As organizations search for ways to trim unnecessary costs, automating the management of travel and expenses is one way to achieve immediate bottom-line results. The move from paper-based entry to electronic capture of time and expenses, for example, can reduce processing time by up to 80 percent. Expense automation enables you to increase compliance and improve your ability to leverage supplier discounts—which in turn can create up to 10 percent savings in the cost of goods and services. It also allows you to switch from paper checks to electronic employee and vendor payments, further reducing costs and allowing you more control over settlement dates or floats. Oracle's PeopleSoft Enterprise Expenses streamlines and automates travel spend management and establishes policy-driven controls for expense reimbursement.
In addition, PeopleSoft Mobile Expenses addresses the growing world of connected mobility, providing users with a streamlined user interface, optimized for the experience of smart phones and tablets, so users can enter and submit reports while on the go. Users can take pictures of receipts and automatically upload the images on to the expense report, and can submit their expenses for approval and reimbursement even before returning back home or to the office.