• Reporting Automation

Streamline Financial Reporting with ExpenseVisor’s Automated Reporting Solution

ExpenseVisor’s Reporting Automation transforms how finance teams handle expense reports, helping businesses eliminate tedious manual tasks, improve data accuracy, and speed up the expense report approval process. Automated reporting offers a powerful solution to simplify complex financial workflows in a world where time and precision are crucial.
How it Works
Reporting Automation
  • Streamline Reporting and Boost Accuracy with ExpenseVisor
Reduces Manual Entry

ExpenseVisor’s automation captures data directly from receipts, eliminating the need for repetitive manual input.

Minimizes Errors

By standardizing data collection, ExpenseVisor reduces common mistakes like duplicates and miscategorization, ensuring more accurate financial reporting.

Accelerates Reporting

Automated processes allow for faster report generation, streamlining approvals and decision-making.

Enhances Data Consistency

ExpenseVisor organizes expense data into categories, making financial reviews efficient.

Improves Compliance

Reduces compliance issues' risk and ensures all expenses are accurately documented.

Step-by-Step Guide to Setting Up Reporting Automation in ExpenseVisor

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

Manual Reporting
Automated Reporting (ExpenseVisor)
Time-consuming; requires significant manual input for data entry and formatting.
Fast and efficient; data is automatically captured and organized.
High error potential due to manual data entry and lack of standardization.
Minimal errors; automation ensures accuracy and consistency.
Delays in report approval due to manual checks and back-and-forth communication.
Streamlined approval workflows, reducing turnaround time.
High operational costs due to labour-intensive processes and frequent corrections.
Lower costs through reduced manual input and fewer errors.
Limited real-time visibility; reports need manual compilation and updating.
Real-time insights are available instantly, improving decision-making.
View Features

How Reporting Automation Speeds Up Approvals and Reimbursements?

Automated reporting simplifies and accelerates the approval process, minimizing delays and ensuring faster reimbursements. By reducing manual steps, ExpenseVisor’s automation streamlines report submission and review, helping finance teams process approvals more quickly. This efficiency leads to timely reimbursements, reducing bottlenecks and enhancing employee satisfaction.