Reimbursement Software That Saves Time and Money

While companies often see reimbursement management as a simple back-office task, anyone who processes reimbursements understands just how messy this process can be. Paper receipts get thrown away, spreadsheets become overloaded with transactions, approvals take too long, and just when you think you've gotten it under control, there are receipts missing or lost approval emails. Reimbursement management software was created to solve almost all of these problems on a day-to-day basis, and it provides a more sophisticated way to capture, verify, and process employee expenses.

When you have digital systems, you can submit claims directly from your phone or desktop and attach photos of receipts in seconds. Managers can approve or deny claims with only a few clicks. It helps establish and enforce spending caps by department, to help with budgeting and avoid policies being violated.

One other overlooked benefit is audit readiness. With everything logged and trackable means that audits run seamlessly. There is no more needless time spent searching through drawers for misfiled receipts, or not being able to locate the approvals made via email. For small and medium businesses in particular, the peace of mind that comes from having a straightforward, trackable system can build employee trust and increase confidence in the financials.