Nowadays, people prefer to manage everything online, and traveling details are no different. When you think about vacation, booking travel online is the best option. Several software and apps are available to help keep track of your travelling expenses. ZOHO Expense is one such utilitarian app that can manage your online and offline traveling details with ease.

Features of ZOHO Expense

Here is detailed information about the multiple features of ZOHO Expense – The online travel and expense management software that takes care of your travel business like a breeze.

Travel Expense Reporting 

While looking out for a concrete method to manage expenses for your business trip, ZOHO Expenses can prove to be the best solution. It can assist your organization in:

• Creating comprehensive travel requests,
• Providing complete itinerary details
• Providing offline ticket options
• Setting up travel approvals
• Approving ticket costs
• Managing traveler profiles
• Making online travel bookings

Expense Management

Maintaining a budget is a big issue for every travel company. With the help of ZOHO Expense, you can set up a budget and make new rules or policies to maintain that budget. This way, it allows you to manage the expenses of your company. Keeping your company under budget can eventually bring you more profit.

Receipt Management

With ZOHO Expense you can remain assured of tracking all the receipts without fail. It allows you to store all the receipts digitally in your account, which sets you free from the hassles of losing paper copies. In addition, the app lets you auto scan receipts with automatic forwarding, and imports them in bulk or through other cloud applications.

Mileage Tracking

Do you track mileage of your business? If not then you should do it today itself as it helps appreciably in the management of your organizational spending. This is where ZOHO Expense chips in again and ensures satisfying mileage tracking with 100% accuracy.

Expense Report Management

A travel company not only manages its own financial aspects but it also has to maintain monetary related reports of numerous stakeholders, including its employers, customers, investors, etc. Committing mistakes is usual for humans especially while managing a large number of expenses. However, a small mistake can cause big trouble when it comes to a company.

Besides being error prone, the manual process of managing expenses is also tough and time taking. Thankfully, this application makes expense reporting a cakewalk for you and your employees. You can use it to create expense reports with all the necessary information they require. Your employees can add expenses to a particular report before its submission for approval.

Expense Report Automation

ZOHO Expense offers an automatic process for managing expenses generating receipts of your travel company. It enables you to ignore errors, which are very normal in manual processes. ZOHO Expense can add an unreported expense to a report within a specific date automatically by sifting through your expenses. This will make the report ready for submission. Besides, as an admin or approver, you can also set up custom criteria to auto approve the expense reports, which sets you free from approving them manually, thus saving your time.

Expense Auditing

It lets you stay compliant with government regulations and perform in-depth audits by seeking assistance from automation and informative analytics. Yes, Expense auditing lets you stay updated about certain adverse traits like possible duplicate entries or policy violations. In addition, you can detect fraudulent behavior; run audit trail reports, back up data, and associate digital records with expenses.

Compliance maintenance

On the compliance part, ZOHO Expense holds an ISO certificate and is GDPR compliant. It owns 8 dedicated editions for the US, UK, UAE, Saudi Arabia, India and Canada. This is all in addition to the global edition of ZOHO Expense. Hence, it emancipates you from the possible problems occurring while abiding by local compliance laws.

Takeaway

Managing expenses in the travel business is not easy, especially when it concerns the money of multiple people. ZOHO Expense can manage all those expenses easily and give you a proper report from time to time. It can save your money by reducing the expenses of manpower requirements.

ZOHO Expense automates the process of expense reporting. Therefore, you can manage the entire expense reporting in a much shorter time as compared to manual reporting. It also helps your employees to be more efficient. Overall, ZOHO Expense can be very helpful for your travel business, as it is an all-in-one platform for travel business owners. Its unique features help you to sophisticate your tasks and infuse productivity in your travel business.