Employee Expense Tracker System

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Employee

Expense
Tracker System
2100080236--N. Keerthi
2100080237—P. Sanjay
2100080238—P. Pramod
What is a Expense Management System

 Expense management system helps businesses


manage and report their business expenses. It
streamlines every aspect of expense management to
minimize the risks associated with realistic expense
management. Expense management systems can also
be used for manage and monitor business
expenditures.
Why is Expense Management Important

 Expense management system gives you better control


over your business finances. Basically, this software
also gives you a better understanding of which
expenses might be coming and allows you to plan for
them. It helps ease out the procedures of expense
reporting for your employees.
Telecom expense management
 Telecom Expense Management (TEM) is the process of managing large enterprises
communications costs to include fixed voice and data, mobile devices, Unified
Communications and Collaboration (UCC), VoIP, and any other IT related services.
[citation needed] The management of wireless and wireline service and asset
expenses is labeled as Telecom expense management. Historically, Telecom
expenses were managed as general services. In recent years, more and more
organizations associate telecom expense to IT services. This change in management
is due to a shift in global business strategies towards evolving technologies.
Travel expense management
 Travel expense management (often referred to
as "T+E") is defined as the means to organize
and manage travel arrangements and costs for
traveling employee.
Technology expense management
 Technology expense management or IT expense management is the
management of technology costs such as software licenses, computer
equipment, applications, etc. Technology expense management also includes the
management of services related to technology (SaaS, PaaS, etc.). Technology
expense management activities are often performed through the use of various
technology tools (bill of IT, management software, workflows, etc).
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