Frevvo Creates Easy Expense Report Workflows

Frevvo Creates Easy Expense Report Workflows

Overview Creating, completing, submitting and approving expense reports eats up employee and manager time, wasting hours that could be better spent on more mission-critical tasks. Frevvo 5 provides clients with easy-to-use, flexible expense report software that lets employees and managers do everything online, including forwarding the reports on to accounting.

Manual Reports Wasteful A vast majority of American companies still use manual expense reports resulting in a massive loss of productivity in hours spent by employees filling these reports out and managers approving them. Also, manual submission of expense reports creates a greater chance of error. • The average U.S. company spends $18 to process

each expense report. • That’s $8 below “best practice” companies

expense reporting. • Companies waste about $2 billion per year

processing manual reports.

How Frevvo Can Help Frevvo offers software providing clients with online, automated expense report workflows. The Frevvo system provides clients with: • Pre-selected templates for expense report workflows that can

easily be customized. • Optimization via a convenient drag-and-drop feature. • Compatibility with computers, laptops, smartphones and tablets.

Mobile Is Critical

• Mobile devices are becoming increasingly integrated into business environments, as more and more companies are issuing tablets and smartphones to employees or allowing bring-your-own-device programs.

• Making expense report workflows available via mobile allows employees and managers to access them any time, whether they’re at the office, at home or on the road.

• Increased access means increased efficiency in getting reports completed, submitted and approved.

With Frevvo, Users Can: • Fill out expense reports online using

any device • Sign expense reports electronically • Forward expense reports to

managers • Submit receipts electronically by

taking a picture with a smartphone or tablet

• Customize workflows • Control Access

How It Works • Employees access an online form from any device, add

expense items and necessary receipts (using the camera if available).

• Employees can save the expense report and come back to it later to add more line items.

• Once complete, it can be locked and forwarded to the manager.

• The manager can approve or reject the expense report immediately using a mobile device.

How It Works (cont’d.) • If approved, the manager can sign the expense

report and transmit it to accounting. • The expense reporting system can be modified to

automate approval for small-ticket items. • When accounting approves the report, the

employee is reimbursed. • Since the workflow is completely automated and

works on mobile devices, reimbursements takes place much faster than manual, e-mail based workflows.

Green Credibility As the public becomes more conscious of environmental issues, great public support is available for companies with a good environmental record. By reducing the amount of paper used by your company, you help the earth by: • Reducing the need for paper, thus reducing

deforestation. • Reducing pollutants caused by tools used to cut trees. • Reducing the amount of paper headed for landfills.

About Frevvo

Frevvo is a software company developing paperless document solutions for businesses. Frevvo’s software allows clients to create, complete, sign and route documents electronically. This helps save companies greatly in productivity costs associated with completing, filing and retrieving documents. To learn more, visit http://www.frevvo.com/