What are the key features of expense management software?

What are the key features of expense management software?

Expense management software typically includes features like expense tracking, receipt scanning, reporting, and integration with accounting systems.

How does receipt scanning work in these tools?

Receipt scanning uses OCR (Optical Character Recognition) technology to extract data from receipts, making it easy to log expenses.

Can these tools help with budgeting?

Yes, many expense management tools offer budgeting features that allow users to set limits and track spending against those budgets.

Are there any mobile apps for expense management?

Absolutely! Most expense management software solutions have mobile apps that allow users to capture expenses on the go.

What integrations should I look for in these tools?

Look for integrations with accounting software, payment platforms, and travel booking tools to streamline your expense management process.