Creating an expense policy can be a time-consuming process; but when you consider that almost 20% of travel and entertainment expenses fall outside of policy for many small businesses, it makes sense to invest the time and effort. This white paper from Concur provides tips for creating an expense policy as well as a sample policy template to help you get started.
For small businesses, the need for an expense claim solution can go beyond travel and entertainment expense management to everyday business expenses. Managing these expenses can have a major impact on a business when discrepancies are found. Find out how to efficiently control costs, optimize cash flow and discover the role automation plays in this process.
Construction firms are faced with unique communication challenges between the field and office. Fortunately today?s mobile applications allow companies to simplify the capture of information from the field and updating that data in their accounting and project management systems. Learn how mobile solutions are changing the way leading contractors increase productivity _ and profits.
With multiple teams handling different aspects of a job, tracking hours worked and accurately inputting that data can be plagued with errors. Viewpoint's Mobile Time application allows employees to quickly enter time from remote locations and the office team can easily track labor hours and costs generated, providing management visibility into the state of the project.
Mobile Production® is an innovative application for your mobile device that allows you to quickly and accurately enter and track production units in the field, which are then aggregated in Field Work Center? until they are uploaded to the job cost module. Mobile Production users can view daily and job-to-date totals and track performance against budget, ensuring optimal productivity with your projects.
Stay on top of the operating hours of all equipment on any project in the field. Getting equipment time from the field is a real challenge for contractors looking to maintain accurate operating records. Mobile Equipment® is an innovative application for your phone or tablet that enables you to quickly and accurately enter and track your equipment hours in the field.
It has never been easier to gather your resource information from the field using today's most popular mobile devices and sending that data directly to your office. Field Work Center? is a software application that enables you to review and approve data from the field prior to updating your construction accounting system. Field Work Center? provides peace-of-mind by being able to confirm and validate data from remote locations.
Planning for succession in a small business can be a difficult situation. This whitepaper is a high-level guide on how to implement a succession plan and how to get your business in the best shape possible before the transition. Ideally, you want to end up with a thorough plan, in writing, with which all involved parties agree.
Economic forces pressure businesses to adapt in order to survive. The result is an economy built on businesses that have made themselves immune to downturns. For the lumber, building materials, and hardware industry, the outcome has been a movement toward technological progress. LBMH businesses that have seized market share following shifts in the economy have shared common evolutionary advantages.
The relationship between a company’s profitability and its cash flow isn’t always fully understood. Many businesses tend to manage operations from the bottom line, believing that if sales are increasing, the business is profitable and success is guaranteed. The problem with this thinking is that businesses don’t pay their vendors from the bottom line, they pay from positive cash flow. Read more about improving cash flow with effective Accounts Receivable.