All companies with mobile or remote workers have the challenge of managing employee travel and living expenses. Going paperless is a great method to streamline this process and cut down on the time it takes to record, submit, approve, and pay out for costs. It only makes sense to shift expense management to the cloud, joining the growing number of other business processes, apps, and operational technology making the transition. We have compiled a summary of the benefits of migrating your cost management to the cloud if you haven’t already. Throw away your paper documents By switching to a cloud-based expense management system, employees can easily submit their expense reports by taking a photo with their smartphone (or other mobile devices) and sending it in for review and approval by their managers. Once approved, the accounts team can quickly and easily reimburse the employee. Expense claim sheets don’t need to keep paper receipts attached to them.So, there’s less chance of them going missing. Cut down on paperwork and speed up the whole process of submitting expenses Getting rid of the time-consuming, clumsy, and inefficient process of gathering and approving stacks of paper receipts is an obvious advantage. Instead of having to remember […] read more