Travel expense software is a critical tool for Travel Expense Management – providing an online environment to manage and streamline an organization’s processes and the effort required to submit and approve travel expenses incurred during business travel.
The benefits of travel expense software fall into two categories:
Travel expense software can be hosted by the software provider and sold via a software as a service (SaaS) model, or hosted behind the client’s firewall. In either case, the travel expense software will need to link to the client’s accounting and reimbursement systems.
Increasingly, travel expense software is enabled for mobile devices so that data (e.g., photos of travel expense receipts incurred during business travel) can be captured during a trip – while the information is fresh – further reducing instances of claim errors.
Learn about expense management solutions from KDS.