Managing large volumes of expenses Shane explained that managing expenses was increasingly a monthly headache for everyone involved across the organisation. “We have roughly 25 credit card users who are based all around Australia,” he says. “A lot of our staff were sick of the process around collecting all their receipts throughout the month and putting them into a spreadsheet before sending them in.”
However, as many businesses experience, the real issue started when the various managers in different states had to then reconcile and approve a multitude of spreadsheets and receipts.
Incorrect or double entries, missing receipts and out-of-sync information all took its toll on being able to create a timely and efficient process. “We looked at the best way to improve our reconciliation system.