How to calculate your company's cost savings on expense reporting

Now there’s a question. The sum’s a simple one; just subtract one number from another – but what if you don’t know how much expense reporting is currently costing you? This is nothing to do with how much money is being claimed and reimbursed, but the actual cost to the business in terms of lost productive time dealing with the admin involved in expenses management.

Unless you already have the power of the best expenses reporting app at your fingertips, working out how much your expense management system is actually costing you is going to take some detective work.

Here’s the evidence you’re going to have to find:

• How many people in your organisation claim expenses?

• How many claims do they file?

• What’s their average salary?

• How long does it take to fill in a claim?

• How long does it take to approve?

• And to pay?

• So how much are you paying people to claim, approve, and reimburse expenses, which adds not a penny to the bottom line?

Phew! That took some doing, didn’t it? But no matter, because the comparison process speeds up from this point in. Here’s why.

We charge the lowest-possible price

Turn to ExpenseOnDemand, and you’ll find we offer a completely free cost calculator that you can use without making any kind of commitment to us at all. We won’t even ask you for your contact details, much less a credit card number.

The ExpenseOnDemand  pricing structure is built around charging you the lowest-possible price for your expense management solution. We’ve created a pick‘n’mix basket of features from which you’re completely free to choose. We charge you for what you use, and not what you don’t, and we do that on a per user per month basis.

We’ll even offer two options, one or other of which will undoubtedly be cheaper based on the number of transactions you need to make.

And it gets even better. We offer a 30-day free trial , after which you can opt into our ‘starter pack’ for which we offer basic features for just £1 per user per month.

Click the yellow button on our pricing guide page to see the tiny amount we’ll charge you – and while you’re doing that, just check how many more features we offer over your existing system.  

It’ll take only a moment to compare the cost of the bespoke expenses management solution you can build with ExpenseOnDemand, and a moment longer to see how much you’ll save by turning to the power of our technology.

Picture: Ibreakstock | Dreamstime

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