What are the Advantages of a Business Expense Tracker On the Cloud?

Traveling outside your city on business without home-cooked food or a warm bed? You need to be fresh the next morning for a critical client meeting. All you need to do is keep track of expenses for reimbursement. Now, you don’t need to worry about the expenditure on entertaining clients and getting the reimbursement fifteen days later! You can create a record on the taxi back to the hotel and attach a photo of the restaurant’s bill to your business expense tracker app. All this and more is possible with this reliable software for expense management.

What if you’ve been traveling for several days and feeling the blues without your kids? Will you remember to keep all the receipts looking for some change at the local pub?  Do you think you will keep those small credit card receipts and bills for travel and meals? Sometimes people only realize in the morning while dressing that they threw a bunch of slips in the rubbish bin! The monetary losses can be immense or the increased time in receiving your reimbursement without slips.

Ten advantages of on-cloud business expense tracker applications

Let’s take a look at ten reasons a customizable business expense tracker app is recommended–

    • Always connected software with your data safely on the cloud.

    • A single interface for all your expenses.

    • Comprehensive records with attachments. You won’t need to upload expense details again.

    • Import expenses from CSV or XLS files.

    • Create multiple user interfaces for different expenses, like meals, travel, gifts, etc.

    • Single click for assigning ‘recurring expense’ to a record.

    • App accepts multiple currencies. 

    • Clients can be billed for the expenses incurred.

    • Attach scans of receipts through your smartphone. 

    • Assign expenses to a live project for quick calculations of expenditure.

Key takeaways

Business expenses applications aren’t of much use without being accessible everywhere. If you need to wait until you are back in the office to share your expenses via legacy software, it’ll always be at the back of your mind. Additional time will also be consumed in crediting the grand total to your bank account. Rely on an application hosted on the cloud for worldwide access.

It’s possible that after traveling around the globe on business and converting dozens of leads your phone stops working. With the business expense tracker app, it won’t be a headache. Your information from the database will remain accessible to permitted users. You can start where you left off with a new smartphone!