• Company Expense Analytics with Fyle

    How to Manage Business Expenses with Fyle’s Analytics

    Employee reimbursement is the second largest expense for companies. This makes it crucial for CFOs, finance heads, finance controllers and financial leaders to have adequate control for optimization. As of today, expense management within organizations comprises of two major components – workflow automation and auditing for compliance. At Fyle, we understand how both – workflow automation and auditing for compliance – are interdependent to ensure the smooth functioning of finance departments. So far at Fyle, we’ve cracked the code when it comes to automating workflows without any manual intervention. This has helped bring about a strong culture shift within companies. Expense reporting amongst employees has turned real-time, thanks to Fyle’s…

  • financial-productivity-fyle-expense-management

    How to Increase Financial Productivity with Fyle’s Audit Trail

    Did you know, companies all over the world spend close to half a million dollars and 3,000 hours correcting expense reports? Auditing your expenses is no easy feat. You have to go through countless spreadsheet columns, match them with corresponding receipts, validate expense entries and reconcile them with card transactions. The traditional means to expense management is tiresome, error-prone, and not to forget,  severely time-consuming. At Fyle, we respect your time, and  aim to improve your financial productivity. Our Audit trail feature keeps you informed of every transaction that happens in your organization, helping you maintain a spotless Audit Trail, which will eventually help your business grow. With Fyle, you…

  • Policy Engine | Fyle

    Does your Expense Management need a breathalyzer?

    Fyle users already have it pretty good, with automated checks for policy violation at the source. They’ve collectively saved thousands of man-hours that would have otherwise been spent poring over fading receipts and pointless back and forth emails with the accounting department. We know that’s a great feature because our users have told us so. Fyle’s new feature to ease your expense management challenges: There’s another area that we think we can save our customers a lot of time. We know most companies do not allow for alcohol in the expenses, except for a few (lucky) exceptions. Finance teams have to check each receipt for traces of alcohol manually, and…

  • Fyle and Quickbooks Online by Intuit

    Expense reporting in Quickbooks Online by Fyle

    We keep saying we want to make your expense management process seamless and effortless and we mean it! Last year, in 2017, a lot of you mentioned you use Quickbooks as your accounting software, and we knew we had to integrate Fyle with Quickbooks. QuickBooks holds 80% of the market for accounting software amongst small businesses. That was enough reason for us to make the Fyle QuickBooks Integration a priority.

  • Expense Frauds | Expense Policy | Fyle

    Check Expense Report Frauds with Fyle

    Is your business a victim to fraudulent expense claims? Your organization processes a hoard of reimbursements on a monthly basis. You, as admins or account executives approve almost all of them, barring a few. These few expenses are usually the ones which have out-rightly violated your policies or don’t have appropriate bills attached.

  • Expense Policy Compliance | Fyle

    Expense Policy Compliance Revolutionized with Fyle

    Are you an admin or approver who is always bombarded with expense claims that violate multiple expense policies? Business expenses by employees typically have expense policies to ensure that they’re compliant with local laws. Proper implementation of these policies sits at the core of the expense management process in any enterprise. This is crucial to the functioning of the business as it ensures a continuous check on the flow of money, provides control over understanding the nuances of expense trends, visibility, and insights into business expenses and more. However, expense policies often end up becoming a source of frustration because of the complexity involved in enforcing them. This is why…

  • Expense Analytics | Fyle

    How To Make The Best Use of Expense Analytics

    Are you an organization looking to have a competitive edge over your competition? Expense analytics, will help you, achieve just that! One of the core aspects of making well-informed and confident decisions is to understand what your numbers say. Analytics, give you insight into the overall performance and health of your organization. This further helps you get the upper hand, as it also gives you insight into the type of spenders, spending trends, policies that require up-gradation and more. Gone are the days where finance folks were required to shuffle through truck-loads of data. Often times, it took months together, to compile, clean and analyze data. Today, you can download,…

  • Expense Management Solutions | Fyle

    Expense Management Software – Best Practices

    If you are using an expense management automation solution, then you must be well aware of the benefits it brings with it. The reliable, automated system allows employees and managers to free up their schedules that would have otherwise been filled with manual work. Manual work in the form of creating expense reports, shuffling for the expenses incurred that month and more.

  • Expense Management with Prepaid cards | Travel & Expense Management | Fyle

    Why you should refrain from using Prepaid Cards for Employee Expense Management

    Employee prepaid cards are becoming extremely popular among companies, these days. They help employees and the management with flexible spending, reconciliation and simplify the expense management process. As with everything, using prepaid cards also come with their own pros and cons. We are sure, you might know of the benefits, but we are going to give you insight into why they aren’t the best alternative for you.