• Company Expense Analytics with Fyle

    Manage Company Spends 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…

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    Improve 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…

  • An Expense Tracking Software that Manages a Global Employee Base

    An Expense Management Software to Manage a Global Employee Base

    With digitalization and globalization, we have seen a rise in cross-country associations and dependencies. Blurring geographical boundaries, organizations now seem to function as a single unit. Though most aspects seem simple, there are yet a few challenges businesses face while dealing with a global employee base – Expense Management and an Expense Tracking Software that allows for a seamless and streamlined process.

  • Best Practices to manage Corporate Credit Cards

    Indispensable. That is what corporate cards are becoming in the business world. In fact, according to a report by the Wall Street Journal, an increasing number of companies are adopting corporate card programs for their business. And the reasons are multifold. To mention a few here; Finance folks can manage the cash flow better, since cash advances would become a thing of past. It Improves the business credit of the company, which, in turn, will help your business grow.   Employers can enjoy the incentives (rewards, cashbacks, miles, etc.) that come along with credit card usage. Employees wouldn’t have to wait for their reimbursement. Just swipe the card, and they…

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    Draft expense reports for people always on the move

    “What I need is a way to keep adding expenses to a report which I want to submit at the end of a business trip. I don’t want to create expenses and later waste time fitting each expense to the right report.”~ Kevin Who is Kevin? Kevin is one of our German users, who travels for business more than ten days in a month. He often has multiple meetings for different projects on a single trip. The expenses incurred by him in a single day often spread across projects. Kevin’s pains Kevin prefers to stay organized and reports expenses for various projects separately. Up until now, Kevin would wait till…

  • Expense Management with Fyle

    Modern Expense Management with Fyle

    Historically, expense management has always been a time-consuming and disdained task, and for obvious reasons. Manually filing expenses, saving, collating, categorizing paper receipts, manually creating expense reports, submitting them to an approver and then wondering about its status or constantly irking the Admin for it; you get the gist. Manual expense management cost organizations a loss that often goes unrecognized. Employees spend their crucial productive hours filing expenses to get their money reimbursed than tending to other daunting business tasks. The wave of change was pretty evident. With the cloud-era came the expense management softwares. What was the pain-point they were solving? They automated processes which never required human intervention…

  • Automated Expense Management

    Embracing Expense Reporting and Submission in 2019

    Almost half a century ago, Buzz Aldrin, the second human to walk on the moon, manually submitted an expense report for his trip to the moon. From then to now, very little has changed when it comes to how organizations manage their expenses. The users have evolved into people who are always on-the-go. But technology has disappointed many, by not keeping up. It has taken over a decade for them to take a step ahead in the right direction. This has to change. (And it has. More on that later.) With the fast pacing world, a software’s success directly depends on its growth as well as adoption. Expense submission, reporting…

  • Automating your Expense Approval Workflows with Fyle

    Automating your Expense Approval Workflows with Fyle

    When it comes to expense management, a lot of organizations still seem to be in the dark. Using conventional methods like relying on manually entered data has cost 80% of organizations hours of productive time, manpower, and money. It has also exposed them to errors, duplication, and fraud. But, are they to be blamed for shying away from the new-age system of expense management? Perhaps not. Most tools out there force a revamp of their current approval workflows, instead of trying to support or leverage them. The revamp brings a substantial risk of failure, especially since the existing processes have been built on years of research and thought. Due to…

  • Reconcile Expenses on Corporate Cards With Fyle

    The past two decades have seen a dramatic surge in the adoption of corporate card programs by businesses of all sizes. These programs mandate processes and infrastructure to control and monitor T&E spends and to ensure every expense is reconciled in compliance with government guidelines.