m-hance unveils integrated employee expenses solution

ENGLAND, UK: Business software solutions provider m-hance announced the launch of m-hance Expenses, an optional web-based module, which further extends the functionality of its end-to-end spend management solution, Purchase Management.

By integrating with the company's core financial management solution, m-hance Expenses enables businesses to maintain tighter control over their expenditure and handle expense claims more efficiently by eliminating paper-based procedures, reducing processing costs by up to 80 per cent.

Mark Thompson, CEO of m-hance comments: "Many businesses still rely on standalone systems and inefficient paper-based procedures to process expenses despite this area being the second largest controllable cost for most organisations. m-hance Expenses provides greater financial control and visibility over expenditure to enable businesses to minimise the time, errors and cost associated with expenses while offering a more streamlined and user-friendly process for employees."

m-hance Expenses automates paper-based procedures and eliminates the re-keying of data to provide a faster, more efficient way to process expense claims. Users can electronically submit multi-line expenses which are automatically routed to the relevant authoriser and monitor the approval status alongside their claims history, reducing queries and the delays incurred when paper copies are lost or misplaced.

Expenses can be imported into the account payable module within m-hance's finance system, or an export file can be produced once expenses are approved for processing within a payroll solution.