How the best receipt app can make expense management easier
The easiest task is one that someone – or something – does for you, or that you don’t have to do at all. And that’s one of the biggest personal advantages of using an expense management app.
We live in stressful times, with daily demands that pull us in different directions whilst piling negative pressure on our mental wellbeing. It’s not sustainable long term; there has to be a better way.
There is. When it comes to expense management, having an app to lift the burden from your shoulders makes a huge difference. Combining the technological power of a smartphone and the background work of software developers, receipt management becomes possible in the blink of an eye.
Say goodbye to paper
Gone is the need to file paper receipts – in fact, gone completely is the need for paper receipts. The ExpenseOnDemand expense management app allows you to handle a piece of paper only once, and then throw it away.
The smartphone camera will capture a picture of the receipt or invoice, but also has the power to read it, recording the sum involved, the date, and the payee.
The captured data can then be used to form part of an expenses claim for the claim – approve – reimburse cycle, but that’s just part of the story. The captured image then forms part of a virtual paper trail, smoothing the expenses process, but also ensuring you have evidence for the tax you want to reclaim.
As if that wasn’t enough, the ExpenseOnDemand app integrates with the major SME accounting software packages including:
- Sage,
- Xero,
- Quickbooks
- Tally
which means that when an expense is claimed, the spend can be charged back to the right department, office, or project, and appear in the right place in the company accounts without anyone in the finance department having to lift a finger. Of course, if your business is too small to have a dedicated finance department, then the burden would normally fall on you, which means the time saved is yours, to do more business (which is what you actually get paid for) or simply to restore your mental wellbeing with another brew, like the man in our picture. You don’t need to feel jealous of him; you can buy that time yourself by switching to the ExpenseOnDemand app for expense management.
It won’t cost the Earth
Switching to the ExpenseOnDemand expense management app is so cheap that it could enhance your company’s profitability. Want to read that again because you can’t quite believe it?
Our expense management app has the full range of bells and whistles available – but the beauty of our pricing model is that you don’t have to have them all if you don’t want them. We allow you to select what you need, and we’ll bill you just for those features. You’re also free to add or delete features whenever it suits you, and we’ll adjust the charges to suit. We also charge based on the number of users you have on the system, because we’ve done all we can to minimise the expense.
Why can we enhance profitability? Losing the VAT receipt for just one purchase could mean the opportunity to reclaim tax will slip through your fingers. Used diligently, our app will prevent that from happening, and the tax you claim back could well be more than the cost of our app.
Do you find that hard to believe. Convince yourself with no obligation by studying our pricing page here.
