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Tallie Presents: The Evolution of Expense Reports

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Tallie Presents: The Evolution of Expense Reports

  1. 1. SLIDE 1 TIME SAVINGS 1.800.592.5144 www.usetallie.com
  2. 2. TIME SAVINGS Expense report process is highly resource intensive Recording expenses filing receipts Submission of expense reports Audit of T&E reports Approval(s) of expense reports Reimbursement of employee Accounting for T&E expenses Analyzing/controlling T&E expense Total Cycle Time 15 23 10 15 6 12 10 1st Generation (Excel) TASK TIME 91 MINUTES
  3. 3. TIME SAVINGS Expense software saves significant time 45% time savings Recording expenses filing receipts Submission of expense reports Audit of T&E reports Approval(s) of expense reports Reimbursement of employee Accounting for T&E expenses Analyzing/controlling T&E expense Total Cycle Time 15 23 10 15 6 12 10 1st Generation (Excel) TASK TIME 91 MINUTES 8 11 5 9 4 7 6 2nd Generation (Concur) 50 MINUTES
  4. 4. TIME SAVINGS Workflow automation & integration saves more Recording expenses filing receipts Submission of expense reports Audit of T&E reports Approval(s) of expense reports Reimbursement of employee Accounting for T&E expenses Analyzing/controlling T&E expense Total Cycle Time 4 8 4 5 2 4 5 15 23 10 15 6 12 10 1st Generation (Excel) TASK TIME 32 MINUTES 91 MINUTES 67% time savings 3rd Generation (Tallie) 8 11 5 9 4 7 6 2nd Generation (Concur) 50 MINUTES
  5. 5. WHAT DOES THIS REALLY MEAN? On average, 40% of transactional accounting time is spent on A/P Payables Other transactional accounting
  6. 6. WHAT DOES THIS REALLY MEAN? … and nearly half of A/P time is spent processing expense reports. Other A/P Other transactional accounting Expense Reports
  7. 7. WHAT DOES THIS REALLY MEAN? Expense report automation creates a 10% time benefit. Other A/P Other transactional accounting Expense Reports Benefit
  8. 8. 1.800.592.5144 www.usetallie.com

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