From language barriers to maneuvering through unfamiliar territory, business travelers have a laundry list of stressors that can decrease happiness and productivity while overseas. Your company can either add to their woes or help alleviate their anxieties – all based on the expense management solution you choose.
Adding to Woes
Choose a clunky, hard-to-use expense management system and you can watch your international business travelers’ productivity take a nosedive. Problems with ineffective systems can include:
- Not being able to file reports or receipts on the go
- Seeing a different interface depending on the device they’re using to access the system
- Extensive training required to use the system in the first place
- Struggling with multi-country reports requiring different currencies, rates and tax amounts
- Needing to memorize or constantly refer to policy manual to double-check in-policy and out-of-policy expenses
Not only can tedious, inefficient systems drastically reduce your international travelers’ productivity levels, but it can also put a big dent in their levels of contentment.
Adding to Productivity
A streamlined expense management system is one that alleviates traveler stress, not add to it. Features you’ll find in an advanced solution include:
- Deep mobile capabilities, allowing your business travelers to create, populate and complete all stages of their expense reporting from different devices on the go. They can start the pre-approval process on desktop, snap and send a receipt in a taxi, and submit a report from a tablet.
- Consistent look-and-feel, on desktop, tablet, smartphone, laptop or any other device, so the interface your employees see is always the same.
- Intuitive interface, which guides users to functions they need without excessive, or perhaps any, training.
- Conversion capabilities, with reporting solutions available in multiple languages and currencies, as well as offering a per diem wizard that tracks trip time, dates and location to apply the correct rates and tax amounts. Support for VAT and international tax policies are at the ready, with no need to pre-program or input country-specific data. All taxes and currency conversions are handled within the application, delivering accurate calculations and overall results.
- Policy compliance assistance, with the ability to deliver dynamic policy information as your travelers are working on trip pre-approvals and purchase orders. Employees can be shown acceptable hotel and rental car rates while learning to select only preferred providers. The system also encourages them to be prompt with their claims and submit them in a timely manner.
Higher Productivity, Lower Anxiety, Happier Travelers
Equip your international travelers with an efficient, effective expense management software and the natural result is more efficient, effective employees. You can also be assured a solution that works so well for international travel is going to provide the same high-level of performance for domestic travel, making it a single solution for all your business travelers’ needs.
- 6 Reasons for Implementing an Expense Management System
- How Expense Automation Can Increase Manufacturers’ Profit Margins
- Reducing Employee Expense Fraud – Strategies and Tools for HR Leaders
- Capturing and Optimizing Your True Corporate Travel Program Spend Using Total Cost of Ownership
- Specialist Expense Vendors vs. ERP Suite Modules: Pros and Cons
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