Travel & Expense Management with ExpenseWatch.com
Complete visibility and control over company travel and expense spending.
With ExpenseWatch.com, travel and expense management couldn’t be easier.
Because Expensewatch.com is an open expense control platform, you can combine your travel and expense management programs into one seamless system.
Using the ExpenseWatch.com best-of-breed expense control system and the travel management program(s) of choice, you can integrate online travel and expense management into one end-to-end solution encompassing pre-trip approvals through to expense report reimbursement.
Employees will welcome tools to simplify and speed expense report creation, while corporate managers will value greater control over all spending. Integrating your travel management system with ExpenseWatch.com will enable you to:
- Populate expense reports with booking data and linked credit card charges, improving the accuracy and streamlining the expense report creation process for traveling employees;
- Reconcile booked or planned travel against actual expensed items and credit card transactions, helping to prevent fraud and out-of-policy spending;
- Aggregate booked travel from one or multiple online travel booking services within ExpenseWatch.com, acquiring visibility into company-wide behavior which may be distributed over different booking solutions.
Here is how it works:
You book travel using your preferred travel management company. After your trip, you receive email notification of itineraries & credit card charges to process.
When you log into ExpenseWatch.com, you have complete flexibility to build your expense report the way you want. Your travel and expense data is presented in up to three ways—as separate credit card charges and/or travel bookings, and as linked items, where the system automatically associates credit card transactions to booked itineraries. Any of these items can be linked or unlinked and dragged onto an expense report to enter the expense. Cash transactions are easily added to expense reports and receipts can be scanned, photographed or faxed and attached to the top of the report or with each line item entered.
At the bottom of each expense report is a summary of all key travel itinerary data directly next to the expenses being submitted for those same items, helping to prevent fraud and out-of-policy spending. This information is visible to anyone reviewing and/or approving the expense report through out its entire life.
