Description

SpenMantra is a new generation and eco friendly travel and expense management software to manage business travel expenses, track spending, optimize budgets, invoice management, automated accounting and simplify travel reimbursements. It offers its users to manage their expenses digitally and build their claims within seconds. The application comes with advanced workflow and control alongside ERP integration, which makes it more user friendly. SpenMantra's T&E includes analyzing travel and expense data to identify spending patterns, potential cost savings, and policy compliance issues. SpenMantra Expense Management is the most flexible and configurable travel and entertainment (T&E) expense management software on the market. Besides this, the software enables its users to process their invoices by using the account payable automation option. Thus, it helps to eliminate the stress of paper-chase and manual data entry.

Benefits:

• Streamlining of processes
• Reduction of resources required to reconcile statements
• Improved data to assist in vendor negotiations
• The ability to audit expenditure

Focuses on the Travel Request and Expenses incurred from multiple perspectives to:

• Eliminate Manual processes and bring transparency
• Control & Bring down your Expense levels
• Reduce the Leakages & Wastages in Expense
• Bring Visibility & Analysis to your Spend Patterns
• Sharply Reduce cost of Processing Expense vouchers
• Implement Practical Expense Budgeting & Controls
• Ensure Compliance to Corporate & Statutory regulations and policies

Features – Spend Mantra

• Travel Policy Management and Enforcement: Configurable multi-policy capability based on users, groups and roles / designation. 
• Multi-Currency Support: Ability to submit requests in multiple currencies.
• Customizable e-Forms:  All request and claim e-forms can be customized to suit business needs. Data management automatically happens based on form changes. Administrators can add/update new expense categories and options easily through a browser interface.
• Approval Workflow: Customizable approval workflow process. Role based access to approval system and automatic routing. 
• Receipt Management:  Scan and upload receipts and attachments as part of the     Travel expense claim form. Managers and accounts have     option to allow or disallow expenses depending on whether     receipts are available or not.
• Monitor and Track:  Monitor and track the status of ‘My Requests’ through the     personalized travel portal. Know instantly where your     requests are. Based on your  role your dashboard gives     visibility into more or less information related to the T&E. 
• Reporting Tools:  Clearly see who is spending what, and how it impacts     overall T&E. Track expenses by category, by employee or     by date along with a host of other options.
• 3rd party integration:  3rd party platform integration with credit card, cabs,     hotels, ticketing, and also integration with company’s ERP     solutions,