DatasheetGeneral Business
Advanced Expense Management
Acumatica's Advanced Expense Management automates expense reporting, credit card transaction imports, and receipt tracking, helping businesses improve accuracy and streamline project costing.
What you'll learn
- Automated Expense Reporting: Uses AI and ML for smart matching, automating the categorization of expenses and linking receipts to transactions, reducing manual data entry.
- Mobile Receipt Capture and Push Notifications: Employees can scan and submit receipts via their mobile devices, with reminders sent through email or text to ensure timely submissions.
- Integrated Credit Card Management: Connects to over 14,000 financial institutions, synchronizing credit card transactions in real-time to eliminate manual imports.
- Secure and Compliant: Ensures data security with Multi-Factor Authentication (MFA), Advanced Encryption (AES 256), and Transport Layer Security (TLS).
- Improved Project Costing and Billing: Automatically associates expenses with service appointments and projects, providing accurate cost tracking for billing and profitability analysis.
"I hear that over and over how easy it is to assign expenses to projects, take a photo of a receipt from a phone, and in two minutes have it logged into the system." - Derrick Elledge, VP of Operations, Power Storage Solutions
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