Name: Better overview of corporate credit card transactions with Continia Expense Management
Uploaded: 2019-06-04T12:22:36.000Z
Duration: 1 min 6 s
Description: An overview of corporate credit card transactions with Continia Expense Management

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Microsoft Dynamics 365 Business Central

Continia Expense Management is a software solution designed to automate and streamline corporate expense management processes. According to the vendor, this solution caters to the needs of finance and accounting departments, human resources departments, sales and marketing teams, as well as professional services firms and consulting companies. It offers various features that can assist in efficient expense management across industries.

## Key Features

**Credit card transactions**: According to the vendor, the software allows for the automatic import of credit card transactions from major credit card providers, simplifying the handling and reconciliation process. The system also creates incomplete expense reports for missing receipts and sends reminders to users.

**Mileage**: The vendor claims that the software facilitates easy logging of mileage expenses through the Expense App or Expense Portal, ensuring accurate reimbursement for travel-related mileage. Users can create mileage routes and capture locations for precise reporting.

**Per Diem**: The software is said to streamline the reimbursement process for travel expenses by calculating daily allowances for accommodation and meals during travel. Users can specify travel periods, accommodation, and daily meals in expense reports.

**AI Receipt Scanner**: According to the vendor, the software eliminates manual data entry by utilizing intelligent OCR to recognize text from receipts. This feature automatically populates the correct fields in the Expense App, reducing errors and saving time in expense reporting.

**Approval workflow**: The vendor claims that the software enables the routing of expense reports to the appropriate approvers, reducing approval waiting times and expediting reimbursements. Users can review and approve documents from anywhere, improving efficiency and collaboration.

**Purchase contracts**: According to the vendor, the software provides a centralized location for managing purchase contracts. Users receive notifications for contract reviews, helping to avoid unnecessary payments. This feature aims to improve cost control and eliminate unused contracts.

**Secure archive**: The software allows for the secure storage, indexing, and preservation of data, ensuring compliance and integrity of original documents. Users can easily retrieve and track document history for auditing and reporting purposes.

**Say goodbye to paper!**: According to the vendor, the software eliminates the need for physical receipts and paperwork, speeding up employee reimbursement times. It also provides real-time visibility into employee spending for better financial control and decision-making.

Continia Expense Management is a software solution providing registration and approval of business-related expenses and travel activities using Business Central, a unique Expense app, and a Web Portal. The solution integrates with Microsoft Dynamics NAV or Business Central on-premises, as well as the Microsoft Business Central online SaaS option.

Expensify automates the entire spend management process. Scan receipts, track mileage, submit and approve expenses, manage corporate cards, reimburse employees, pay bills, send invoices, and book travel. Built for individuals and companies of all sizes, anywhere in the world.

Control

Collect

SAP Concur is a SaaS expense report management product, and handles corporate travel booking, expense report automation, reimbursement, audit, and business intelligence, and corporate card integration.

Concur Travel and Expense

Continia Expense Management

Expense Management Software is designed to submit, process, reimburse, and track employee expenses. Typical features facilitate and automate invoicing and approval processes. Document management is usually contained in the software for capturing receipts and creating an audit trail. This allows administrators to approve expenses (e.g. for travel) and generate reports. More comprehensive software manages travel itinerary and add various levels of support for the transaction process, increasing efficiency and reducing fraud.

Expense Management

Continia Expense Management Solution Demo

Continia Software

An overview of corporate credit card transactions with Continia Expense Management

Better overview of corporate credit card transactions with Continia Expense Management

Using Continia Expense Management, expense-related credit card transactions are imported directly into Microsoft Dynamics 365 Business Central automatically on a recurring schedule.

Getting credit card transactions imported directly into your ERP system and matched with bank transactions will help you get the perfect overview of all expenses made by company credit cards each day.

Employee Expense Reporting

Allows companies to track employee expenses to make cost-effective decisions.

Corporate Card Reconciliation

Allows companies to reconcile employee expenses with company card statements.

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Electronic Funds Transfer

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

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Expense Management Software

Continia Expense Management

Overview

What is Continia Expense Management?