Entrepreneurs using SaaS-based expense management solutions are more efficient and competitive
RelationshipIt is very likely that you have read this far because you think I am crazy. As effective as an ashtray on a motorcycle or as useful as a cup of chocolate tea. Maybe it is, a little, but there is no doubt that an entrepreneur who decides to use SaaS-based expense management software will become more efficient and competitive thanks to it.
Here’s my innovative thinking: SaaS, or Software as a Service, for the uninitiated, is a method of using the computer on your desk, or on your lap, or in your hand, if it’s a smartphone, to operate using software. held in the cloud to do your work for you. (Don’t be afraid of the notion of cloud computing; it’s what it means to access software that’s not on your computer, but on a server farm or two, somewhere else on the planet. We all do it, often. Without us realizing ).
Having WiFi, you can manage expenses
Now, because this could-based expense management software is accessed through any device of your choice, using a WiFi connection, the smart business man or woman can use it whenever and wherever they want. It’s always on, always available, and always ready to support registration, claiming, processing, and paying expenses. It no longer has to be a chore by the time you’re back in the office at your desk.
And because the task, which after all is merely administrative, can be managed whenever you have a few spare minutes, there’s more time for you to get on with the things that really matter; things like meeting new customers, opening new markets, making new sales, and generally doing the things you run your business to do. In short, that is what is included under the heading of ‘added value’. Said like this, it is clear that spending time on an administration thing, which does not add any value, but which is nevertheless vital, must be done in the shortest possible time.
Smart developers do the work
Using a SaaS expense management suite is just the tool to achieve this. Because smart developers have thought of so many things, all you have to do is record the expense in the correct category, after which the software is able to remember it, add or subtract tax, and make sure the figure is passed on. , without error, to your organization’s finance staff.
They made it possible to integrate the expense management app with credit cards, so spending becomes an automatic record (how cool is that?), and so flexible that it will work in any currency anywhere in the world .
Plus, if you’re diligent about carefully recording expenses (which applies to everyone in your organization), you eliminate the margin for error, which can be a real cost savings in and of itself.
And because you’re doing all that, it’s time for you to be more efficient and competitive, making all those deals that will add more value to your business.
Or maybe you could take a little more time at lunch, or save some time and sneak away to play golf or watch football, if your conscience allows. After all, it is your freedom; If you choose not to become more competitive and efficient, well, that’s your decision. You are the entrepreneur, after all…