Expense Management 

Simplify and Control Your Employee Expenses

Expense management made easier with increased flexibility & smart check; leaving no room for fraud or double entry. We make your expenses more structured, effortless and well timed!
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Automagical HR MetricS expense management software Simple and Best!

An Expense tracking Software developed to address every fallout related to expense policies, receipts, payouts and more, all on mobile and web!

Employee Compensation

Business Requirements

Expense Receipts

Expense Payouts

Employee Compensation

Employee Compensation

Calibrate expense reimbursement cycle

This Compensation module set take cares of every details regarding the employee benefits. With these modules, managing and updating employees’ benefits such as Accommodation, Reimbursement, and Staff Assets will be executed smoothly.

Flexi Policy

Configure As Per Your Business Requirements

Create Multiple Expense Policies

Don’t stick to single policies, define as many policies as you wish as per employee grades, seniority or positions for different departments with our expense tracking software.

Define Multiple Advance Policies

Set amount limit for the advance request raised by employees. You can also mention the outstanding advance balance limit in the policy so as to ensure no new advance request is raised without utilizing the previous advance funds optimally.

Complete Expense Receipts

Expense Receipts

Real-Time and Easier To Manage

Let your Employees add their expense receipt in real time in HR MetricS through web and mobile, and share complete expense report for approval with you.

Approve Exceptional Expenses

Don’t worry for the expenses not covered in policies. The system lets you create and define workflows for all the exceptional expense approvals.

Tag staffs with the Expenses

Learn which expenses are billable to your staffs, trace the entire expense costs for your spending by looking at the logged expenses by employees.

Raise Advance Requests

Using our expense management software, employees can raise expense advance requests with a supporting document with ease. Requests are approved as per the workflow.

Payouts

Expense Payouts

Facilitate Expense Payouts

Once expense receipts are received, select payout mode (cash/bank account) for the respective employee and clear all payout requests in a single click.

Auto Adjust Advance Payouts

Our Expense Management Software auto adjusts any advance payouts against the actual receipts without your manual interventions so that you can focus on other relevant tasks.

Segregate the Payouts

The system automagically segregates reimbursable and non-reimbursable payouts logged by the Employee to stop you from paying for the expenses you have already given advanced amount for.

Auto Currency Conversion

Just mention the currency conversion rates and enable HR MetricS HRMS software to convert the expenses done in some other country into the base currency.

Frequently Asked Questions

Expense Management Software is a financial solution used to automate the analytical business approach for handling the cost of processing, paying, and auditing business overheads and governing business spending. From raising requests for traveling and spending money on business needs to performing analytics for eliminating expense-related frauds, an expense management system can manage it all end-to-end!

There is a cycle including a chain of processes that makes up expense management. The steps that an automated expense management software follows to streamline business expenses are in the following order:

  1. Employee logs expenses
  2. Submits expense details
  3. Gets approved/rejected
  4. If accepted, reimbursement done and reports prepared
  5. If rejected after digital audit trail, seeks justification for policy violation Cycle continues

Travel and Expense Management Software are cutting-edge solutions with a wide range of features to make the lives of HRs and finance professionals easier and more efficient. A few main features of the software are as follows:

  1. Multi-user functionality
  2. Travel policy compliant
  3. Receipt auto-scanning
  4. Email-receipt forwarding
  5. Expense auto-categorization
  6. Expense itemization
  7. Mileage expense recording
  8. Pay card integration
  9. Auto report creation & submission
  10. Expense theft control
  11. Automated approval workflows
  12. Advanced expense analytics

Besides making the expense management process faster, easier, and more effective, the software also proffers a gamut of other advantages such as:

  1. Enabling seamless collaboration
  2. Facilitating faster reimbursements
  3. Eliminating risk of delays & errors
  4. Providing a secure database
  5. Offering better transparency
  6. Simplifying reporting and analytics

Why choose expense management software by HR MetricS?

The expenses incurred by employees for your business work are unpredictable. The best you can do is set a policy and use a simple expense management software that gives you more control, real-time view of expenses while helping your employees keep a proper record of them.
At HR MetricS, we are committed to making our users cut the extra expenses and time kill. While more than 50% CFOs say that misappropriation and fraud in their company is making them lose lacs, through our expense tracking software, we slack it to just the right amount your employees should get and you should pay, making it a fair proposition for all.
Our expense management system does this through a smart diagnostic check that spots fallacy, converts the amounts in any currency, fixes export time for old claims and a lot more.

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