More than 68% of expense reports are filed during work hours (DATABASICS, 2017). This means that unless your job is only to file expense reports, workers are losing time working on their actual job. But, expense reports are probably only a small responsibility of that actual job, making it essential to acknowledge the time that goes into...
MOREUSAID contractors have a large mobile workforce depending on the project they’re working to accomplish. Whether that’s a special event or work on the ground in another city or even another country, USAID contractors need a timesheet and expense report solution that’s as mobile and agile as their workforce.
MOREEmerging technologies can play a critical role in stopping fraudsters in their tracks. According to a 2014 guide, most fraud occurs because reviews and approvals become more lax over time while workers find loopholes as they spend more time with a particular system.
MOREThe future is unclear for the Open Payments program. Because it was implemented as part of the Affordable Care Act (ACA), the possibility of changes or even complete repeal of the Sunshine Act is becoming more real, causing questions to arise about what will happen to the program in the near future.
MOREUSAID contracting organizations are busy working toward their mission, leaving them little time to concern themselves over employee timesheets and expense reports. On the other hand, some of these organizations might be spending too much time and effort working on manual spreadsheets to track their time and expense.
MOREIn addition to trying to accomplish an initiative, nonprofit administrators need to figure out a system for paying back their employees and volunteers for travel expenses.
One easy form of reimbursement is the per diem, which translates literally to “per day.” This means that workers and volunteers are reimbursed based on a daily rate instead...
MOREStaffing firms are often in search of ways to cut down their administrative costs and get billing completed and to get paid faster. This administrative overhead is a huge burden, one that can be reduced easily with a timesheet and expense reporting solution.
MOREDATABASICS can help you stay on top of Canada's requirements for reporting and recovery according to your company policy.
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