Our mass payments methods
Accountants have come a long way with employee expense reimbursement, at least those that use mass electronic payment systems. Traditionally, accountants doing math on spreadsheets had to stare at a list of numbers reflecting expenses. Sometimes payment would get delayed due to companies putting higher priorities on money coming in rather than going out. Here are reasons why cloud-based automatic payment systems work better for today’s businesses.
Expense Reimbursement Without a Delay
The concept of reimbursement is one that not all employees are comfortable thinking about, especially since they have to pay upfront costs themselves. Then they have to wait sometimes a month or more to get their money back, unless your company goes the electronic route with a mass payment platform such as EasyStaff.
With our system you can pay back expenses more sooner than later, which will likely create better worker satisfaction. Paying high travel costs upfront is an example of a job description responsibility that many workers don’t favor, but reluctantly go along with anyway. When gas prices suddenly spike it can be financially painful for certain employees, depending on their income level. Getting repaid quickly helps reduce stress and increases spending power in a shorter time frame.
Automate Expense Reimbursement with EasyStaff
Instead of making accountants stare at spreadsheets to resolve reimbursement payments, you have the opportunity of letting automation do the redundant tedious work with EasyStaff. Our platform provides seamless, safe transactions of all sizes to any country in the world. The employee can choose their payment method between PayPal, ACH and wire transfers.
By automating the payment process you can free up your accountants to spend more time on matters that computers cannot do. They will feel more useful to the company knowing that the automation will deliver more accurate results in a more timely manner, while they focus more on research and analysis.
At one time expense approval was a tedious process that typically involved sifting through various paper documents. It involved reviewing printouts of credit card transactions and stacks of crumpled up receipts. Sometimes it even involved looking up and verifying expense policy.
Simplify the Process of Report Order Briefing
The process of report order briefing can be very complicated without an automation system in place. Publishing automated reports is a much more efficient and accurate method than trying to do it manually. EasyStaff allows accountants to directly import credit card transactions and verify the amount due to the employee by reviewing approved expense reports.
Our platform can be integrated with your existing accounting software so that you can seamlessly export data into your system. You’ll also be able to reimburse customers faster.