Analytical expense management system

Abstract

Although the development of communication technologies (e.g: UMTS, ADSL) allowed the elaboration of multiple users' web applications (e.g. information storage), there are still many improvements on many applications to be done and uncovered areas. Expense management systems on web application area are still in their infancy.Expense management software is widely spread in companies and most of time supported by their intranet. These solutions are quite simple as they mainly collect the information related to the expenses and may propose a simple aggregation of these figures. The result is close to what an excel sheet provides.

Navigating the Digital Landscape: Situation and Risk Assessment of Digital Solutions in Forwarding Companies

“…■ Digitisation of the waybill, which is the main document for all transport and logistics sectors, could introduce a paperless process which minimises waste while improving returns in processes (Casado et al, 2021). ■ Digital expense management software (provides online invoice approvals and workflows, processes company purchases, tracks approvals, and manages travel and entertainment expense reports) would allow the storage of receipts digitally and keep the forwarding company compliant with fiscal rulings (Arsan et al, 2009). ■ Monitoring drivers' behaviour and adjusting insurance solution would reduce accidents' costs and save on fuel (Soleymanian et al, 2019).…”

“…Kottler (2018) explored the potential of blockchains in addressing supply chain challenges, emphasising transparency and authenticity in transaction records. Arsan et al (2009) highlighted the increasing adoption of automated expense control software, presenting advantages such as a nearly paperless system for approval routing and expense management. However, challenges emerge as organisations become more multinational, necessitating web-based solutions.…”