Guides 7 minute read

Why your organization needs to automate travel expense management

This article will explore how automation reshapes corporate travel and expense management and why it matters for your business. Plus, we'll show you how to achieve travel expense management automation. Whether you're a startup or an established business, understanding the ins and outs of this process is the ticket to stress-free expense management for business travel.

Guides 7 minute read

6 alternatives to Quickbooks that make accounting a breeze

QuickBooks has long been the popular accounting software pick, and it is loved for its wide array of features. However, as businesses grow and evolve, so do their accounting needs. It is vital to consider which accounting software other than QuickBooks truly fits your unique business journey—because, let’s face it, there is no one-size-fits-all here! In this article, we’ll explore six top QuickBooks alternatives. From Xero to Sage, we’ll dissect each option and help you find the right tool that complements your business and makes you look forward to crunching numbers.

Guides 9 minute read

What are virtual credit cards? Does your business need one?

Today’s marketplace is increasingly digital, rapidly changing the way we handle transactions, with some completely adopting “pay by QR code.” Though that’s still not the norm for the majority of us, we’re abandoning cash more and more in favor of plastic. Tools like virtual credit cards are becoming crucial for businesses and consumers alike to securely manage their finances. Let’s dive into what virtual credit cards are, what their benefits are, and what they’re typically used for. Plus, we’ll discuss whether your small business should consider adopting them.

Guides 11 minute read

Business expenses FAQ: Expense categories and approvals

Are your business expenses working for you or against you? Many small business owners wrestle with various expense types, each carrying unique implications for their financial statements and tax returns. Poorly managed business expenses could mean audits, huge tax penalties, and a nightmare for whoever’s handling the finances. But done the right way, with meticulous categorization, companies can better manage their budgets, anticipate tax liabilities, and enhance transparency. In this article, we’ll address how to categorize business expenses, provide practical steps for categorization, highlight potential challenges, address expense approvals, and explore why effective categorization is vital for any business looking to thrive.

Guides 9 minute read

Evaluating corporate card programs

Corporate card programs offer a solution to streamline spending, improving financial oversight while empowering employees with purchasing capabilities. But such programs can also be complex, with various options and features that cater to different business needs. So, how can you choose the right company card? In this guide, we’ll walk you through the evaluation process of corporate card programs, outlining essential features and potential pitfalls while emphasizing best practices for maximizing benefits and smoother financial management.

Guides 8 minute read

Track expenses in simple steps using Excel

Efficient financial management is crucial for personal and business success. While countless tools are available on the market, an Excel expense tracker is a versatile option that allows users to streamline expense management in a customizable format. In this article, we’ll guide you through some simple steps on how to create an expense tracker in Excel. Then, we’ll explore other options that may be a better fit if you want to streamline and automate your expense tracking processes.