Set up policies for different branches, departments, or cost centers, and ensure no employee expense is outside the policy limits. Create mileage and per diem rates for different policies as well. Using spreadsheets involves lots of manual work that can be prone to error. Sophisticated corporate expense software corrects this problem through automation, saving your time and effort. Choose how pages should look for employees based on the expense category. Use Zoho Expense to manage your purchase requests and make your ordering process easy and problem-free.
Great Concept, Easy to Use, a Few Minor Issues
FreshBooks is a more affordable alternative to QuickBooks that includes unlimited expense tracking on its base plan, which starts at $19 a month. FreshBooks also includes other accounting and invoicing features for an all-in-one platform. FreshBooks is a great choice for businesses that are looking for an accounting software that includes expense tracking but don’t want to spend as much money as QuickBooks requires. That being said, if you do need more finance-related features beyond just expense management, you’ll need to look into other Zoho tools for that. Fortunately, most other Zoho products, including Zoho Books accounting, offer a free tier of service as well as affordable paid plans.
Create comprehensive expense reports
And if you should accidentally enter a receipt twice, Zoho Expanse will flag it. Zoho Expense is also a great choice for small businesses looking for an affordable standalone expense management tool. Many alternatives, such as QuickBooks, bundle the expense management function together with accounting, inventory management and other features.
What is expense management software?
Apply cash advances, download expense report PDFs, and streamline the reporting process with report types. Configure multi-level, custom approval flows based on your own criteria and ensure that expense reports and travel requests are routed to the appropriate person. Does your organization provide cash advances to employees before they embark on a business trip? Zoho Expense lets https://www.ichikoaoba.info/disney-nailed-as-dwelling-improvement-revenue.html employees add these advances and apply them to their expense reports to automatically offset reimbursement amounts. Zoho Expense makes good use of this integration, so in some ways you get more than you pay for. If you connect it with Zoho CRM, for example, then sales teams can accumulate expenses tied to customers, making it easy to submit by customer or on a project basis.
- Configure individual policies for your cost centers, branches, and departments to gain better control of employee expenses.
- Admins can set up expense rules based on fixed amounts, mileage limits and more; these limits can be daily, weekly, monthly or a custom duration.
- Statistical data on how your funds are being spent plays a key role in optimizing your expenses.
- We also weighed other factors such as the user interface design, learning curve and customer support.
However, you can mail us at to continue with the purchase. You need to first access the respective Zoho products before installing any of their apps from the Marketplace. PCMag.com is a leading authority on technology, delivering lab-based, independent reviews of the latest products and services.
Expense management
In addition to a global edition, Zoho Expense has 8 dedicated editions for the US, the UK, India, Canada, Australia, the UAE, and Saudi Arabia.
Inefficient Receipt Management
So all you need is a stable device and the latest version of web browser to get the best expense reporting experience. Set up custom components, customize what employees see when they use Zoho Expense, and personalize your expense management process. https://acmp.ru/asp/gb.asp?id=128 Process expense reimbursements in a faster, more efficient manner. Make employees happier with quicker expense reimbursements, delivered directly to their accounts. Expense reporting has been so easy after we started using Zoho Expense.
- While Zoho does offer Zoho Books and Zoho Invoice, these tools aren’t nearly as popular among accountants as QuickBooks, which can also complicate things come tax season.
- Receipts are digitally stored in your Zoho Expense account, so you never have to worry about losing paper copies.
- Set up limit rules based on fixed amounts, expense count, mileage limit and more.
- Zoho Expense does offer travel expense management features (Figure E), though these are limited to the Premium and Enterprise plans.
- At Zoho, we take pride in our perpetual efforts to surpass all expectations in providing security and privacy to our customers in this increasingly connected world.
Zoho Expense’s key features
Bill for resources, job completions, time spent, or expenses attached to a project. Track vendor bills and other expenses easily, add recurring expenses, and include client expenses on invoices. Offer multiple payment options, automate invoices and reminders, and send online payment links.
You’re All Set
Zoho Expense makes sure you are audit-ready for the tax season. Not just for all business teams, Zoho has helped the accounting team as well. A remarkable thing about the Zoho experience, is the constant support https://pcnews.ru/news/sap_lokalizovala_resenia_successfactors_dla_rossii_i_ukrainy-485321.html they give us, for every little query. Zoho Expense does well in this category, mainly because it’s got a solid feature set combined with excellent customization and a small business-friendly price tag.
Historically, expense reporting has been a manual process predominantly. But, with amazing automation features from Zoho Expense, you don’t have to carry out mundane expense reporting tasks anymore. If you want a custom, non-linear, or multi-stage approval flow, Zoho Expense has you covered. Design multiple complex approval flows and ensure that all transactions are overseen by the proper set of people before being approved.
But we wish Zoho Expense took this feature a little deeper, by letting us upload a spreadsheet to prepopulate all those fields. If you have more than 500 users, you must contact Zoho Expense for a custom quote. A solid corporate travel expense policy sets the bar on how much your employees can spend on behalf of your organization. With a pre-set official corporate travel expense policy, you can determine valid and invalid reimbursement requests easily, keeping you from reimbursing false claims.
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