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Administering a Management Expense Reporting system on a regular interval is a cumbersome exercise. Before adopting any new expense reporting system, you need to train your employees about the software, configure an approval structure and assign the chain of command. And every time when there is a new hire or an employee leaving the organisation,…
Category: Business
The Risk Of Using Traditional Expense Reporting
If you are still using a manual expense reporting system then you have subjected yourself to unwanted risk. There are 46 percent of companies still using the manual expense reporting system world-wide, if you are one of them then you’re doing something wrong. Here are five reasons why HIGH COST: The cost to manually processing…
The Future of Computing
As the company’s expectations on technological advancements are rising, new technologies are assisting their needs by offering the advanced tools which are helping them fulfill their quests. The days of patiently waiting for the web pages to load and respond to actions are gone, everything now has become quick with the increase in speed of…
Business Lessons from Maradona
“Just trust your instincts and go for it”, says football legend, Diego Maradona. An idol of millions of football fans the world over, there is a lot one can learn from him and his game. When I met him recently in Kolkata, I realised what I had learnt from him: -Believe in yourself to see…
Innovate or Perish!
Why innovate? This is a question you might have asked yourself several times, especially if your business growth has gone as per plan and you have tasted more than moderate success. I have heard different reasons being cited to promote the need for it – it helps you create a differentiation/disruption in the market, penetrate…
Parallels in Cricket and Business
Sports in various forms are often used to draw a parallel to the business or corporate world and there is more than one lesson to be learned from the game of Cricket. In fact, some of life’s best metaphors such as batting on a sticky wicket or going on the back foot are from the…
