Infor Expense Management is a suite of four applications that can be used in conjunction with or independently of each other. Infor Expense Management has been selected by over 450 companies and is deployed in more than 50 countries Worldwide.
More than just an end-to-end travel expense management solution, InforTM Expense Management enables employees to plan, book, and expense business travel; request and approve payment requests; capture time for charging to projects and cost centres; and calculate paid time off and overtime. The applications share a single, intuitive interface, making them easy to learn, use, and maintain. With Expense Management, the overall result is comprehensive control over employee-initiated corporate spending.
Infor's Expense Management software enables even the most complex, global organisations to automate spend-related business processes and enforce policy compliance, reducing associated administrative costs and decreasing the opportunity for accidental error and intentional fraud. With Expense Management, instantaneous global updates to policies and processes can be implemented to support continuous improvement. Equally, our solution provides comprehensive capabilities for managing local policies, user groups and statutory requirements. Information is captured for analysis and benchmarking, identifying spending patterns that can be used to negotiate savings with vendors.
Expense Management comprises four modules: Travel Plans, Expense Reports, Payment Requests and Timesheets, which can be purchased and used in any combination. Each module features real-time policy violation notification, alerting employees to violations as they are encountered and allowing them to provide explanations or make corrections before submitting documents for approval; configurable conditional workflow for alerting reviewers, obtaining the requisite approval and then triggering events such as the issue of travel tickets or the reimbursement of expenses; and business intelligence tools to analyse the captured data and evaluate opportunities to transform spending into savings.
These applications work where you do - in your office and on the road, globally. A single instance of the software provides support for multiple languages, currencies and date and time formats, as well as enabling the application of rules and policies specific to independent divisions and/or geographic locations. Expense Management also accommodates country-specific per diem (daily allowance) rates, local taxation requirements, VAT calculation and analysis and mileage capture and rate allocation.
Infor Expense Management solutions share a common, scalable, web-based product architecture designed to work with your existing financial, HR, payroll, and project accounting systems, including the ability to link to multiple back-end systems. They are easily deployed, with Infor's System Administration Tool enabling non-technical administrators to manage every aspect of the solution, including changes in company policies and organisational structure.