Company Performance Metrics
TODAYS BUSINESS PAINS
(1) Employees waist extraordinary amounts of time on preparing company expense reports; (2) companies lose 5-7% due to increased travel & entertainment (T&E) costs due to fraud; (3) 25% of expense reports contain errors; (4) companies spend 1,000’s of hours each year correcting report errors; at a cost of $52 to
correct each report; (5) Fifty percent (50%) of US mid & larger companies currently process expense reporting manually, and will require an efficient solution to manage this large expanding process; (6) T&E expense is the 2nd largest corporate expense right after salaries & benefits, therefore it requires proactive management.
SOLUTION
Simplifier’s SAAS expense reporting reduces company operating costs up to 75%. They improve compliance while lowering T&E fraud occurrences. Their unique calendar based UI design simplifies data entry for all & substantially improves data quality & manager review efforts. Their distinctive built in tools allow companies to further centralize this detailed accounting process, further lowering costs, while improving data accuracy & employee communications.
