SoftGuide > Functions / Modules Designation > Travel expenses

Travel expenses

What is meant by Travel expenses?

Travel expenses refer to the total costs incurred in connection with business trips. These include expenses for transportation, accommodation, meals, communication, as well as other related expenses. Travel expense management involves the recording, monitoring, and reimbursement of these expenses in accordance with company policies and legal regulations. Effective travel expense management helps companies control expenses, ensure compliance, and optimize the reimbursement process for employees.

Typical features of software in the travel expenses area include:

  1. Expense Tracking: Tracking expenses for various categories such as transportation, accommodation, meals, etc.
  2. Receipt Management: Uploading and storing receipts for each travel expense to support accounting and reimbursement.
  3. Travel Policies: Implementation of company policies for the reimbursement of travel expenses and their automatic verification.
  4. Approval Workflows: Setting up workflows for the approval of travel requests and expense claims.
  5. Currency Management: Supporting various currencies and automatically converting expenses into the local currency.
  6. Reimbursement Processing: Processing travel expense claims and reimbursements to employees according to company policies.

 

The function / module Travel expenses belongs to:

Statistics/Forecast

classification and regression trees
Course participant and learning statistics
Customer and sales data analysis
Customer evaluations
Econometric and statistical analyses
Linked data management
Mandate analysis
Metropolis algorithm
Network Statistics
Predictions
Utilization analysis according to loss classes

Travel expenses

Accounting

Software solutions with function or module Travel expenses:

CANDIS
Cegid Talentsoft
Projektron BCS - Web-based project management software
rexx Enterprise Recruitment - Applicant Management Software
Sage HR Suite
TimO project management, time tracking, capacity manag. and controling