

As an employer, do you sometimes feel like your employee expenses are out of control? The vast majority of businesses find that they are not managing their employee expenses as well as they would like; in fact, many companies seem to be at a loss as to how to gain control over and better manage employee expenses. In over 70 countries worldwide, businesses have found the solution to expense management online at expenseondemand.com.
Expense on Demand (EOD) is an automated employee expense management service. It is a hosted service which means that subscribing businesses do not have to continually invest in IT equipment and consequently avoid associated maintenance and overhead costs. All the business needs is Internet access with a standard browser. The secure host website is responsible for all updates and site maintenance. Expense on Demand provides interfaces with common accounting programs, such as QuickBooks, Sage and SunSystems for exporting data and eliminating any need to re-key.
Significant amounts of time are saved with EOD. By programming expense approval parameters into the company’s EOD system, expenses can be automatically approved, leaving only those claims that fall outside the set parameters to be addressed by claim approvers. Employees will love the convenience of EOD. Not only does EOD alert submitters to claims that are not within company parameters before the claim can be submitted and denied, but EOD enables employees to submit their claims with a Smartphone or PDA instead of having to submit claims at the office.
EOD affords great flexibility in reporting and analysis. A company’s entire EOD service may be customized so that all pertinent data is only a keystroke away. It is simple to create categories for various claim types. Using these categories, data can be routed as needed for approvals, analysis and reports. The ability to customize rules, limits, reports, approval levels, settings and more makes Expense on Demand a very functional, useful tool for managing employee expenses.
One of the largest categories of employee expenses to be reimbursed is travel expenses, such as mileage, hotel and food expenses. With EOD, a company can easily create categories for all of the various common expenses incurred so that at any given time, management can view the current expenses. Here is where the automatic expense approval customization becomes important. If an employee travels the same route every expense period, a pre-set journey claim can be entered to assure consistent 100% compliance. Mileage rates can easily be pre-set for any country or currency.
Expense on Demand is a very sophisticated business application currently being used in over 70 countries, both in the public and private sectors. The rules-driven automated expense claim routing assures that all expense claims are subject to the same rules; employees have confidence that the system in extremely quick and unbiased. In addition to employee expense services, expenseondemand.com offers payroll processing, cost center, receipt and document management services. If your company is interested in reducing operating costs and increasing internal controls, Expense on Demand is the ultimate solution for your needs.
Expense On Demand Ltd
Abbey House
28-30 Chapel Street
Marlow
SL7 1DD
0870 366 2300