Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Busiest Day for Expense Reports Exposes Potential Two Billion Dollar Waste for U.S. Businesses
Finance departments across the U.S. brace for holiday rush as expense report volume doubles on December 19th

REDMOND, Wash., Dec. 17, 2012 /PRNewswire/ -- As many employees get ready for their holiday break, company accountants are bracing for one of the most chaotic and costly times of the year.  Concur (NASDAQ: CNQR), a leading provider of integrated travel and expense management solutions, identified December 19th as the busiest day for submitting expense reports in the U.S last year*.  For the vast majority of businesses that haven't yet automated the expense reporting process, this means a tidal wave of T&E reimbursement requests overwhelming manual and paper-based expense reporting process.  It also has an impact on a company's cash-flow and underscores a huge cost disparity between manual and automated processes.

A recent report by Aberdeen Group found that it costs the average U.S. company approximately $18 to process each expense report. This same study found that the cost drops below $8 per report in "best-practice" companies that have automated the process. Based on these findings and internal data, Concur estimates that U.S. companies are wasting more than $2 billion annually as a result of these inefficient manual processes. Companies interested in addressing this issue can learn more here.

As the year comes to a close and the holidays approach, employees are eager to wrap up unfinished business and receive reimbursement for out of pocket expenses. While increases in client and staff entertainment spending contribute to the holiday season surge in expense claim activity, many employees also wait until the last minute to claim expenses for business trips taken earlier in the year.

The impact of this tremendous spike in activity on U.S. businesses includes lost productivity from employees filing and processing their reports manually along with an unanticipated surge of dollars flowing out of their businesses. While employees are rushing to file their expense reports, accountants and finance departments are under pressure to process the large transaction volume ahead of the holiday season in advance of year end. The result is an end-of-year spike in expense report volume that is almost as predictable as the winter solstice. Unfortunately, the many businesses that have yet to automate this process lack proper visibility into their T&E spend and could be caught unaware of the coming onslaught of requests from employees for reimbursement.

"We anticipate a high level of expense report activity in the December timeframe," said Scott Schitter corporate director, tax and financial compliance for the Catholic Healthcare partners. "With Concur, we no longer shuffle papers between approvers, and have insight into tracking and monitoring expenses because corporate card charges are directly imported into our expense reports for a more complete process. This enables us to streamline this busy season and get our employees their money much faster with less work."

"Whether it's closing out of a calendar year or a fiscal year, the last thing a finance department should be worrying about is shuffling paper and locating lost receipts," said Mike Hilton, executive vice president for Concur. "We process more expense reports that any other company in the world, so we are equipped to help minimize the impact to the business and ensure deadlines are met. Concur's cloud-based services help corporate clients streamline their entire travel and expense reporting process, while our mobile app helps their employees quickly and easily capture expenses and receipts and submit expense claims from anywhere."

Guidance for Surviving the Expense Report Dash

Together with Concur, savvy accounting teams are now providing a few tips to help alleviate the additional burden to the finance department during this busy time of year, including:

  • Send out company-wide reminder emails to submit expenses on time.
  • Provide Concur training videos or create a Webinar for how to submit and/or approve an expense report.
  • Ensure the expense report is complete by making sure required receipts are included and adhering to policies– an incomplete expense report can create more review cycles and increase the time it takes for the submitter to be reimbursed.
  • Leverage mobile technology to capture digital images of receipts and submit expense reports. Managers can also access expense reports in order to approve or reject right from their device. The advancements of mobile technology empower employees to capture pictures of receipts with a smartphone and attach them to expense reports. In addition, Concur sees more and more clients leverage the smartphone to submit expense reports (67 percent increase) and approve (53 percent growth) reports on the road.  

* Based on Concur's expense report data from December 19, 2011

About Concur

Concur is a leading provider of integrated travel and expense management solutions. Concur's easy-to-use Web-based and mobile solutions help companies and their employees control costs and save time. Concur Connect is the platform that enables the entire travel and expense ecosystem of customers, suppliers, and developers to access and extend Concur's T&E cloud. Concur's systems adapt to individual employee preferences and scale to meet the needs of companies from small to large. Learn more at www.concur.com or the Concur Blog.

SOURCE Concur

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
What are the benefits of using an enterprise-grade orchestration platform? In their session at 15th Cloud Expo, Jeff Tegethoff, CEO of Appcore, and Kedar Poduri, Senior Director of Product Management at Citrix Systems, will take a closer look at the architectural design factors neede...
StackIQ offers a comprehensive software suite that automates the deployment, provisioning, and management of Big Infrastructure. With StackIQ’s software, you can spin up fully configured big data clusters, quickly and consistently — from bare-metal up to the applications layer — and ma...
Here’s the presentation I gave at the Linux Foundation’s CloudOpen in Dusseldorf on October 13, 2014 titled Mixing Your Open Source Cloud Cocktail Add two parts virtualization, one part orchestration add a little networking shake and pour. Unfortunately cloud computing isn’...
There's fog coming to the world of IT. Some people are calling this "The Cloud." This fog turns everything inside out. It will take your monolithic applications, the guts of which are contained within large bodies of code, and break them apart so that discrete units of functionality a...
In his session at 15th Cloud Expo, Mark Hinkle, Senior Director, Open Source Solutions at Citrix Systems Inc., will provide overview of the open source software that can be used to deploy and manage a cloud computing environment. He will include information on storage, networking(e.g.,...
When I took my operating systems fundamentals course in college I was taught that an operating system provides very specific capabilities that provides users with access compute resources for building and running applications. Over time as networking capabilities and bandwidth increase...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE