As CFOs, Finance Directors, and finance managers, you understand the thrill of business growth. Yet, with growth comes complexity, especially when it comes to managing finances. As transaction volumes increase and operations expand, managing expenses manually or with outdated systems becomes untenable. This is where robust expense management systems come into play.
- Topic:
- Finance
Tax season can be a nightmare for many CFOs, Finance Directors, and finance managers. Receipts are missing, spreadsheets are confusing, and looming deadlines can cause many sleepless nights. But what if there was a way to transform this stressful period into a streamlined, efficient process? Enter expense management systems.
- Topic:
- Finance
In the fiercely competitive business landscape, profitability is not just about increasing revenue; it's equally about controlling and optimizing expenses. As someone who is interested in the future of your business, you're continuously seeking avenues to improve your bottom line. One such avenue, often overlooked, is efficient expense management.
- Topic:
- Finance
If you’ve ever led a team, you understand the importance of maintaining a bird's eye view on your finances. However, with an increasing number of transactions and the complexities of global operations, this oversight can be challenging to achieve. Enter the world of Expense management tools - your command centre for financial control, read on to discover how these tools can enhance your financial oversight.
- Topic:
- Finance
In the world of business finance, the devil is often in the detail. Those numerous, minor transactions can create a cliff of financial clutter that's a nightmare to sort through. But what if you could streamline this process and gain more control over your financial data?
Expense management tools are changing the game for businesses everywhere. They deliver on the promise of simplified accounting, offering a lifeline to those drowning in spreadsheets and mountains of receipts. Let's delve into the benefits of these tools.
- Topic:
- Finance
Toothbrushes, paper bags, razors, tissues… some things are no longer fit for purpose as time goes by. The same is true of software — particularly when it’s managing your business.
With millions of hours wasted on financial admin tasks every year*, the risks of outdated software operating in a modern finance team are huge. But why? Keep reading to find out more…
- Topic:
- Finance
In response to the effects of the Covid-19 pandemic, many SME businesses in the UK have now set out their hybrid working policies, enabling employees the freedom to choose where they work best either all the time or at least some of it.
According to research, 71% of SMEs plan to implement hybrid working long-term, though many of those may not have considered the new challenges that may arise for finance professionals – especially when tracking expenses. Clear hybrid working policies and investment in technology to manage budgets will be needed.
- Topic:
- Finance
Not-for-profit and charitable organisations in the UK have faced an insurmountable number of challenges in the last 16-months – facing an estimated £10 billion loss at the close of 2020. Despite many being used to operating on a shoe-string, Covid-19 brought about changes that affected the sector like never before.
While many have continued to lose revenue through a lack of available support, there are a number of organisations that have adapted and pivoted services in order to keep their charity’s finances afloat. So, how can other charities follow their lead and ensure their funds go further?
- Topic:
- Finance
Maintaining a healthy cash flow has long been a challenge for care homes. Heightened by the ongoing Covid-19 pandemic, the balancing act required by finance teams in small care groups has only been made more difficult.
- Topic:
- Finance
How tightly does your business monitor every cost, every expenditure, every charge, every business expense? With the right tools in place, it’s easy to keep a close eye on everything and to spot problems quickly – you can also get a much clearer view on the bigger picture too. That’s the ideal – but for many businesses, it’s not so clear cut. In this article we explore the areas where money is potentially being lost.
- Topic:
- Finance
