As you know, we love utilising the latest technology to streamline processes and provide our clients service beyond compliance.
Last month, 542 Partners Director, Stu, attended the Receipt Bank Exchange Conference in sunny Port Douglas to hear from one of the world’s leading technology innovators, Receipt Bank, to see what they have planned for 2019 and beyond.
We’ve summarised some of our favourite learnings, below.
Advanced expense reports launched
Receipt Bank have been working hard on adding more options to their expense reports. You will now notice the option of ‘expense approver’ which allows companies to assign employees to sign off on other employee expense reports.
The other major addition is ‘effortless expense reports’ which automatically builds, fills out and closes off expense reports.
Receipt Bank credit cards launched in the UK, with Australia expected to follow
Receipt Bank credit cards allow businesses to provide employees with business credit cards, instead of relying on their own personal card. It will also allow businesses to track and monitor spending of employees or per card, which can all be managed online via an admin login.
Read more here.
Introducing ‘Smart split’ for advanced plans
Smart Split is a tool that helps businesses split the total value of supplier’s invoices or receipts across two or more tax, description or nominal codes. Applying a Smart Split rule will enable you to specify a fixed amount or percentage split for a supplier, saving you valuable time.
Learn how to implement a smart split rule here.
*Only available on Direct, Streamline and Optimize product tiers
Invoice fetch is expanding
Invoice Fetch is set to expand. This handy tool saves you time locating invoices from regular suppliers, by sending them straight to your inbox.
Ready to get rid of piles of paper and endless amounts of filing?
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