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Typically corporate trips are great – you get to use someone else’s credit card for travel and meals. There’s only one time that corporate travel sucks – and that’s the time it takes to put together the expense report for the trip. As a former accountant and auditor, I got the bonus of having to review and let employees know when their steak and vodka was over the corporate limit.
Startup ExpenseBay aims to make reporting expenses easier and less painful. ExpenseBay allows you to connect to your personal or corporate credit card. Your transactions are downloaded into ExpenseBay and then you can assign them as needed into the different categories (e.g. meals, hotels, escort services, etc.). The mobile app also allows you to note cash transactions as they happen which is typically the biggest issue with expense reporting.
You can attach receipts into each expense transaction which makes it easy to submit the expenses once complete. In addition, expenses can be submitted into your account via email.
ExpenseBay connects directly with some of the popular corporate accounting and expense reporting packages. They can also provide in-house company expense report management.
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