Travel & Entertainment

Monitor expenses as per department and designation, track and detect expense anomalies, ensure adherence to business rules and fast track reimbursements.

T&E expenses are rising at an alarming speed due to intense competition. Companies face Challenge in terms of maintaining proper records of expenses done that includes paperwork, hotel and food bills, air tickets, fuel bills, car rental, equipment rentals and more. The real problem lies in detecting fraudulent and fake claims by employees and stopping the payment before reimbursement. As more employees get into the position of making purchases, such fake claims tends to rise. As per a study, the average time of fraud detection is almost 24 months. By this time the proceedings are non recoverable and results into companies loss. Travel and entertainment budgets have increased. However, growing cost of travel will only make it difficult to contain cost and stick to defined budget.

EzDataMunch provide smart T&E expenses analytics solutions that seamlessly integrate with all the business platforms to gather data and turn it into actionable information. Our solution help you to get real-time visibility of all your T&E expenses. Data generated by the use of food coupons, flight coupons etc and P-cards can be factored in to understand employee spend behavior and to control fake or unathorized t&e expenses.

Comprehensive travel and entertainment expense management dashboard.

  • One dashboard encompassing all the critical t&e expenses factors. The dashboard provides all the important industry ready tabs that business users can view to check the expense reports pertaining to employee spend, vendors, violations and more.
  • T&E expenses pertaining to current week, month and year can be viewed in details and the data can be compared to the expenses done in the previous year or any year to compare the variances.
  • Simplest and detailed representation of expense reports generated from multiple categories like hotel stays, airfares, gas, food and more.

Reduce volume of fake claims by employees.

  • Get detailed and real-time employee expense reports with just a click. Review all the sources of spend on one platform and identify high risk transactions, chronic offenders and policy violators, suspicious purchases and more.
  • Identify duplicate submissions done by employees on out of pocket or P-card purchases.
  • Understand which categories are at higher risk of duplicate submission and employees who submit duplicates spend frequently.

Uncover the real story from your spend data.

  • Our t&e expense report gives complete visibility of total spend on every individual category, done by individual employee and in which location.
  • Users can easily identify duplicate claims across the board based on personal expense or P-Card expense.
  • Drill deeper into departmental spends such as Airfare spend, car and gas spend, food and lodging spend, and more.

Analyze and control vendor expenses.

  • Our t&e expenses dashboard gives detailed vendor expense reports.
  • Companies can get critical inputs like top performing and ranking vendors compared to the lesser ones.
  • The amount of discount given by every vendor. Quality of service offered.
  • Timely delivery of services. Competitive price offered. Years of experience and partnership with the company and evaluate the best vendor to maintain cost and increase profits.

Blogs

Financial Reporting and Analysis dashboard and KPIs

What is a financial analytics dashboard? A financial dashboard provides users a complete insight with visual representation of their selected financial KPIs. EzDataMunch financial analytics dashboard helps to understand the summary for the dashboard like operating...
Read More

Retail Analytics Dashboards and KPIs for Retailer

What is a Retail Analytics Dashboard? Retailers are always anxious to know about the sale and performance of their business. The retail dashboards are performance and activity tracking tools that give complete information about business activity. By keeping the right...
Read More

Restaurant KPIs and Dashboard for Business Profitability

KPI is a performance management tool or data that indicates the success of opportunities to gain success within a business. Data is running business these days, especially if we talk about the restaurant industry. Key Performance Indicators are able to provide...
Read More

Marketing Report Templates and Examples for Digital Marketer

What Is A Marketing Report? Marketing report is a type of report that contains important and irreplaceable documents for the marketers. This marketing report presents the overall marketing position of products or group of products. It shows the market condition of a...
Read More

Difference between Business Intelligence and Analytics

In today's changing world, Business Intelligence has made a significant impact on every sector of the business industry, whether it is a sector of retail, manufacturing, banking, healthcare etc., every sector is relying on BI and BI tools. Data driven patterns have...
Read More

Sales Performance Report Examples for Daily, Monthly, Weekly

What Is A Sales  Report? Sales Report or Sales Analysis Report shows overall trends in the amount of sales of the company over time. Perhaps most sales report shows that sales are increasing or decreasing. The sales report describes the records of all calls that are...
Read More

Data Analytics types for Better Decision Making in Business

What are Data Analytics? Data analytics is the technique of analysing raw data in order to make conclusions about that information. Data analytics technologies and techniques are mainly used in business enterprises to enable organizations to make more informed...
Read More

Operational Analytics KPI & Example – Success in Business

What are Operational Analytics? Operational Analytics is a kind of business analytics that monitors day-to-day operations of the organization and improves current operations. In this type of analytics, various tasks like data mining, data collection and data...
Read More

HR Dashboards and Templates – Monthly and Annually Reports

What Is a Human Resources Dashboard? The HR Dashboard is a visual demonstration of HR Metrics. An HR metrics Dashboard recognizes the major human capital trends in an organization, which requires the Chief Executive Officer (CEO) and Lead teams to closely understand...
Read More

Data Quality Management & Metrics for successful Data Control

What is Data Quality? Data quality is the assessment of fitness of data to fulfill its purpose in a perception or in any context. Below we will benefits and why data quality management needed for any orgationation. It describes several dimensions like: Data...
Read More

Events


Up Coming Webinar


Completed Webinars

Our Media Client’s Experience.


Media

We wanted to analyze our Travel and expense spend across business units. The challenge was analyzing travel spend through “Concur” that was only providing partial insight. To do a more holistic spend analysis, we needed to consolidate data across various sources like Concur, HR data, P-Card data, Travel agency data, Contract data for hotels / car rental companies and business rules and policies to ensure we can analyze compliance to organization policies. After comparing multiple solutions out there in the market, we selected EzDataMunch as they had the most comprehensive playbook. We were able to analyze data as we needed, a simple user interface, data uploaded in cloud and best of all – we could see the savings of almost $2.5Mn in 60 days!

Sr. Director Strategy and Analysis

Case Study

Travel & Expense Optimization For A Media Company

Whitepaper

Travel & Entertainment Spend Analysis Best Practices

Share This