Picture this. You get caught up at work, and you completely forgot about submitting your expenses. You realize that there is only very little time left to do them, or you might lose out on the reimbursements. You have too many receipts and bills, and you have to sit and sort them out one by one, taking up all of your important time and effort. This is not a new problem people are facing, and in fact, it's been around for a couple of decades. So we decided to step in and build a solution that puts an end to sloppy expense management.
The age old problem
Let's take a quick look at the problems:
- You can lose or damage your receipts.
- Too many physical receipts to scan separately and attach.
- The process is very time-consuming, affecting your productivity.
- The manual reconciliation of the receipts and their corresponding credit card transaction.
How Sage Expense Management (formerly Fyle) solves them
Here's how it makes expense management for the users a breeze.
From the Sage Expense Management mobile app, users can click pictures of all the receipts consecutively. Simply line them up one by one and take photos of them. Once you click submit, using intelligent OCR, Sage Expense Management will read all the receipts and create expense forms with auto-populated fields - ready to be submitted. It will read the amount, date, name of the vendor, and currency accurately without manual input.
What about all the e-receipts?
If you have multiple e-receipts on your computer, you can submit them easily too. Open the Sage Expense Management web app, click on "Add Bulk expenses," and you can either drag and drop the receipts or click to upload them. It will read the receipts using OCR technology and create expenses ready to be submitted.
Automatic corporate card reconciliation
We made corporate card reconciliation easier than ever. Once Sage Expense Management reads all the receipts and creates expenses, it will also go through the credit card feed and match the receipt to its corresponding transaction, if available, automatically.
Just a tip of the expense management iceberg
At Sage Expense Management, we want you to spend the least amount of time on expense management and enable you to focus your time and energy on other value-adding activities.
