Easy Credit Cards to get ApprovedSimple credit cards for approval
Seldom do they get proper and detailled expenses statements with corresponding vouchers from the card holders in advance. Instead, they need to work with each card holder to understand why each issue occurred and find each corresponding voucher. There is sometimes nothing but an envelope with slips that you can work with and transfer this tedious job to the card holder, seldom resulting in a fast, precise or effective system instead.
It is a hand held procedure that requires a lot of precious processing power for each map; better used to analyze expenses or continue other work. The Zetadocs Expenses application makes it easy for employees to capture expenses records on their smart phones, regardless of the mode of payments.
It' s fast to write down a reason for each effort and capture the means of payments. Later on, when it is appropriate to file an account of charges, expenditure for refund can be shown alongside those reimbursed by business cards, which facilitates the preparation and transmission of the statement. Thus, this policy avoids that coverage of the use of business credit cards is a separate exercise without any incentives for the cardholder to do so in a timely manner.
Instead, early coverage of all expenditure per travel or per meeting is encouraged, not just those eligible for reimbursement that employees want quickly reimbursed. Usually, there are fewer types of report that need to be approved by management, and spending is grouped in a logical way rather than by payments, so there is no need to switch between different approval types.
Following the concluding audit by the financial department, the expenses statements are imported from Zetadocs Expenses into Microsoft Dynamics NV. Authorized bar payment is assigned to employee account in employee refund system in employee refund system while authorized credit cards are kept until they are reconciled with transaction on company credit cards settlement download from credit cards publisher.
You can create new spend for or by the cardholder from car dholder transfers that do not yet have the effort to reconcile the credit cards bill. After the reconciliation and approval of each payment order, the payment cards are also transferred to the payment cards system and assigned to the corresponding payment cards provider accounts for the full invoice value.
This results in a simpler and more effective credit check in which each credit transaction is described in detail in NAV without re-entry and the vouchers are properly saved on-line for referencing or verification. Concealed Advantages - Costs based solutions such as Zetadoc's Effenses provide significant savings in costs and times to collect, submit, approve and handle expense related to travelling and hospitality.
But it is all too easy to ignore the added value in employee motivational and loyalties by eliminating many of the problems associated with traditional litigation costs. Typically, a system using either hard copy or spreadsheets involves sluggish matching, tedious tracking of card holders, and pointless recalculation of expenses: not exactly meeting them.
The use of Zetadocs Expenses can relieve this ache.