Digital Expense Management
Optimize expense processing, anywhere-anytime.
Managing employees’ expenses digitally in China is a powerful way to optimize and speed up business administration, simplify remote submissions and approvals, and minimize expense and approval errors. It is a fundamental element for improving your internal control management.
Dezan Shira & Associates helps clients to manage their employee reimbursement and vendor payment procedures, using software that facilitates the digitization, application, and approval of expenses via a mobile and desktop APP. Our solutions make staff reimbursement applications highly efficient, streamlining the monthly accounting processes, and provide greater transparency as well as real-time detailed expenses reporting.
We offer our digital expense management solutions as a value-added component to our accounting services customers, or to other customers as a stand-alone service solution that can be integrated within their current accounting processes and technology environments.
Advantages of Digital Expense Management
Smooth Claims Process
Execute a more streamlined claims process, from mobile APP to easy approval and processing.
Auto-Verification of Receipts
Automatic, near real-time verification of fapiao invoices for authenticity and non-duplication.
Compliance and Control
Realize claims that are allocated to your COA categories before and throughout the claim procedure - with proper approval controls to match your policies.
Online Reports
Historical expense reports with cross-period reporting, drill down detail, as well as graphical analysis and trend insights.
Accurate Data
Data scans are 99.5% accurate, with a far lower risk of manual entry error. Data is fully exportable and can optionally be integrated with ERP AP and T&E modules.
Scalability
Workload decreases and efficiency is further optimized as the volume of users and transactions grows, with the same or increased levels of internal control measures.
Digital Expense Management Solutions
The integrated data services verifies the validity of ‘fapiaos’ (invoices) and adds expense details provided by some of the most frequently used platforms in China for travel, office equipment, and online banking.
Normal/Classic Expense Management: | Digital Expense Management | ||
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Claims Process |
Slow and time-consuming manual processing:
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Quickly executed steps within a streamlined process:
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Receipt Validation |
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Internal Control |
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Reports |
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Data Capture |
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Scalability |
As you grow to larger operational scales,
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As you grow to larger operational scales,
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Enquire for more information about our services, and how we can help solve challenges for your organization
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