Second to salaries, business expenses are the second most controllable cost a business faces, yet many are not doing enough to control these costs. Even the best run businesses have room for improvement! Knowing this, the folks at Concur have taken their more than 20 years of expense management experience and created an easy to use guide, “Don’t Wait To Fix It”, dedicated solely to helping run smarter businesses from a critical pint of cash flow – expense reporting.
This new guide offers a visual playbook full of insights, tips and self-assessments that help a small business take a good hard look at their expense reporting systems and learn what can be done to fix them. While expense reporting may seem like a tiny, insignificant part of your business operation, by choosing to fix the process and streamline it, a company can improve:
- Operational efficiency
- Revenue growth
- Cost containment
- Fraud to risk
There are five steps to follow in the guide that will help you create a more efficient and effective expense reporting process, and they begin with deciding to fix it. While no one will ever ask you to fix the process, as a small business owner you should be one that takes action automatically to improve your business. This is certainly a guide that will help!
The “Don’t Wait to Fix It” Guide is available for free download. Check it out and evaluate if your business could improve it’s processes and follow the steps to greater efficiency and cost savings!