07 Jul isolved Expense Management
Eliminate unnecessary workload
with a simple and seamless tool.
Comply with regulations and ensure employees are spending within budget and according to expense policy, expense management technology provides visibility into what funds are coming in and out of the business.
Why Expense Management?
- For employees to get reimbursed faster and with minimal friction.
- For finance teams to maintain accurate records and financial planning.
- For management to increase productivity, reduce overhead cost and boost employee satisfaction.
Streamline the expense reporting process with a system that
seamlessly integrates with isolved Payroll.
This easy-to-use system simplifies the expense report process and shortens
work. This also increases employee satisfaction by allowing for a quick
turnaround for the employee’s funds.
Using the Adaptive Employee Experience (AEE), employees and managers
can submit, oversee, and approve single entry expenses whether they are at
their desk or on the road. Employees will have access to their expense status,
pay history and any documents needed for their personal tax statements.
Meanwhile, administrators can get what they need quickly to ensure accurate
processing with a single view of automated approval workflows, reporting
and more with the configurable system to meet the requirements of each
organization’s expense policy.
Improve your organization’s financial health
by identifying opportunities to save costs and avoid potential risks.
Benefiting from a single system of record, administrators can keep control of expenses and tax reporting to enhance employee compliance. They can track expenses by business category, purpose, subcategories, departments and other drill-down reporting – including integration into their finance general ledger all in one place.
isolved customers benefit from the highest security and compliance standards of Microsoft Azure and isolved People Cloud. By eliminating another third-party application and bringing expense management into a company’s single HR system, potential weak spots are reduced, eliminating entrances for hackers to access.
Let’s talk about how we can improve productivity
and eliminate unnecessary workload
with isolved Expense Management.