Recent TRG blog posts

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.

Jack Welch, former Chairman at GE once said: “The budgeting process…sucks the energy, time, fun, and big dream out of an organization”. Yes, everyone hates it! If there is an effective way to do it without trying too hard will you take its advantages to grow? What you need is just a good planning and budgeting process and the right technology!

Financial management software is becoming an increasingly important part of every organisation. It helps companies to manage and understand their business deeper from accounting to project management and strategic planning. When the financial management system malfunctions, the consequences will negatively affect the profitability and the success of the organisation.

Accounts payable automation, workflow, and e-invoicing have long been a solution for common AP problems due to human errors. Despite the fact that AP automation can improve accounts payable and financial management significantly, many companies are still applying for manual entry.

Many companies, especially ones in retailing industry—where accounts payable (AP) transactions with sellers and suppliers are significantly critical—have been investing in e-invoicing and accounts payable automation as a proactive approach to address those AP problems caused by traditional manual entry.

The latest version of SunSystems Query and Analysis tool adds two new modules to make analysis easier for both techies and no-techies.