In today’s challenging economic environment, automation becomes necessary to maintain competitive equality. In fact, Aberdeen’s research shows that organizations who automate their time an expense management:

  • Increase adherence to organization’s policies by 40 percent
  • Reduce reimbursement time by up to 60 percent
  • Cut the cost of every expense report transaction by up to 70 percent

Try & Buy - Datasheet

timesheet softwareCloud T&E Features

If you have complex Time & Expense tracking requirements, you will especially benefit from the highly customizable and easily extendible solution.

  • Enables efficient capture of time and expense information
  • Supports comprehensive company expense policies
  • Offers customizable expense approvals
  • Facilitates quicker customer approvals
  • Provides extensive reporting capabilities
  • Unlimited expense categories
  • Tracking by account (customer) and projects
  • Resources enable to track costs and utilization for facilities as well as different rate charges

 

expense report softwareCloud T&E Benefits

With Accorto T&E, organizations can streamline operations, cut internal costs and improve business processes at the same time. Additionally, organizations can track the time and expenses associated with internal and external projects and tasks employees perform every day, such as:

  • Campaign management or customer acquisition
  • Software implementations
  • Business process re-engineering
  • Web site design
  • and many more where tracking effort is important

Accorto T&E also provides an easy-to-use way for organizations to control expenses by enabling company policies which include approval rules, fixed prices, reimbursement limits and conditionally required fields. This ensures that data is complete and within company policies before an expense report is submitted, thereby limiting "handling and re-handling" of each report.