Expense management software is just the same as car tyres or new shoes – it needs to be a perfect fit or it’s not up to the job. With that in mind, here’s how to choose the best expense management solution for your business…

Choosing the wrong small business expense tracking software won’t give you blisters or make your car unsafe – but it could still turn out to be a financial car crash by wasting your hard-earned money.

To make your small business expense tracking as effective as possible the solution to pick is one that offers sufficient flexibility to make it match your business requirements exactly – and not just today, but for next month, next year, and the year after that.

There is room for neither long-term contracts nor for buying features you don’t need, which simply jack up the cost and waste your money.

But at the same time, it’s important to find an intuitive solution that can grow with your company as it grows, doing away with the need to switch to another solution later.
That makes scalability the key. Solo Expenses recognises that, and that’s why our online expense tracker scalable in two ways.

Firstly, although it’s a feature-rich app, not all of the features are forced upon you from day one. The most basic ones are offered completely free for as long as your business is a registered user. Others can be added or subtracted at will, as and when you need them, with a simple click on an easy-to-use dashboard.

That ese of operation has cost implications, because you won’t be charged for features you’re not using – and you’ll be charged only for the one you do use whilst they’re switched on.

The second scalable dimension is that Solo Expenses recognises that if you have just six employees you’ll need to use employee expenses software less than if you have 6,000. The software is perfectly at home no matter how many you have on the payroll, but you’ll be charged only for the number of employees you have on the system, on a per employee per month basis.

It’s been set up like that because Solo Expenses believes firmly that in business, long-term sustainable business relationships are based on trust and an understanding that the supplier is delivering a valuable service at a price that robs neither the buyer nor the seller.

Speaking of which, using Solo Expenses diligently has the rigour to be so effective at small business expense tracking that there’s every chance it will save you more money than you invest in its use. Will that be true for you? There’s only one way to find out, and that’s by using the product…

Author's Bio: 

Expenseondemand is an end-to-end cloud-based expense report software solution that automates and streamlines the expense management process.