Year Round Bookkeeping Tips

bookkeeping tips

Accounting is a necessary part of any business, however, if your business does not keep tight records, when tax time rolls around, it can be a nightmare. Without a proper system to track your business’s finances, many items can fall through the cracks and end up costing more money in the long run. By implementing clear cut processes and using some simple and effective bookkeeping tips, business owners and ...

Continue reading »

Simplified Accounting for Reimbursed Expenses

reimbursed expenses

Most businesses are familiar with their routine for generating and sending invoices as well as collecting payment from customers and vendors. However, there is also another side to invoicing and that is accounting for reimbursed expenses.

Why is this an important factor to consider? Say, for example, your business hired a remote contractor to work on a client project at several of their store locations in different states. When the ...

Continue reading »

Tracking Business Expenses Simplified

tracking business expenses

Whether your company has employees that frequently travel across the globe for business or occasionally take a client out for a dinner meeting, your business incurs expenses that need to be tracked. Every business needs a system for tracking business expenses that can easily organize record keeping, taxes, and employee reimbursements.


With the Emburse expense management system, businesses can easily document, organize and automate spending. With prepaid debit cards and ...

Continue reading »

Prepaid Company Debit Cards | Advantages for New Businesses

prepaid company debit card

When starting a new business, it is helpful to have purchase spending cards that are solely reserved for corporate expenses and not mixed in on employee’s personal credit cards. There are a few reasons for this, including ease of distinguishing personal from business activities, not having to reimburse employees and easier management of tracking annual business expenses.

In many circumstances, it can be difficult for a new business to ...

Continue reading »

Budget Your 4th of July Team Event with a Corporate Spending Debit Card

corporate spending debit card

The 4th of July is just around the corner and many small business owners may host an event or team get together to kick off celebrations the day before. It is a great opportunity to thank the people that choose to work for your organization and get in the spirit for Independence Day. Hosting a team building event can take a lot of planning, needs proper resource allocation and a ...

Continue reading »

Prepaid Debit Cards | Better Team Communication

Prepaid Debit Cards

Often times, business managers face surprises during month end reconciliations for unexpected expenses that they did not approve or authorize.  Frequently, this is a result of lack of communication between managers and employees. Staff may not always be aware that there may be a preferred vendor offering a discounted rate for a particular product or service and may have purchased elsewhere. These miscommunications can add up and businesses end up ...

Continue reading »

Benefits of Using a Remote Employee Petty Cash Card

remote employee petty cash card

Petty cash is an important business necessity to help support daily operations by allowing your staff to quickly purchase items that they need to keep your business running smoothly. Whether it is stationary replenishment, mailing or shipping expenses or paying for parking at a conference, there are many small purchases that frequently arise which need to be handled on the spot.

 

This is where using a remote employee petty cash ...

Continue reading »

Top 10 Benefits of Debit Cards for Employees

Debit Cards For Employees

Month-end surprises and unnecessary time spent reconciling expenses is a pain point for many businesses. Debit cards for employees are a simple way to easily disburse funds to any staff member, even if they work remotely and make it easy for managers to track and monitor spending. Prepaid cards are also convenient for employees and much safer than carrying cash.

Here are 10 Reasons Why Debit Cards for Employees Are ...

Continue reading »

Expense Management Systems That Still Allow Employee Theft | Get Better Control with a Business Prepaid Debit Card Solution

business prepaid debit card

Cash flow is a top priority for business owners, and in today’s competitive market, every nickel and dime needs to be accounted for. Unfortunately, with many businesses, their expense management system allows for cash to still slip through the cracks - in many cases by intentional or unintentional employee theft. What may seem like small amounts adds up over the course of a year. In fact, it is estimated that ...

Continue reading »

Credit Card versus Corporate Reloadable Debit Card

Corporate reloadable debit card

Most businesses are accustomed to using the traditional credit card, usually a Visa, Mastercard or American Express. These operate under the principle of borrowing the funds and repaying them at a later date, which can be subject to hefty interest charges and cash advance fees. Furthermore, the spending limits assigned to credit cards are based on the business credit history and payment records.

In 2015, it was recorded that there ...

Continue reading »