The Sunshine Act: Compliance in Expense Reporting

  • Source: DATABASICS
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The Sunshine Act has prompted life science companies to look at alternatives to their expense reporting processes. The output to HHS is required to be electronic, searchable, and easily downloaded. A solution that supports these requirements from the initial input step of the process provides proactive control and management of the data—and of the direct marketing process as a whole.

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CFO's Guide to Cloud Expense Management Software

Very few executives consider the money and time lost by using Excel or other spreadsheets and systems to complete expense reports the old-fashioned way. A recent survey found that 53 percent of businesses are still managing their travel expenses manually. Chief financial officers (CFOs) need to know about the benefits offered by the next evolution of the expense reporting process—Web- and cloud-based automated expense management systems. Read More

6 Steps to Switch From Spreadsheets to Cloud-based Expense Management

The manual process of using spreadsheets for managing expenses has had its advantages, especially before the rise of automated cloud-based expense management software. For many companies, the time, costs, and risk of inaccuracy in the spreadsheet method can lead to the decision to switch.

This e-book outlines 6 key steps to follow to make as efficient and cost-effective a transition as possible. The first step is identifying the problems with an enterprise’s current expense management... Read More

2015 Travel and Expense Management Report: Increasing Control, Compliance, and Productivity in a Modern Mobile Workforce

Travel is a crucial business expenditure for many enterprises, with organizations looking to balance travel needs with cost-effectiveness. Travel expense management needs to consider accuracy, compliance, cost-productivity, and results. Financial process automation can be key to managing those factors.

Financial process automation is becoming more important for corporate travel expense management, as is accessing that automation while on the go. Travel and expense management (TEM) software,... Read More

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Expense Management for a New Decade

This study captures the intentions, strategies, and performance of over 175 enterprises, and used two key performance metrics to distinguish best-in-class performance: compliance to corporate policies concerning travel and entertainment (T&E), and the cost to process a single expense report. Download this report to learn more about how best-in-class enterprises outperform their peers. Read More

7 Things Every Executive Should Know About Telecom Expenses

Most enterprises waste millions of dollars annually by not managing their telecom spend in a standardized, centralized, more accurate way. Having ballooned up to being in the top four overall expenses of the entire company, telecom expense management (TEM) is something you should put on your radar—sooner than later. Find out why your telecom expenses are rising, and how you can work globally to reduce them. Read More

The Sarbanes-Oxley Act and International Financial Reporting Standards

  • Source: QAD
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Recent legislation has bought about unparalleled emphasis on corporate governance and regulatory compliance. In the United States, the Enron and Worldcom affairs have led to a new law Sarbannes-Oxley. In Europe, the EU parliament has decided that all countries must streamline the laws for financial reporting in accordance with IFRS rules from IASC. Bringing organizations into compliance with new demands for corporate governance is having immediate and long-term effects. In this paper we discuss... Read More
 
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