Featured Posts
Sunday, March 2, 2014
Business Travel In interesting Turn
Every business company is doing the best that they can in helping out their company to survive in the world of very elusive business competition. Some of the business company that making travel is a part of their business venture makes a big leap every time the employee that they have goes to a business travel. Admitting the fact that the business company that making business travel are the hard time with the expense but somehow in this year traveling is been a big A plus for every business company.
Making business travel is one of the best thing that the company in socializing with the other business venture but somehow doing the best effort is the best way to make it all successful. In the world of business it takes big leap when the company having a business travel if they are having the hard time with the expenses that they have inside the company. When it comes to business travel all of the employee are required for the expense reports that they have after the trip that they made so that the company will know how much expenses that they have during the trip that they have but somehow most of the employee maybe get to stock up after the trip sometimes loosing the receipts which is very important during the reporting that you have.
A recent Pullman – IPSOS survey titled "Blurring, a growing trend amongst international travelers: chinese and brazilians at the top", reported that business travelers are frequently extending their business trips to include leisure time for themselves and in some cases, inviting their families. And with travel providers such as Day’s Inn and Avis piggybacking on the trend, it’s clear that this blurring of business and leisure is becoming the new norm for American business travelers.
Whether you want to call it “bleisure” or a “bizcation”, the practice is not only being used by employees with flexible travel policies, it’s also being used as a hiring incentive by some companies. As companies rely more and more on employees being available 24/7, it’s not surprising that employees would welcome the option to balance their personal and professional lives while traveling. Lines are increasingly becoming blurred for the mobile business traveler as personal activities bleed into the workday and vice versa, so it’s only natural for this phenomenon to extend into business trips.
Depending on how flexible the company T&E policy is, some traveling employees are urged to use earned time off to extend these trips, while others are simply finding ways to reduce business travel costs by choosing stopover locations that they would personally like to visit, so there are clearly cost benefits for the company as well as the employee.
So how can you construct a T&E policy that incorporates this new concept? Extending a business trip can have benefits, such as: Read more T&E Policies and "Bizcations".
Sunday, February 16, 2014
Mobile Capacity the New Essential
The technology is moving so fast in these days after especially in the world of the phones upgrading every single bit of it to use efficiently. Today phone is part of any business venture especially in the any firm all over the world.
They certainly are having an effect on expense reports, with automated expense management programs like Certify allowing individuals to upload receipt images using only their mobile phones. Now, a number of recent reports suggest that engagement with mobile phones during business trips has become common even necessary for a number of business travelers.
A recent report from Business Insider further illustrated the meeting point between business travel and mobile phones. The news outlet, citing information from PhoCus Wright, reported that mobile commerce will account for more than 25 percent of all online travel bookings within the next two years.
Business Insider went on to note that mobile devices are "ideal companions for travelers." For example, tablets currently account for 7 percent of all online travel bookings, a clear indication that those in the travel industry need to consider mobile products and services an integral part of their current and future business strategies.
Certify has recognized the increasing need for mobile capabilities in consideration of today’s busy business travelers through automated expense reporting technology. There's no limit to what Certify users can do using their phones, from uploading receipts to approving their completed - and automatically generated
Wednesday, February 12, 2014
Hints in Keeping Green through Out the Year
In the start of the year every company have their own new way in making an all throughout the year. Making something new for your business company is great make it such as making your company to be greener.
There are several benefits to doing so, all cost-effective, and in some cases, even profitable.
Organize a “Green Committee".
Engage your employees to find ways to improve your current green policies and practices, as well as finding ways to increase process efficiency you might be surprised to find that your employees have some great ideas.
Use your new status as an eco-conscious organization to attract clients, partners, and top talent.
Get a leg up on your competition by promoting the fact that you are an organization concerned about your environmental impact, and you could start working with a whole new group of people that were previously inaccessible.
Schedule an energy-use audit with your local utility companies.
Contact your electricity, heating, and water companies to give you an analysis on where you can increase your utility efficiency and reduce waste.
Offer your employees the option to work from home.
There have been numerous studies done showing that employees with work from home options are happier, more productive, and less likely to leave their current jobs. Introduce more plants into your office.
Literally adding more green to your office increases air quality as well as providing a pleasing aesthetic for your employees and your clients.
Introduce or increase your recycling efforts.
If you don’t currently have recycling bins in your office, add some to the area where your trash bins are located. You can start with one large recycling bin in the kitchen or common area, and eventually add a smaller bin to each workstation in your entire office.
Make the move to cloud-based software.
Reducing paper consumption and associated printing materials such as ink, folders, filing cabinets, etc., is the quickest, easiest, and most cost-effective way to reduce your carbon footprint. For example, expense reports take up an enormous amount of paper and storage space, both of which can be eliminated by switching to a cloud-based system of your firm. Surfing online is the best thing for you to do and find some expense reporting software review where you can finally based up if you needed it in your firm.
When traveling, opt to rent hybrid or electric cars.
Due to popular demand, most car rental agencies are offering this option at very reasonable prices.
Using just one or two of these tips is bound to make a positive difference with immediate results, but if becoming a greener organization really resonates with you, why not begin incorporating green initiatives into your business strategy? Your organization can only benefit from the increased efficiency, productivity, and reduced operating costs that being green provides. Making the move to cloud-based software is a great way to start being more eco-conscious.
There are several benefits to doing so, all cost-effective, and in some cases, even profitable.
Organize a “Green Committee".
Engage your employees to find ways to improve your current green policies and practices, as well as finding ways to increase process efficiency you might be surprised to find that your employees have some great ideas.
Use your new status as an eco-conscious organization to attract clients, partners, and top talent.
Get a leg up on your competition by promoting the fact that you are an organization concerned about your environmental impact, and you could start working with a whole new group of people that were previously inaccessible.
Schedule an energy-use audit with your local utility companies.
Contact your electricity, heating, and water companies to give you an analysis on where you can increase your utility efficiency and reduce waste.
Offer your employees the option to work from home.
There have been numerous studies done showing that employees with work from home options are happier, more productive, and less likely to leave their current jobs. Introduce more plants into your office.
Literally adding more green to your office increases air quality as well as providing a pleasing aesthetic for your employees and your clients.
Introduce or increase your recycling efforts.
If you don’t currently have recycling bins in your office, add some to the area where your trash bins are located. You can start with one large recycling bin in the kitchen or common area, and eventually add a smaller bin to each workstation in your entire office.
Make the move to cloud-based software.
Reducing paper consumption and associated printing materials such as ink, folders, filing cabinets, etc., is the quickest, easiest, and most cost-effective way to reduce your carbon footprint. For example, expense reports take up an enormous amount of paper and storage space, both of which can be eliminated by switching to a cloud-based system of your firm. Surfing online is the best thing for you to do and find some expense reporting software review where you can finally based up if you needed it in your firm.
When traveling, opt to rent hybrid or electric cars.
Due to popular demand, most car rental agencies are offering this option at very reasonable prices.
Using just one or two of these tips is bound to make a positive difference with immediate results, but if becoming a greener organization really resonates with you, why not begin incorporating green initiatives into your business strategy? Your organization can only benefit from the increased efficiency, productivity, and reduced operating costs that being green provides. Making the move to cloud-based software is a great way to start being more eco-conscious.
Monday, January 27, 2014
The Employee Business Expense List
A commonly missed deduction is the not reimbursed employee business expense. Anything that is required by your job that you have to pay for and don't get reimbursed for is tax deductible. There are more things in this category than you might think that could be deductible. The most common are transportation, travel, and meals and entertainment. But there are many more. Here is a list of 7 employee business expenses you are probably missing on your taxes.
Vehicle Expense. If you have to use you own vehicle for anything other than going to and from work, you can deduct the mileage. Some examples of this are running errands for your boss, going to job sites and driving to seminars. Also, if you have two jobs and you drive from one job to the other, those miles are tax deductible.
Travel Expense. Some jobs require the employee to travel out of town. Most employers reimburse travel expense but if not you can deduct travel such as airfare, hotels. Taxi fare, meals, and a passport. Meals and Entertainment. If it is ordinary for your type of business to take clients to lunch or dinner, play golf, or provide them with entertainment, then it is deductible. This is a touchy deduction because it can be misused and the IRS looks closely at it in an audit. But there are a lot of businesses where meals and entertainment is a common even a necessary expense.
Safety Equipment. Tools and supplies that you pay for are deductible.
Uniforms. Clothing required by your employer that is not suitable for ordinary wear. If the uniform has a logo on it or is special clothing such as scrubs in a medical office it is deductible. But it you could wear it to the store or to a movie or somewhere like that it is not deductible. To give you an example, I had a client who had a job selling nail polish. She did demonstrations to large groups of business owners. She was required to wear black clothing. She got audited and even thought she didn't like black and didn't wear the clothing anywhere else, the IRS disallowed the deduction because it was normal clothing that she could have worn anywhere.
Protective Clothing. This is different than uniforms. It includes hard hats, safety glasses, gloves, coveralls, safety shoes, etc. Any clothing that protects you from harm other than your normal clothing is considered protective clothing.
Vehicle Expense. If you have to use you own vehicle for anything other than going to and from work, you can deduct the mileage. Some examples of this are running errands for your boss, going to job sites and driving to seminars. Also, if you have two jobs and you drive from one job to the other, those miles are tax deductible.
Travel Expense. Some jobs require the employee to travel out of town. Most employers reimburse travel expense but if not you can deduct travel such as airfare, hotels. Taxi fare, meals, and a passport. Meals and Entertainment. If it is ordinary for your type of business to take clients to lunch or dinner, play golf, or provide them with entertainment, then it is deductible. This is a touchy deduction because it can be misused and the IRS looks closely at it in an audit. But there are a lot of businesses where meals and entertainment is a common even a necessary expense.
Safety Equipment. Tools and supplies that you pay for are deductible.
Uniforms. Clothing required by your employer that is not suitable for ordinary wear. If the uniform has a logo on it or is special clothing such as scrubs in a medical office it is deductible. But it you could wear it to the store or to a movie or somewhere like that it is not deductible. To give you an example, I had a client who had a job selling nail polish. She did demonstrations to large groups of business owners. She was required to wear black clothing. She got audited and even thought she didn't like black and didn't wear the clothing anywhere else, the IRS disallowed the deduction because it was normal clothing that she could have worn anywhere.
Protective Clothing. This is different than uniforms. It includes hard hats, safety glasses, gloves, coveralls, safety shoes, etc. Any clothing that protects you from harm other than your normal clothing is considered protective clothing.
Thursday, January 16, 2014
Using Certify and you won’t Struggle Anymore
There are no good reasons for entering and processing your expense reports manually. Such a process wastes the valuable time of your accountants, you’re traveling employees, and may even cost your business funds through mistakenly reimbursed expenses that violate policy. Even if you've been using Excel for years, and have come to rely on it, the time has come to switch to cloud-based expense reporting software. Definitely one of the best of today's era is making all things in simple and in the easy way such as travelling for the different ventures and how will you help out your employee or yourself from the stressed that in works in them. Changing up your reporting is the best move that you can change the entire reporting of the business travel and expense management software is the best option that you can make your the business.
If you're worried that switching from manual entry to a digital solution will give your office trouble, then you can dispel that worry: Certify can be easily implemented into any office setting. Better yet, our team offers a number of services that can get your workers up to speed and using our software like experts in a matter of days. It may have taken you years to get into the groove of your current expense reporting solution, but getting used to Certify will only take a few short hours.
A full team of Certify advisory will help you to implement the system into your office. Typical implementations take less than four weeks, and consist of implementing the service, configuring it, linking the product to your company's expense policy, training your users, testing the product and much more. One system analyst, working at a company with over 300 employees, testified that Certify was installed by their organization in less than a month. You can even try Certify yourself with self-service software. Try Certify now on our website, and you'll be offered a 30-day free trial that will allow you to experience the benefits on your own terms. You'll even gain access to the Certify online support center, which contains many question-and-answer and training videos.
Monday, January 6, 2014
What is your plan in your Business for 2014?
A lot of us wishing for the best in the upcoming New Year especially in the world of the business that we can more have the best in the start of the year. Making your business in the start of the year is the best thing that you need in your list as the year starts in you. When it comes to business all you want is the best on how to make it grow more n the upcoming years and also how to maintain the state of your business in the market.
This year maybe it is the time for your business try for the something new on how to make out your business in the way. Make your business try something new to make a big difference in the entire opportunity for the business that you have. Today most of the businesses find an alternative way in making every business in the state that they can make it on the top of the business. The best to make out with your business is making the cloud be part of your business yes using the cloud is one of the best way to make your new year start with a new in making all your expense reports easier and faster. This is one of the best way most of the business to have a one step ahead in every businesses.
Sunday, December 29, 2013
Big Advantage of Expense Management Software in the Business
Many organizations usually tend to ignore the important role of the optimal expense management in the process of streamlining the business environment. The fact is that keeping a record of the timings and official expenses of your employees can help organizations make insightful decisions and also aids in long term savings.
If your company is just a start up, you may prefer maintaining an Excel spreadsheet of employee attendance and the official costs incurred or rather even prefer going the traditional way with handwritten records. But, as your staff and business grows, your teams get larger and better, the time and expense management strategies need to alter as well in order to keep up with the complex and recurring office expenditures. Whether your organization is an accounting firm, IT consulting company, or a bank, as your company expands, you may reach a point wherein it will become necessary to take optimal advantage of your resources and track your revenue and costs and try and save as much as possible for the future. Multinational companies even need to anticipate upcoming expenditures and plan accordingly well in advance.
Expense management software is a robust solution that helps seamlessly tracking the costs that your organization incurs from time to time. It usually has an intuitive user interface that allows employees to easily record and claim expenses through the web portal. The implementation process is also fairly simple and less time consuming. This software also assures a quick approval process and thus guarantees faster reimbursements. If your organization is working multiple projects simultaneously, the software also aids in keeping a clean project based cost accounting system; thus helps in billing clients accurately.
Another advantage of this software is that it helps you cut down on paper trails and unnecessary expenditures. It also ensures that no money wastage is done as all the expenditure made is tracked and steadily you get to know about which are the necessary expenses that you cannot avoid and the ones that you can cut down. It can also be tailored as per your business requirements and the expense claims process can be made a lot easier, faster and flexible.
If your company is just a start up, you may prefer maintaining an Excel spreadsheet of employee attendance and the official costs incurred or rather even prefer going the traditional way with handwritten records. But, as your staff and business grows, your teams get larger and better, the time and expense management strategies need to alter as well in order to keep up with the complex and recurring office expenditures. Whether your organization is an accounting firm, IT consulting company, or a bank, as your company expands, you may reach a point wherein it will become necessary to take optimal advantage of your resources and track your revenue and costs and try and save as much as possible for the future. Multinational companies even need to anticipate upcoming expenditures and plan accordingly well in advance.
Expense management software is a robust solution that helps seamlessly tracking the costs that your organization incurs from time to time. It usually has an intuitive user interface that allows employees to easily record and claim expenses through the web portal. The implementation process is also fairly simple and less time consuming. This software also assures a quick approval process and thus guarantees faster reimbursements. If your organization is working multiple projects simultaneously, the software also aids in keeping a clean project based cost accounting system; thus helps in billing clients accurately.
Another advantage of this software is that it helps you cut down on paper trails and unnecessary expenditures. It also ensures that no money wastage is done as all the expenditure made is tracked and steadily you get to know about which are the necessary expenses that you cannot avoid and the ones that you can cut down. It can also be tailored as per your business requirements and the expense claims process can be made a lot easier, faster and flexible.
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