Every business needs to maintain a healthy cash flow. When organizations don’t know how much cash is going out, it can lead to problems such as cash flow mismanagement and budgetary deficits. Expense management digitises processes, such as expense reporting, payment, and reimbursement, allowing businesses to track employee expenses in real-time. Organizations can track and maintain control over spending, reduce errors and fraud, and base expense policy decisions on complete and accurate data by automating the expense management process.

XPNS, India’s first SaaS-based, do-it-yourself expense management platform, helps small and medium businesses to automate the complete expense processing cycle within less than 30 minutes. Our solution enables businesses to:

• optimize the cost of processing employee expenses. 
• set-up operationally lean and efficient processes
• improve visibility and control to better manage cash flow.

On average small businesses spend a minimum of 15 hours a month processing expense reports, a task that costs the company more than U$5 ( INR 400) per report. XPNS offers a smarter, simpler and cost-efficient alternative to manage spend. 

• Lower processing costs: XPNS lowers the cost of processing expense reports by moving to an automated approach.
• Increase compliance: Manually processing expense claims, and employee payments is time-consuming. XPNS helps businesses to stay compliant with tax regulations and accounting standards. All expenses are properly recorded and categorized, making it easier for businesses to comply with regulations and standards.
• Prevent cash leakages: Controls excessive spending and prevents cash leakages by providing XPNS cards with spend limits to employees.
• Lower Incidence of fraud: Automatic policy enforcement ensures that unintentional events like duplicate receipts are proactively monitored along with intentional fraud events.
• Make data-based decisions: Real-time information provides insight into outflows and helps businesses with policy and budgetary decisions.

Businesses can provide XPNS prepaid cards to employees to pay for company expenses. The cards serve as an excellent tool for improving a company’s expense oversight while helping to make payment processes more efficient.

XPNS cards help businesses to:

• Streamline workflows: Reduce reimbursement overheads and optimise expense workflows.
• Control expenses: XPNS cards provide greater financial oversight and reduce overspend by employees.
• Simplify reconciliation: Send transactions, receipts, and other data to your accounting software through integrations.

XPNS automation software is paired with XPNS cards. We recommend businesses opt for the cards for better control over expenses and reduced compliance. overheads. Businesses who want to opt-out can have a discussion with the Zaggle account manager.

Businesses can subscribe to a monthly or an annual subscription model, depending on their need. For pricing details please visit — https://www.xpns.com/pricing/

The XPNS operations team helps customers to resolve issues. Customers can write to [email protected] to resolve queries.