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Smart Track Expense Management   Many companies allocate a significant portion of their budget to travel and entertainment...
Expense ManagementEnforcementThe Expense Management feature helps you to reduce excessive and discretionary spending by pr...
Key Benefits                                                                                                               ...
About DCR WorkforceSmart Track Vendor Management SoŌwareSmart Track, DCR’s innovaƟve SaaS-based suite of workforce supply ...
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Expense Management

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DCR Workforce offers an easy-to-use, rapidly deployed, and scalable solution to help you gain control over your expense process with our industry-leading Vendor Management Software, Smart Track. The Expense Management module of the Smart Track solution ensures that your employees submitting expense reports and personnel processing them follow a thorough, coordinated, and automated process.

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Transcript of "Expense Management"

  1. 1. Smart Track Expense Management Many companies allocate a significant portion of their budget to travel and entertainment-related expenses. It comes as no surprise that businesses are looking to obtain control over and actively manage this P&L line item. Expense management automation is vital to controlling and reducing your operating expenses, while allowing you to improve your efficiency and productivity, and reduce risks associated with non-compliance to internal polices and external regulations. DCR Workforce offers an easy-to-use, rapidly deployed, and scalable solution to help you gain control over your expense process with our industry-leading Vendor Management Software, Smart Track. The Expense Management module of the Smart Track solution ensures that your employees submitting expense reports and personnel processing them follow a thorough, coordinated, and automated process. IntegraƟon The Smart Track Expense Management system works seamlessly with other applications that you already have in place, allowing for a personalized and efficient work stream that meets your organizational goals. Credit Cards CRM Travel Booking Accounting Payroll Invoicing PaymentSimplificaƟon This robust module of the Smart Track VMS saves you Ɵme and “Modern expense management has cost by simplifying previously cumbersome aspects of the expense evolved from its back-office roots into process. a multi-faceted program that involves a strategic blend of next-generation • Creates expense reports automaƟcally solutions and approaches” • Imports expenses from personal and corporate credit cards • Tracks customers and projects Aberdeen Group, March 2012 • Allows for duplicaƟon of transacƟons • Splits transacƟons into mulƟple expense types © 2012 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912
  2. 2. Expense ManagementEnforcementThe Expense Management feature helps you to reduce excessive and discretionary spending by providing a system that ensurescompliance to business policies and regulatory mandates.• Enforces spending policy• Distributes and communicates policy to workforce• Defines spending limits• Configures rules based on department or user types• Triggers alerts and noƟficaƟons, proacƟvely warning you of non-compliance• Provides variances and deviaƟon reporƟng © 2012 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912
  3. 3. Key Benefits Key Benefits of Smart Track ExpenseGroundbreaking InnovaƟve Features: Management: • Customizable limits for violaƟons or warnings based on expense type • Automates and streamlines a cumbersome lengthy process • Tailored approvals for different expenses or spend authorizaƟon levels • Increases visibility into your expense process and expenditure, achieving financial • Configurable approvals for cash advances transparency and control. • Traceable spending based on different GL accounts and spend • Diminishes discreƟonary spending allocaƟons • Enforces budgetary control and approval • GlobalizaƟon and localizaƟon features, such as transacƟons accountability featuring different currencies, exchange rates, and local taxes. • Ensures compliance to regulatory mandates • Adheres to PCI compliance standards and meets security standards to secure your financial data • Encourages adherence to company policies and pracƟces • MulƟ-layer security built into every access point • Eliminates errors caused by manual entry • Highly scalable to adjust to business cycles • Gives access to auditable and reportable data • Independent operaƟon and expansion • Improves service delivery • Integrates personal and corporate credit cards • Simplifies expense reports • AutomaƟc reimbursement with direct deposit (ACH) • Comprehensive and powerful reporƟng • Streamlined review and approval cycles • CompaƟble with various applicaƟons and soŌware • Fully customizable to tailor to company needs “In looking at the future of expense management technology, the vast majority (73%) of organizations are expected to leverage either a cloud-based/SaaS or hybrid mix (cloud and on-premise) solution. Aberdeen Group, March 2012 © 2012 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912
  4. 4. About DCR WorkforceSmart Track Vendor Management SoŌwareSmart Track, DCR’s innovaƟve SaaS-based suite of workforce supply chain management applicaƟons, redefines the role ofvendor management systems – expanding from conducƟng transacƟons to supporƟng criƟcal interacƟons and decision-mak-ing. Through Smart Track, we forge networks of business managers, suppliers and indirect workers, creaƟng an insƟtuƟonalmemory of best pracƟces, and a means of sharing them. • Unlimited Visibility into Workforce Lifecycles • ForecasƟng Tools and Wizards • “On demand” ReconfiguraƟon CapabiliƟes • Advanced Compliance Support • Automated AdministraƟve Processing • Device-Independent Access • Pre-built Connectors • Robust Management ReporƟng • Embedded Business AnalyƟcs • Highly Reliable, Scalable, Cloud CompuƟng Plaƞorm • “Always On” Technical SupportAbout UsDCR Workforce is, quite simply, dedicated to helping you maximize the contribuƟon of your extended workforce. For DCR,achieving highly efficient workforce procurement and management transacƟons is just the starƟng point. We also providethe knowledge and technology required to analyze, understand and act on all aspects of your conƟngent talent managementprogram.We serve global F1000 and mid-Ɵer clientele. RepresentaƟve clients include Lockheed MarƟn, Program Controls, Savi Tech-nologies, Meads InternaƟonal, and Raytheon Javelin Joint Venture. Our proprietary cloud-compuƟng plaƞorm (Smart Track)assists in providing customizable VMS and MSP soluƟons to manage, procure and analyze your talent with complete trans-parency, real-Ɵme control, high performance and decision-enabling business intelligence.For more informaƟon call +1-888-DCR-4VMS or visit www.dcrworkforce.com7815 NW Beacon Square Blvd. #224Boca Raton, FL 33487Phone: 561 998 3737www.dcrworkforce.com | blog.dcrworkforce.com facebook.com/DCRWorkforce f linkedin.com/company/dcr-workforce lin twiƩer.com/DCRWorkforce tw © 2012 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912

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