The human resource department forms the administrative core of any
company. The more efficient and productive the HR team is, the happier they
can keep the company's employees. With people management being their
main focus, making processes simpler for the people also becomes part of
their agenda. Expense management is one such process. 44% companies
agree that HR integration are a must for expense management
tools. Beehives’ Travel & Expense Management can not only make
reimbursement cycles faster, but also ensure HR and payroll teams are
benefited from it and they can use the expense data to make smart and
Travel and Expense management module makes it easy to keep track of
business travel expenses. This module provides complete overview of the
expenses made by the employee. With Beehives’ advanced reporting, you
can easily assess the expenditure made on travels and other areas, and so
you can identify where you could cut the cost. Dashboards provide an "at-a-
glance" view of travel and expense spending for your department. The
dynamic reporting offered by us give the visibility you and your management
team require for expense management.
Efficient expense requests, reimbursement and reconciliation with Beehive Travel and Expense management :
Rich configuration for travel and expense based on the groups/grades.
Online travel and expense requests based on the policy.
Saves time & streamlines your reimbursement process
Personalized dashboard for instant one-click access.
Option to choose the reimbursement request type & forms from customized list.
Automatic email triggers are sent for reimbursement request
submission, approvals & declines.
Status of your reimbursement requests can be tracked online.
Mobile Expenses for Modern Employees available with Beehive:
The idea of attending to administrative work at any time and any place with
just the use of one device makes automated expense management tools all
the more desirable.
Mobile apps enable users to take pictures of paper bills as proof of
Managers are alerted about newly recorded expenses and smart
approval workflows see to that all claims are approved and with the
help of policy checks fraud is detected instantly.
Not only is expense tracking easier, but with one-click expense reports
containing breakdown of spend and supporting proof, there is no hassle in
submissions and HR teams can view these reports in real time.
As per certain market estimates, travel and expense management is second
most difficult cost to handle and monitor, 73% employees said they were likely
to look for a new employer if reimbursement cycles were constantly
slow. Thus, it is vital to have a means by which employees are not struggling
to make expense reports and organization are able to sustain their workforce
and keep them satisfied. Human resource teams work very hard to recruit
worthy candidates and maintain the employee life-cycle. A fully automated
solution like Beehive HRMS can help employees claim their money back
faster and help cement a strong relationship between HR teams and the staff.