How much does it cost to manually process an expense report?
On average, it takes 20 minutes and costs $58 to manually process a single expense report, according to the Global Business Travel Association.
If errors are found in the report, one correction can add 18 minutes of time and $52 in costs to the process.
That's a high price to pay for what might be a simple paperwork error.
,
User Types
Expense usersare users that have documents to be reimbursed.
They are created in Business Central using Continia User Setup and are only active after they've been exported from Business Central.
Expense users register their documents via the Continia Expense App and/or the Continia Expense Portal.
Approversare responsible for approving the document.
,
What Is A Document, and How Do I Process It?
A document is either an expense report, an expense, a mileage expense or a per diem expense that's imported into or created in Expense Management.
The purpose of any document is to justify and deduct expenses.
Once a document has been imported into Expense Management, you can start processing it via the documents lists.
A document can then be appro.
,
What is an expense management presentation template?
This presentation template can be used to share expense management tips, present an overview of the company's finance, project annual or quarterly spendings, and more.
Make finance engaging and fun with this expense management presentation template, or check out the other beautiful templates we offer at Visme.
,
What is expense management & how does it work?
Expense management tracks employee spending behavior and determines how the organization will reimburse them for the costs incurred.
With traditional expense management, companies use a paper- and spreadsheet-based system of processing, paying and auditing their employees' expenses.
,
What is expense management automation?
Expense management automation also implies use of analytical tools to make smarter spending decisions and help organizations maintain compliance and accountability by accurately tracking and reporting on all expenses.
Why Automate Expense Management? .
,
Working with Documents
When your documents have been imported into Expense Management, you can start working on them.
Using the links below, you can learn more about the various types of documents, including how to submit and post them and how to reimburse each type of expense:
