Efficient Travel and Expense Management Software

Manage all the expenses of your business (including travel costs) with factoHR’s expense management software in order to keep down the unnecessary expenditure.
FactoHR's travel and expense management software

Why do businesses prefer factoHR’s expense management software?

factoHR’s all-in-one expense management software caters to the organization’s specific requirements of managing employees’ expenses while traveling with the help of secure cloud-based infrastructure.

Paperless Processing

Get plus points in corporate social responsibility as you go green with factoHR’s paperless expense management software and manage your expenses digitally for enhanced security.

Instantaneous

Get instant expense filing and claims settling with the centralized system as well as the mobile application, thereby saving the HR manager’s and accountants valuable time.

AI-based Reimbursement

With the in-built AI-based smart receipt feature, factoHR’s mobile application allows you to capture bills and receipts in a digital format and fill the reimbursement application automatically.

Real-time Expense Logs

Monitor the expenses as and when the employee enters a transaction on his business trip to keep a tab of their activities and prevent unfair practices.

GST Compliance

Efficiently manage bills and receipts for considering GST benefits while filing an income tax return at the financial endings.

What do you mean by Expense Management Software?

Travel, or say, Expense Management helps the company to manage its employee’s travel activities and corresponding expenses. Sometimes for a client meeting, employees are asked to travel to an outer city or state. During such cases, travel management software helps them apply for advanced monetary requests, various reimbursement requests, claim options, and attachment validation. With employee tracking using Geo-tracking, managers can access the perfect location and the visits of the employee.

Types of Allowance

Allow your workforce to submit expenses related to various allowance categories like food, lodging, travel, and others.

Pay With Salary

Admins can decide whether to reimburse the claim requests with the employees’ payroll cycle or off-cycle.

Compatible Mobile App

Let your employees initiate travel applications, advance requests, and expense claim requests from our Android and iOS compatible mobile application.
Expense Management Extensive Policy Group Travel Attendance Integration Approval Flexible Eligibility Expense Against Travel

Extensive Policy Configuration

Strategically configure your multi-level approval hierarchy to define the approval authority assigned to various managers and allow the authorities to set upper limits on the expenses.
extensive policy for travel management software
group travel feature in travel management system

Group Travel Application

Allow the employees to file a group travel application and create a travel plan for their business trip in order to guarantee punctual client visits and anticipate the travel expenses.

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Attendance Integration

Cross-check the expense applications filed by the employee with the proofs like receipts, bills, etc., submitted by them, and allow them to mark their attendance to ensure their presence
attendance feature with travel and expense software
approval workflow in expense management system

Approval Workflow

Appoint approving managers and set reminders for your employees to file their applications on time and for your approving authorities to check any pending applications.

Flexible Eligibility Calculation

Customize the reimbursement methods, process, and medium to suit the needs of the circumstances and allow the employees to file reimbursement claims.
flexibility feature in expense software
expense against travel in travel management system

Expense Against Travel

Allow the approving authorities to accept the reimbursement application only after the employees’ travel application is sanctioned.

Multi-currency and Multiple Countries

Overcome the complexities of converting the foreign currencies into home currencies as factoHR’s expense management system automates this calculation, thereby minimizing errors.
multi city and currency in expense management software
deviation workflow for travel software

Deviation Workflow

Configure exceptional circumstances and allow the authorities to approve the reimbursement expenses exceeding the set limits in rare cases.

FAQs for Travel and Expense Management System

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Manage your travel expenses with factoHR

Manage your employees’ business travels and configure the dynamic expenses with factoHR’s expense management system.
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