ExpenseVisor’s automated expense reporting is the #1 trusted choice of businesses that manage finances. With expense report automation and automated expense reporting, you, as a business, can easily automate expense reports to save time and achieve 100% accuracy in financial reports. The best-rated firms across the world choose us to simplify their expense management with automated workflows, leading towards increased efficiency and ultimate satisfaction.
- Streamline Reporting and Boost Accuracy with ExpenseVisor
With automated expense reporting and OCR technology, you can extract and categorize receipts, reducing manual entry hassle and errors. This cuts down labor time by 80%, helping your finance teams focus on other strategic decisions.
Customize your policies to achieve a flexible automated workflow that ensures consistent and fast processing for all expense reports. Allocate different budgets for different teams as per the need, so that you do not have to spend hours looking into expenses.
Gain transparent visibility over expenses through live expense automation reports that allow you to approve or reject any request in real-time. This prevents cost overruns and keeps everything within the forecasted budget. Better budget forecasting means better control!
Connect with accounting or any ERP systems to ensure that data flows smoothly into accounting systems, helping you achieve seamless data flow. ExpenseVisor’s data can be connected to a variety of ERP systems, so you can always stay audit-ready.
Keep expenses aligned with company policies using expense automation. It automatically flags non-compliant entries. This way, you can reject any expense that is not included within the policies, eliminating the risk of ofend-of-montht hassles.
5 Top-Notch Benefits of Using ExpenseVisor’s Automated Expense Reporting
Submit Receipts with DocScan
Start by capturing and submitting receipts through the DocScan feature in ExpenseVisor. This enables quick, accurate data capture for automated reporting.
Navigate to the Reporting Automation Feature
From the dashboard, locate and select the “Reporting Automation” section to begin setting up your automated reports.
Customize Report Settings
Tailor report preferences, such as report frequency, data fields, and organization methods, to fit your team’s specific requirements.
Integrate Data Sources
Connect relevant accounts or upload additional expense data to ensure seamless, real-time reporting for each expense submission.
Set Up Approval Workflow
Establish a workflow for report reviews and approvals, making it easy to keep processes compliant and organized.
Comparing Manual vs. Automated Reporting
How Reporting Automation Speeds Up Approvals and Reimbursements?
