Simplify expense tracking and settlement
with just a few clicks!
FuzionHR helps you to manage and track your day to day business expenses like food, office supplies, utilities etc. This module helps streamline the submission, approval, reimbursement, and tracking of expenses, making it easier for both employees and the finance department
Benefits for teams
Consolidate your expenses with FuzionHR
Eliminate the need for long hours in excel managing and inspecting receipts.
Benefits for companies
Supervise your financial outflows and investments
Executes real-time expenditure evaluation to ascertain worthwhile investments.
Benefits for employees
Authorize or decline expenses in the blink of an eye
Once your team submits a photo of their invoices, you can promptly grant approval.
Expense Head
Categorize expenses your way
FuzionHR allows categorizing the expenses which help organizations track, analyze, and manage their spending with greater precision and clarity. Each expense category represents a specific type of cost, such as travel, office
supplies, utilities, or entertainment, making it easier to monitor financial activities, budget effectively, and make informed financial decisions.
- Divide expense into categories
- Analysis expense from each category
- Handle expenses more effectively
- Predefined and customizable expense categories
- Accurate categorization of expenses for reporting and analysis
Expense Policies
Put an End to Overspending
Tailor your expense policies for each spending category, set spending limits based on roles to prevent team overspending. So, organizations can tailor FuzionHR to their specific workflows, policies, and business needs, ensuring
that it aligns perfectly with their requirements.
- Configuration options for expense categories, approval workflows, and policies.
- Set general limit
- Set limit based on designation
- Allow overlimit if required
Policy Enforcement
Your Shield Against Expense Chaos
This module ensures that all submitted expenses adhere to company policies and expense limits. It automatically validates expenses against predefined rules.
- Customizable expense policies based on company guidelines.
- Real-time policy enforcement during expense submission.
- Alerts and notifications for policy violations.
Expense Submission
Your Expense Journey Starts Here
This module allows employees to digitally submit their expense reports. Users can enter details of expenses incurred during business activities, such as travel, meals, accommodations, and more.
- Expense entry with date, amount, description, and category selection.
- Attachment of digital receipts and expense documentation.
- Support for multiple expense submission methods using web and mobile-app.
Receipt Capture
A Paperless Path to Expense Excellence
The receipt capture module simplifies the process of attaching and storing receipts. It allows users to upload digital receipts or capture images of paper receipts using mobile devices.
- Mobile app integration for capturing images of paper receipts.
- Optical Character Recognition (OCR) for extracting information from receipts.
- Secure storage of digital receipts for easy retrieval.
Expense Approvals
Simplify for a more efficient workflow
The system allows managers or designated personnel to review and approve or deny expense requests based on predefined policy. It ensures that expenses comply with company policies and budgetary constraints. It also allows the
creation of multiple level approval flows as per company policy.
- Customizable approval hierarchies based on organizational structure.
- Automated routing of expense reports to appropriate approvers.
- Notifications and reminders for pending approvals.
- Integration with email for approval notifications.
Expense Tracking
Simplify Expense Monitoring
Simplify your expense tracking and receive notifications for employee expense requests. So, this module continuously monitors and records all expenses within the organization, providing a comprehensive expense history. It serves
as a central repository for expense data.
- Real-time tracking of expenses, including date, category, amount, and status.
- Historical expense data for audit and analysis purposes.
- Quick access to expense reports and their details.
Integration with Payroll
Where Expense Management Meets Payroll Precision
Seamless integrated with payroll modules ensures that expense data flows accurately and efficiently, reducing data entry errors and facilitating financial reporting.
- Automatic synchronization of expense data with payroll.
- Accurate reimbursement and financial reporting.
Reports & Analytics
Receive On-the-Spot Report Deliveries
Get real time reports which provide detailed insights into various aspects of expenses, helping businesses make informed financial decisions, maintain compliance, and enhance financial control.
- Report generation with various filters and parameters.
- Data visualization for easy analysis.
- Ad-hoc reporting capabilities.
- Expense Summary Reports
- Detailed Expense Reports
- Category Based Reports
- Expense Approval Reports
Benefits For Employees
You'll take charge of tracking your own expenses as an employee.- Gain real-time insights into your spending, with clear visibility into whether expenses have been approved, rejected, and the reasons behind it.
- Easily log your expenses, snap a photo of the receipt, attach the invoice, and you're all set!
- Break free from the burden of irregular expense report tasks.
- Disable or Suspend the Card if Lost
- Receive amount in form of cash, voucher or payroll
Benefits for companies
Effortlessly Handle, Review, and Approve or Decline Expenses in a Matter of Seconds.- Say goodbye to the chaos of receipt searching and email overload.
- Enjoy the convenience of consolidating all expenses in one centralized location.
- Receive prompt notifications via the app or email whenever an employee submits an expense, and approve or reject it with a single click.
- Easily add comments to expenses or request additional information when necessary.
- Gain real-time insights into your spending and analyze your primary investment areas.
How Can Expense Management Software Benefit You?
We focus on what matters most – our expense management software delivers.
- Leave behind the era of paper and the hassle of reviewing expenses one by one. Simplify expense management by consolidating everything into a single software platform.
- Enhance collaboration with the ability to comment on expense reports and request additional details as needed.
- Drive your company's profitability by gaining insights into high-profit areas and pinpointing where strategic investments are essential.
- Equip yourself with essential information for smarter decision-making, enabling you to prioritize revenue generation and minimize expenditure.
Is it done?
Not at all.
- Effortlessly Import Expenses into Excel or Your Accounting Software for Tax Filing.
- Organize, Analyze, and Retrieve Expense Reports on Demand.
- Filter Expenses by Date, Department, Project, or Type.
- Achieve Greater Visibility, Data Insights, and Increased Profits.
