Dr. Shakti Goel’s Post

Expense reports? so last season. Yatra's Expense Management Solution is here to revolutionize how you manage your business expenses. Designed for both international and domestic enterprises, our advanced solution leverages the latest GenAI Large Language Models for effortless and precise expense tracking, seamlessly integrated with your travel bookings. With Yatra’s corporate travel solutions, everything is streamlined on one platform: booking flights, hotels, and cars, while tracking every penny spent. Plus, enjoy multi-level approvals, smooth ERP integration, and cutting-edge Power BI analytics with our all-in-one Expense Management Solution. Say goodbye to the old ways and embrace the future of business expense management with Yatra! Read more at: https://lnkd.in/eq3vYiQu #Travel #GenAI #ExpenseManagement #CorporateTravel #ERP #PowerBI

Make travel expense nightmares a thing of the past. Here are some handy apps to help you ease travel expensing 👇 Expensify offers automated receipt scanning, mileage tracking, real-time expense tracking, integration with accounting software and policy enforcement for compliance. Zoho Expense offers an interface for managing travel expenses, including receipt scanning, expense categorisation and policy enforcement. TripActions (now Navan) combines travel booking with expense management, offering insights into travel spending, policy compliance and vendor negotiations. Rydoo offers automatic receipt scanning, expense categorisation and mileage tracking. It integrates with popular accounting software and offers customisable reporting. SAP Concur features expense tracking, policy enforcement and audit capabilities and integrates with travel booking systems and ERP software. Thankfully, FREENOW for Business integrates with SAP Concur! FREENOW offers centralised payment methods, one monthly invoice, support with drawing up and enforcing policies, CO2 reports and stress-free travel expense management. Free up time for more important things than manually entering numbers into a sheet 🧑💻 #businesstravel #expensing

Discover how to simplify your corporate travel management and boost efficiency. ProSpend Travel Manager is just one of the multiple features of our Business Spend Management platform.

Business travel has certainly taken off again since COVID! Learn more about how ProSpend can automate the reconciliation process associated with corporate business travel ✈️

Embrace the power of streamlined travel management. As an SAP Concur TMC, XL Turners Travel leverages cutting-edge technology to simplify your travel booking, expense management, and reporting processes. Say goodbye to paperwork and hello to efficiency. 📲✈️💼 #XLTurnersTravel #SAPConcurTMC #StreamlinedTravel #Efficiency

One of the PMI Flight is ERP Capabilities: PMI Flight offers advanced ERP capabilities tailored specifically for airlines and companies, providing robust management features to streamline operations. The system supports two primary types of users: 1. B2B Travel Agencies: Designed for travel agencies, these accounts facilitate booking and issuing tickets and hotels for their clients. 2. Corporate Users: These accounts come with specialized ERP features, including: - Approval Workflows: Ensuring that all ticket and hotel bookings are approved by appropriate managerial levels. - Payment Limits and Controls: Setting payment limits based on employee positions to manage expenses effectively. - Ticket and Hotel Type Restrictions: Customizing available ticket and hotel options based on managerial hierarchy to ensure policy compliance. System Features - Comprehensive User Management: Allows the creation and management of both B2B travel agency users and corporate users, with tailored access and permissions. - Approval Workflows: Streamlines the approval process for ticket and hotel issuance, ensuring all transactions are authorized. - Expense Managemen: Provides robust controls for managing payment limits and expenses, aligned with company policies and managerial levels. - Policy Compliance: Ensures travel bookings comply with corporate travel policies, with customizable options based on managerial hierarchy. - Integrated Booking System: Seamlessly integrates booking functionalities for tickets and hotels, offering a unified platform for travel management. These features help companies enhance expense management and travel compliance, streamline approval processes, and provide a comprehensive solution that meets the needs of both travel agencies and corporate clients. #PMIFlight #ERPCapabilities #TravelManagement #B2BTravel #CorporateTravel #ExpenseManagement #PolicyCompliance #ApprovalWorkflows #IntegratedBookingSystem

SAP Concur is primarily used to manage and automate travel, expense, and invoice processes within organizations. Its core features focus on streamlining these functions to enhance efficiency, reduce errors, and ensure policy compliance. Here’s a breakdown of its main uses: 1. Expense Management: SAP Concur automates the process of tracking, submitting, and approving expenses. It allows employees to capture expenses on the go, upload receipts, and submit reports, while managers can review and approve expenses digitally. 2. Travel Management: SAP Concur simplifies travel booking and management by integrating with travel suppliers and agencies. It allows employees to book flights, hotels, and car rentals directly within the system, ensuring bookings comply with company policies. 3. Invoice Management: Concur streamlines the accounts payable process by automating invoice capture, approval workflows, and payments. It reduces paper-based processing and helps track invoices more efficiently. 4. Policy Compliance: Concur ensures compliance by enforcing company policies on travel, expenses, and invoicing. It flags out-of-policy items automatically, reducing the risk of non-compliant expenses. 5. Analytics and Reporting: SAP Concur provides powerful analytics and reporting tools that give insights into travel and expense spending, helping businesses identify savings opportunities and make informed decisions. By centralizing and automating these processes, SAP Concur helps organizations save time, reduce costs, and improve accuracy in financial management.

#Expense #Reporting: What It Is and How to Set It Up? When your employees are #traveling for #business, they rack up expenses for transportation, lodging, food, and other incidentals. To manage your company’s spend on travel, it’s essential that these outlays are accurately documented, analyzed, and reimbursed. To do so, you need a clear and easy-to-follow expense reporting process. Here at American Express Global Business Travel and In this guide, we explain what expense reporting is, why it’s important? https://lnkd.in/gyZa3TTA #businesstravel #expensemanagement #spendmanagement

Are you struggling to manage your commissions? Running a travel agency comes with its fair share of challenges—lost commissions, chasing payments, and growing admin tasks. It’s time you had a solution that tackles these challenges head-on, letting you focus on what truly matters: growing your business. 📈 In our latest blog, we walk you through the steps to choosing the right commission management software, compare top solutions and share what we think is the best choice (we might be a little bit biased). Read more ➡ https://bit.ly/4eYllV7

Business Travel Reporting Starts With Central Expense Management