By far the most Configurable Costs Alternative.

What it is?

Growing vacation prices. Paper receipts and spreadsheets. Poor conformance to travel procedures. Seem familiar?

Say good-bye to all of that with the assistance of Infor Expense Management, by far the most flexible and configurable travel and enjoyment (T&E) cost management answer on the market. Available for deployment in the cloud or on-premises, it eliminates manual processes-and the headaches and mistakes that go along with them. Price Management is a suite of four integrated applications (Price Reports, Vacation Plans, Payment Requests, and Timesheets) that can be used either individually or in any desired combination.

Your employees get a system they love-faster reimbursements, consolidated journey booking and price management, mobile access via a smartphone or tablet, and the end of paper receipts. Your administrators get more time-dramatically fewer mistakes to deal with, greater configurability, and minimal reliance on IT.

But best of all, you get to take advantage of one the biggest, and most often overlooked, opportunities for cost reduction that exists today-the hidden fees in the T&E expense management process. You'll also be able to reduce price spending, thanks to the detailed insight and policy compliance you get with Infor Price Administration.

What it does?

Modular by design, Infor Expense Management gives you the ultimate in flexibility. You get a single, fully automated system for managing travel and entertainment charges, employee-initiated purchases, and employee time capture. You can deploy on-premises or in the cloud, and purchase modules in any combination at any time. You also get world-class reporting and auditing capabilities. The solution includes:

Price Reports-Travelers can create and manage expense reports whenever and wherever it's convenient, including via a smartphone or tablet. Plus, reviewers can open price reports and attach supporting documents when they receive email alerts, without logging into the application.

Vacation Plans-Enforce corporate vacation guidelines before spending occurs by verifying compliance as employees make travel plans and create a fast, easy approval process. You can also attach vacation plans to price reports and compare planned versus actual costs to improve approval decisions and increase the accuracy of future budgets.

Payment Requests-Effectively track and accurately allocate employee purchases that are made immediately and that often bypass requisition and order processes as a result. Infor Expense Management eliminates duplicate data entry and automates validation, to assist ensure that requests are accurate, complete, and charged to the correct cost centers or project codes.

Timesheets-Streamline and simplify the creation of timesheets and improve accuracy by letting employees report project hours and general work/absence hours in a fraction of the time required by paper-based methods. Quicker processing times and fewer errors lead to more efficient customer billing cycles and a reduction in days sales outstanding.

Mobile device support-Allow employees to create expense reports on smartphones and other mobile devices anywhere, any time. Managers can also view and approve cost reports from their mobile devices, leading to time savings, faster response times, and increased productivity.

Digital receipt management-Employees can easily attach, email, or fax receipts for a paperless solution. https://www.avaza.com

T&E budget controls-You can import cost center or project-related budget figures into Infor Expenditure Management and monitor accruals against budgets, so that you can avoid getting surprised by unexpected spending.

Infor Cost Administration also incorporates alerts and automatic analysis capabilities to help nip policy violations in the bud and uncover hidden opportunities for savings. The system:

Alerts employees to violations as they enter data, allowing them to provide explanations or make corrections before submitting plans or bills.

Alerts reviewers, obtains necessary approvals, and then triggers events such as issuing plane tickets and reimbursing charges.

Automatically analyzes data, searching for opportunities to transform spending into savings.

What it means?

The results you can achieve are dramatic. You'll be able to:

Reduce the cost of processing price claims by up to 50%.

Manage high transaction volumes easily and economically.

Eliminate time-consuming, labor-intensive, and mistake-prone manual processes.

Consistently and effectively enforce journey and enjoyment cost procedures and ensure regulatory compliance.

Dramatically decrease the number of late expense claims and timesheets.

Significantly speed up the reimbursement process.