Expense On Demand Helps Your Company Be Successful

Tuesday, December 15, 2009posted by Dan 10:36 AM

Expense Management

The goal of any business is to stay in business and make profits. In today’s poor economy this seemingly simple goal is becoming harder to achieve as businesses continue to fail at an alarming rate. Companies are looking at their procedures hoping to find ways to better manage their expenses. Businesses in over 70 countries have turned to expenseondemand.com as the solution for their company.

Expense On Demand currently has thousands of subscribers from all over the world, including countries such as the US, UK, Australia, India, China, Singapore, South Africa, Malaysia, Sri Lanka, Hong Kong and many EU countries. Headquartered in the UK, EOD has technology development, support and representation centers in Australia, US, India and an office opening soon in Singapore. EOD is hosted worldwide and available 24/7, 365 days a year; it can be accessed via Smartphone or PDA. EOD is a world leader in providing software solutions and on-demand business service.

Different countries feature varying tax requirements. Expense On Demand spends a great amount of time assuring that their service is tax and country/regime compliant in every country where their services are utilized. EOD has also spent extensive time learning what is culturally important to clients in various countries so that EOD will be in compliance with cultural norms as well as legalities.

What exactly can Expense On Demand do for your company? Employee expense procedures are commonly one of the most time-consuming parts of a managerial position. The accounting/bookkeeping department collects the claims and processes them. The claims must then be approved for payment (or rejected). In some companies it is the managerial staff that reviews claims for approval; other companies allocate approval responsibility to someone in the accounting department. Either way, manual employee expense procedures are very time consuming.

EOD features automated employee expense claim procedures that will save companies an incredible amount of time processing claims; in business, saving time is equal to saving money. As soon as your company is set up with Expense on Demand you will notice a quick ROI, the cost of processing employee expenses will markedly decrease. EOD enables a company to define and set the rules governing employee expense claims. Once the rules are entered into EOD it will automatically review every claim submitted and approve those that are within the parameters and deny those that are not. With EOD claim approvers will only manually deal with those claims that are denied. Automation of approvals and denials leads to significant time savings.

What does a company need to take advantage of the services of Expense On Demand? EOD is a hosted site so all that is necessary is Internet access using a standard web browser; there are no downloads required. EOD takes care of all updates and all site maintenance; your company’s IT and overhead costs will be dramatically reduced. If you currently use one of the common accounting software systems such as QuickBooks, SunSystems or Sage, your data will easily export to EOD.

Expense On Demand is a great automated service for any company that needs to gain better internal control and better manage their employee expenses. 

Expense On Demand Ltd
Abbey House
28-30 Chapel Street
Marlow
SL7 1DD
0870 366 2300



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