Advance Management
Order advances received and paid, salary advances and business advances.
Finance Management
Employee Expense ManagementRecord employee expenses and advance transactions
Employee Expense Management lets you track employees' expense entries and advance and expense transactions. When used together with Approval Management and Advance Management, the process runs on a single platform from expense entry to approval and payment.
Manages expense transactions; lets you add expenses and track balances and current account transactions. Simplifies expense approval and payment processes.
Which challenges does Employee Expense Management address?
- Expense receipts are collected on paper and get lost.
- Business advances given cannot be matched with the expenses incurred.
- The approval status of expenses remains unclear.
Key features
The 2 features in Employee Expense Management and the packages each one is offered in.
- Expense EntryIncluded from Mid-sized Business
- Advance & Expense TransactionsIncluded from Mid-sized Business
Comparison by package
"Included": part of the package. "Add-on": can be added as an option. "Higher tier": not part of this package; available by upgrading to a higher tier.
| Feature | Micro Business | Small Business | Mid-sized Business | Large Business | Corporate | Enterprise | Tailored |
|---|---|---|---|---|---|---|---|
| Expense Entry | Higher tier | Higher tier | Included | Included | Included | Included | Included |
| Advance & Expense Transactions | Higher tier | Higher tier | Included | Included | Included | Included | Included |
Source: Factorbooks product and package scope list. For current pricing and additional requirements, request a quote.
Employee Expense Management: frequently asked questions
Which packages include Employee Expense Management?
All features are included from Mid-sized Business. See the comparison table on this page for package-level details.
Which modules is Employee Expense Management used with?
Employee Expense Management runs on the same platform as these modules: Advance Management, Approval Management, Expense Management.
How do I request a demo of Employee Expense Management?
Just mention the module you are interested in and your needs in the demo request form. Our sales team will prepare the demo around this module and the related processes.
See Employee Expense Management in a live demo
In a live demo we walk through your priority processes together and clarify the package and module scope that fits your needs.