|
Screenshots
What does it do?
- Support for any type of expense
- Expense dashboard
- Capturing expense details
- Expense eligibility matrix
- Expense policy enforcement
- Customizable approval Workflow
- Organization Chart support
- Alerts integrated to e-mail systems
- Extensive search facility
- Customizable Reports and Charts
- Export data to Accounting Systems
Expense Management
Employee initiated expenses can account for a surprisingly large percentage of the total corporate spend. Particularly in challenging economic times, companies that are not able to track, analyze, and control these expenditures are overlooking an enormous opportunity for cost savings. Consider, for example, the cost of unnecessary travel, unauthorized purchases, unused discounts and rebates, honest expense report errors, and under-billed clients. Other hidden costs can include the time and effort spent on administrative duties related to accounting for expenses and payments, as well as outright fraud.
With Karomi Expense Management, organizations can gain control over employee initiated spending and automate expense-related processes to see dramatic benefits to the bottom line. It enables companies to gain control of corporate spend. Using this solution, enterprising companies improve business results in real time by automating and reducing costs of key spend-related business processes, analyzing and benchmarking activities for ongoing insight, and enabling instantaneous updates and enforcement of policies related to employee-initiated spending.