Operating expense

Global Backup-as-a-Service Market 2018-2022| Evolving Opportunities with Alphabet and Cisco Systems | Technavio

Retrieved on: 
Wednesday, November 27, 2019
Other Manufacturing, Data management, Technology, Research, Other Retail, Manufacturing, Mobile, Wireless, Consumer, Construction & Property, Retail, Other Professional Services, Semiconductor, Security, Interior design, Professional services, Software, Networks, Science, Other Consumer, Hardware, Economy, Market research, OPEX, Operating expense, Capital expenditure, Business

View the full release here: https://www.businesswire.com/news/home/20191127005377/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191127005377/en/
    Technavio has announced its latest market research report titled global backup as a service market 2018-2022.
  • The market is driven by the increasing shift from capital expenditure (CAPEX) to the operational expenditure (OPEX) model.
  • In addition, the exponential growth in the volume of data is anticipated to further boost the growth of the backup-as-a-service market.
  • Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

Travel Expense Accounting Market to Reach $2.5 Billion by 2020

Retrieved on: 
Thursday, September 26, 2019
Expense management, Expense, Operating expense

RALEIGH, North Carolina, Sept. 26, 2019 /PRNewswire/ -- The travel expense accounting market is expected to grow at a steady rate, with 37 percent adoption of web-based travel expense (TE) solutions, according to Beroe Inc, a procurement intelligence firm.

Key Points: 
  • RALEIGH, North Carolina, Sept. 26, 2019 /PRNewswire/ -- The travel expense accounting market is expected to grow at a steady rate, with 37 percent adoption of web-based travel expense (TE) solutions, according to Beroe Inc, a procurement intelligence firm.
  • Companies are looking to leverage efficiencies in the workplace and reduce the burden of manual T&E reporting on business travelers and expense report administrators, resulting in the adoption of web-based expense management.
  • TEM (Travel Expense Management) software has not yet been adopted in emerging economy regions such as APAC, and are expected to see rapid growth in the next five years.
  • New trends in the TEA (Travel Expense Accounting) industry include AutoFill (Parsing) technology, automated expense report creation with scheduled build days, automated approval workflows, and cloud-based expense management.

Travel Expense Accounting Market to Reach $2.5 Billion by 2020

Retrieved on: 
Thursday, September 26, 2019
Expense management, Expense, Operating expense

RALEIGH, North Carolina, Sept. 26, 2019 /PRNewswire/ -- The travel expense accounting market is expected to grow at a steady rate, with 37 percent adoption of web-based travel expense (TE) solutions, according to Beroe Inc, a procurement intelligence firm.

Key Points: 
  • RALEIGH, North Carolina, Sept. 26, 2019 /PRNewswire/ -- The travel expense accounting market is expected to grow at a steady rate, with 37 percent adoption of web-based travel expense (TE) solutions, according to Beroe Inc, a procurement intelligence firm.
  • Companies are looking to leverage efficiencies in the workplace and reduce the burden of manual T&E reporting on business travelers and expense report administrators, resulting in the adoption of web-based expense management.
  • TEM (Travel Expense Management) software has not yet been adopted in emerging economy regions such as APAC, and are expected to see rapid growth in the next five years.
  • New trends in the TEA (Travel Expense Accounting) industry include AutoFill (Parsing) technology, automated expense report creation with scheduled build days, automated approval workflows, and cloud-based expense management.

Deem and Deltek Announce Partnership to Integrate Travel and Expense Platforms

Retrieved on: 
Thursday, September 12, 2019
Travel management, Expense, Business, Economy, Business travel, Expense management, Human resource management, Corporate travel management, Articles, Operating expense

Deem's next-generation business travel management platform uses advanced technologies to provide optimized solutions for travelers, corporate travel managers and travel management companies.

Key Points: 
  • Deem's next-generation business travel management platform uses advanced technologies to provide optimized solutions for travelers, corporate travel managers and travel management companies.
  • Integrating travel and expense systems through Deem's Open Expense Alliance, improves travel expense management for business travelers and corporations.
  • As travelers' book flights, hotels and services using Work Fource, expenses will automatically flow to the integrated Deltek expense reporting software.
  • "Together, Deem and Deltek are uniquely positioned to provide superior travel booking and expense management solutions to corporations of all sizes.

Deem and Deltek Announce Partnership to Integrate Travel and Expense Platforms

Retrieved on: 
Thursday, September 12, 2019
Travel management, Business, Business travel, Economy, Expense management, Human resource management, Corporate travel management, Articles, Expense, Operating expense

Deems next-generation business travel management platform uses advanced technologies to provide optimized solutions for travelers, corporate travel managers and travel management companies.

Key Points: 
  • Deems next-generation business travel management platform uses advanced technologies to provide optimized solutions for travelers, corporate travel managers and travel management companies.
  • Integrating travel and expense systems through Deems Open Expense Alliance, improves travel expense management for business travelers and corporations.
  • As travelers book flights, hotels and services using Work Fource, expenses will automatically flow to the integrated Deltek expense reporting software.
  • Together, Deem and Deltek are uniquely positioned to provide superior travel booking and expense management solutions to corporations of all sizes.

Flywheel Uses Lola.com and Expensify to Streamline T&E Reporting

Retrieved on: 
Wednesday, July 17, 2019
Transportation, Accounting, Technology, Professional services, Travel, Software, Internet, Other Travel, Expense management, Expensify, Lola.com, Operating expense, Expense

Because Lola.com integrates with Expensify, we are now able to accurately code all travel expenses immediately.

Key Points: 
  • Because Lola.com integrates with Expensify, we are now able to accurately code all travel expenses immediately.
  • Everything auto populates into Expensify, and then goes to the finance team for approval.
  • We can instantly see what the travel expense is, get things booked in the right period, and generally be more accurate in our reporting.
  • When booking travel using Lola.com, its easy to link your Expensify account to automatically send flight and hotel receipts.

How One Business Cut Operational Expenses by 12.5% in "Year One" with CarData VRP

Retrieved on: 
Monday, September 24, 2018
Economy, Money, Expense, Operating expense, Cost, Asset, Leasing, United States Generally Accepted Accounting Principles, Fixed asset

Employees were driving an "all costs paid" vehicle, under a policy that covered both business and personal driving expenses.

Key Points: 
  • Employees were driving an "all costs paid" vehicle, under a policy that covered both business and personal driving expenses.
  • That changed when lease accounting standards changed, shifting the operational costs of company cars to a capital asset (and liability) instead of an operational expense.
  • CarData assigned support personnel experienced in company car programs who could explain exactly how the new VRP would affect them.
  • Our client cut 12.5% in related expenses in the first year, well on their way to the 20% goal they set.