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TRG in the Board Room Blog

Top 10 Reasons Companies Should Automate Expense Management (part 2)

Posted by Thanh Le on

In Part 1 of this article, you heard the first 5 reasons why you should automate (and update / upgrade) your expense management system, here are the remaining 5.

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Topics: Expense management

5 Ways To Cut Costs By Going Green

Posted by Thao La on

Living green is not a new concept for people today. But how about green business? Do you know how much office costs you can cut when your office/ business goes green? Green business will not only help you cut down office costs but also gain a positive reputation and image for your company. Then why not start now?

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Topics: Expense management

Top 10 Reasons Why Companies Should Automate Expense Management (part 1)

Posted by Thanh Le on

Still claiming expenses via paper, spreadsheet, out-dated legacy or in-house system? Isn’t it time to look back on such traditional ways with nostalgia because here are 10 reasons why expense management should be automated right away, you don’t need to even be that big a corporation as the benefits are hard to ignore. 

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Topics: Expense management

5 Travel Policy Tips Every Boss Should Be Aware Of

Posted by Thao La on

Does your business require your employees to travel? If so, a well-written travel policy will be an essential item to help your company control and manage business travel expenses. Reviewing it frequently, at least once a year, will ensure policies adapt to your business growth and changes. This way you can make sure your dedicated travellers get what they need to drive business results without too many expenses.

Here are five things to consider when creating or updating your company travel policy.

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Topics: Expense management, systems@work, Professional Services Management

Top 5 Ways to Manage Employee Expenses

Posted by Thao La on

The management of Employee Expenses has become one of the top corporate governance items in the wake of the many scandals making headline news.
Recent legislation focuses on what employees spend and why, so keeping clear, accurate and detailed records plays a critical part in order to handle any future audit of compliance or taxation authorities successfully.
With these reasons in mind, choosing an expense management system becomes important to ensure that the policies and record keeping are well managed. Here are the Top 5 most useful ways a company can manage employee expenses, based on feedback from companies using Systems@work.

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Topics: Expense management, systems@work

4 Questions to Ask When Selecting The Right Expense Management Solution

Posted by Thanh Le on

As your company continues to grow it’ll soon be time to select a solution to tackle and solve your expense management issues. Once you get to this point in time the challenge is what exactly do you look for when selecting an expense management solution?

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Topics: Expense management

6 Signs Your Employees Are Cheating You in Expense Claims

Posted by Thao La on

According to a study conducted by the Association of Certified Fraud Examiners, expense claim fraud takes 24 months to detect, makes up nearly 15 percent of schemes involving the fraudulent disbursement of cash and has a median loss of $26,000.
How about your business? Do you know how to recognize whether your employees are being fraudulent?
Here are 6 signs to look out for:

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Topics: Expense management, systems@work

3 things to take care for expense management in high-tech companies

Posted by Rick Yvanovich on

Every company, regardless of industry, has its own concern about expense management. High technology is one of those industries that requires a more refined approach to business intelligence reporting, in particular, to expense management.

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Topics: Expense management

Expense Management Or Effective Cutting?

Posted by Thanh Le on

Expense management plays an essential role in building a business strategy. There are many methods to manage expense of which effective cost cutting appears to be very simple and popular.

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Topics: Expense management

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