OCR – optical character recognition, is a software with the capability to convert written text or printed letters into a digital format. As the world is moving towards digitizing virtually anything OCR is making an incredible feat of digital automation — Lets know more about what it is, how it works and why it’s used…
Tag: Expense Management
Features of Travel & Expense Management Solutions
With the businesses going global, there is an increased need for the employees and employers to travel across for globe, making the travelling expenses a major portion of the business expenses. Business leaders are finding a perfect solution to manage the complexity in the procedure on day to day basis. Digitized Expense Management Solutions are making the…
Benefits of Implementing an Expense Management System
If you are considering opting for an expense management system, but are wondering how to justify the purchase,here are some of the key benefits that the system offers to help organization achieve their business objectives. Improves processing time – Provides more scalability and robustness in handling large amounts of data,reducing manual entry, thereby eliminating the chances…
Questions you should ask before employing Expense Management System
If you are thinking about investing in an Expense Management Software, these are a few questions you should ask yourself In today’s technology-driven, highly-competitive business world, companies often fall prey to emulating their rivals—be it in products, services or even management ecosystems. This can lead to incurring unnecessary expenditure in setting up systems that may…
Automation Takes the Pain Out of Expense Management
What is one of the biggest issues all employees absolutely dread? Expense Reporting. We are sure you will agree. The world of expense management has been bogged down with boring, lengthy and painful manual processes. Where the world today is adopting automation, this is one area of business that has been slow on the uptake….