Next year is sure to shift the processes and strategies organizations in every industry use to govern their corporate travel. Here are a few trends to look out for as we head into 2018.
[three_fifth last="no" spacing="yes" center_content="no" hide_on_mobile="no" background_color="" background_image="" background_repeat="no-repeat" background_position="left top" border_position="all" border_size="0px" border_color="" border_style="" padding="" margin_top="" margin_bottom="" animation_type="" animation_direction="" animation_speed="0.1" class="" id=""][fusion_text]We're committed to partnering with our customers and users to help them understand and prepare for the General Data Protection Regulation (GDPR). The GDPR is the most comprehensive EU data privacy law in decades and will go into effect on May 25, 2018. Besides strengthening and standardizing user data privacy across the EU nations, the GDPR will require new or additional obligations on all organizations that handle EU citizens' personal data, regardless of where the organizations themselves are located. On this page, we'll explain our methods and plans to achieve GDPR compliance, both for ourselves and for our customers. Organizations established in the EU and processing personal data of EU-based individuals will, in almost all cases, be required to comply with the GDPR by May 25, 2018. The GDPR updates and harmonizes the framework for processing personal data in the European Union, and brings with it new obligations for organizations and new rights for individuals. Many organizations, large and small, are now preparing for the new regulation. Here at Certify, Inc., we are committed to achieving GDPR compliance for the Certify, Nexonia, and Tallie brands. Preparing for the GDPR The GDPR's updated requirements are significant. Here at Certify, Inc., we have partnered with TrustArc to assist in our compliance efforts. Measures to achieve this include:
- Assessing our current level of compliance, then identifying and prioritizing those tasks needed to update our privacy policies, procedures, and practices to achieve compliance.
- Conducting an inventory of customer and employee data flows, data sharing relationships, practices and procedures across the Certify, Nexonia and Tallie products. This will result in the creation of a Data Inventory which we will maintain.
- Making sure we have the appropriate contractual terms in place.
- Ensuring we can continue to support international data transfers by maintaining our Privacy Shield certifications, and by executing Standard Contractual Clauses through our updated Data Protection Addendum.
Next year is sure to shift the processes and strategies organizations in every industry use to govern their corporate travel. Here are a few trends to look out for as we head into 2018.
And that’s a wrap! Intacct Advantage 2017 has come to a close. We hope all who attended this year’s event left the city of lights feeling like high rollers. The conference floor was buzzing in Las Vegas. Thanks to everyone who stopped by to visit us. It was a thrill to debut our combined Nexonia and Tallie booth. We hope you enjoyed the refreshments and gifts! If you were still up at sunrise, our hangover kits definitely came in handy. Whether you came by for a demo or to recharge your conference juices, we had a great time chatting with new and old friends. Kudos to our very own Director of UX and Product Engineering, Claire Milligan, who took the podium for a presentation on driving accurate forecasting through employee engagement and financial tools. And we’d like to thank all of our partners who joined us at Top Golf for our East v. West team shootout. It was a great opportunity to come together for some face-to-face time and friendly competition. We didn’t all hit the greens, but we all took our swings! Bringing so many powerhouse names under one roof is a clear indication of how quickly the fintech industry continues to grow. It’s an exciting time to join the conversation and collaborate with organizations working to better the accounting process. If you’re still gambling with paper receipts and excel sheets, check us out here. We look forward to seeing you all again at Intacct Advantage 2018!Intacct Advantage 2017: It was a blast, see you again next year! Gallery
And that’s a wrap! Intacct Advantage 2017 has come to a close. We hope all who attended this year’s event left the city of lights feeling like high rollers. The conference floor was buzzing in Las Vegas. Thanks to everyone who stopped by to visit us. It was a thrill to debut our combined Nexonia and Tallie booth. We hope you enjoyed the refreshments and gifts! If you were still up at sunrise, our hangover kits definitely came in handy. Whether you came by for a demo or to recharge your conference juices, we had a great time chatting with
Religious organization leaders have a lot on their minds, including the best ways to use their resources to help and support the local community. Church-sponsored activities like mission trips, fundraising, and summer camps can be beneficial for a religious organization, its members, and local citizens, but these events also come with related costs. Tracking and managing the financial resources of a religious organization is different from managing the expenses of a business. Organizational leaders must keep several considerations in mind while ensuring they are following the latest rules for nonprofit spending. Thankfully, there are a few things religious organization leaders can do to streamline this process, including:
Creating Spending ThresholdsWhen a church or other type of religious organization sponsors an event or other outreach, they must ensure spending is allocated according to the level of financial resources the group has available. If too much is spent on a camp or mission trip, for example, the organization may not have the funds to participate in other planned events. Although approving expenses in advance can work for some organizations, it can also become a time-consuming and arduous process for organizational leaders. Instead, it could be helpful to create a budget and specific spending threshold for each event or activity. In this way, organizational members can obtain the supplies and items they need, and church leaders need not worry about dealing with reimbursement forms or approving expenses ahead of time.
Working With Preferred VendorsBecause it's usually not feasible for organizational leaders to be involved in every transaction necessary to support the religious group, it can also be beneficial to create a list of approved merchants. In this way, members who have the ability to spend on behalf of the organization know exactly where to turn when they need supplies or other items. As Church Tech Today contributor Lauren Hunter pointed out, many churches likely already have trusted merchants they do business with on a regular basis. "Include a list of these vendors in your accounting policy, and consider requiring employees and volunteers to use them unless they've received approval to shop elsewhere," Hunter wrote. "You're free from micromanaging every purchase and can focus on your church."
Tracking Spending with a Mobile-Friendly Reporting SolutionIt's imperative that organizational leaders account for every dollar donated to the group. This isn't just important for the group's overall transparency, but as accounting firm HCVT pointed out, new guidance from the Financial Accounting Standards Board now requires more visibility for nonprofit expense reporting. These standards, which will make it easier for donors, creditors, and other financial institutions to assess a nonprofit's resources, will go into effect on Dec. 15, 2017, and religious organizations must be prepared. In order to support the type of transparency needed, religious groups must track their spending. As opposed to hanging onto physical receipts, which can easily be misplaced, a better solution is to utilize expense reporting software that comes with mobile capabilities. In this way, members and church leaders can simply snap a photo of their receipt at the time of the transaction, ensuring that every dollar is accounted for. What's more, mobile support enables organization leaders to approve expense reports from anywhere, streamlining reimbursement where necessary. A leading expense-reporting solution, like Nexonia, also provides credit card integration, eliminating the need to manually match transactions with expense reports. A solution that supports multiple currencies is ideal for today's religious organizations, especially those that take part in mission trips outside of the US. To find out more about how an advanced expense reporting solution can streamline the expenses of your religious organization, contact Nexonia today for a demonstration.How Religious Organizations Can Streamline Their Expenses Gallery
Tracking and managing the financial resources of a religious organization is different from managing the expenses of a business.
Religious organizations have been taking more frequent mission trips lately, both inside and outside of the U.S. According to Short Term Missions, the movement toward this kind of outreach began in the 1960s, and today, more than 2 million people in America participate in church-sponsored trips.
Mission trips can create specific challenges for both volunteers and church leaders, especially when it comes to necessary spending. Expenses must be tracked and recorded, and volunteers must be reimbursed where possible. Doing all of this by hand isn't just time consuming and arduous, but can create more opportunity for error.
A better alternative is an expense reporting solution that can help the church better organize its finances and mission trip expenses. Let's take a look at why this kind of technology is ideal for today's churches:
1) Better Tracking and Visibility for Receipts
As ChurchLaw&Tax pointed out, it's important that mission trip leaders keep a detailed recording of all expenses that take place during a mission trip, and obtain receipts where possible. This log should also include information like the date expenses took place, the names of volunteers spending the funds, how much was spent, and the purpose of each expenditure.
Organizing all of this information alongside the necessary receipts can be a challenge, especially when church members are away from their normal workspace. In these situations, few things are better than being able to complete all of this work from the palm of your hand via a mobile device. Now, more religious organizations are leveraging technology than ever before, and using an expense reporting solution that enables users to easily capture receipts and track all of the particulars of their spending significantly streamlines expense management. At the same time, this solution also provides access to important spending data for church leaders, providing the visibility they need to properly organize church finances.
2) Account for All Donations
Tracking expenses during mission trips is important for a number of reasons, and near the top of this list is the fact that money garnered from donations must be accounted for. Churches and religious organizations are tax exempt, but they must keep meticulous records of how donations were used in order to qualify for this status. This is particularly true during mission trips.
As ChurchTax&Law noted, any spending of donations that cannot be accounted for must be returned to the church after the trip. Putting in place an advanced expense reporting solution can help ensure that all expenses - particularly those funded by donations - is tracked and accounted for, helping churches align their practices with their tax exempt responsibilities.
3) Streamline Exchange Rate Calculations
One consideration that is often overlooked during mission trips is the daily exchange rate that could impact expense tracking and reimbursement. Short Term Missions found that 65 percent of all mission trips take place overseas, and most regions use their own currency.
Thankfully, an industry-leading expense solution can take the guesswork out of exchange rate calculations. Using daily exchange rates according to the date of the expense receipt, exchange rates can be automatically and accurately calculated. This means your church's reports are consistently correct, and spending is always tracked in the most precise way.
Church mission trips require a number of important considerations, and while tracking spending is imperative, it can fall to the wayside during the trip, creating complications after the journey has ended. These problems can be eliminated with an advanced expense solution that allows mission trip participants to easily track spending, organize receipts, and account for the donations used to support their work.
To find out more, contact the experts at Nexonia today.3 Reasons an Expense Reporting Solution Is Ideal for Mission Trips Gallery
Mission trips can find additional support with expense reporting solutions.
If you run a business, chances are good that you've had to send your employees on a trip - or take one yourself - for a corporate initiative. Whether the purpose of the trip is to scout a new location, visit a client or cement a partnership with a new B2B vendor, it's important that traveling workers have what they need to make their journeys successful.
According to current statistics, business travel is more common than many realize - in the U.S. alone, employees take 488 million business trips each year, including 12 trips a year for older travelers, and 14 trips a year for younger employees.
With so much corporate travel taking place, it's imperative that your company's traveling workers are supported with the right tools and strategies. What do your traveling employees need? Let's take a look:
1) A Clearly Understandable Travel Policy
There's nothing worse for a staff member than to be asked to take a trip for the organization without having a robust understanding of the business's travel policy. This policy must outline what is expected of employees, as well as what's expected of the company, especially when it comes to paying for travel costs and reimbursement.
According to a report from the Global Business Travel Association, 79 percent of traveling employees noted that their organization's travel policy has the largest impact on booking decisions. In fact, this policy has become even more critical than overall convenience and the price of the trip.
Because this policy is so crucial for workers and the decisions they make surrounding their travel, it's critical that the policy is well defined and easy to understand. This will ensure that employees are completely clear about corporate travel guidelines, reimbursement and other important factors that contribute to their plans.
"The study results show that travelers want to do the right thing," said Tobias Ragge, CEO of the hotel giant HRS. "Communicating the travel policy through the right channels at the right time and listening to your travelers' feedback is key."
2) Continual Communication
Communication isn't just important where the travel policy is concerned. It's also essential that traveling employees remain in the loop with their managers and other co-workers, even when operating outside of the office. This not only ensures that workers have the support they need during their trip, but can also contribute to higher productivity and job satisfaction.
According to research from Office Vibe, the vast majority of staff members - 65 percent - crave more feedback about their work. And because 69 percent of employees work harder when their efforts are recognized, and 78 percent noted that this recognition contributes to being more motivated on the job overall, it's important that managers don't let communication lapse during a business trip.
"Feedback and engagement becomes especially important for team members who are less visible or interact with colleagues infrequently because of remote working," Forbes contributor Kavi Guppta wrote.
3) An Easy-to-Use Expense Reporting Solution
One of the most complex factors of business travel surrounds the process of keeping track and reporting expenses. A clear travel policy providing guidelines here can help, but one of the best ways to support traveling employees in this pursuit is with a streamlined expense reporting solution.
It's important for decision-makers to seek out an expense management software that can:
- Integrate with accounting and ERP systems, making it easier to sync and utilize data across these important internal platforms.
- Support multiple different currencies, particularly if employees make frequent trips out of the country.
- Be accessed via mobile devices, enabling employees to more easily track and report expenses on the go.
An expense management solution of this caliber can considerably streamline the approval process and reimbursement for employees, while making it easy for executives to glean the visibility they need into their company's travel costs. To find out more, contact the experts at Nexonia today.How to Best Support Your Traveling Workers Gallery
Companies can support their workers by taking these three steps.
There's no doubt that education comes with its own set of expenses. And while the back-to-school season sees parents grumbling about the ever-increasing list of supplies they must buy, many overlook the fact that educators also spend their own money to support classroom lesson plans.
Estimates vary, but Bankrate reported that teachers typically spend $530 out of pocket for school supplies. TurboTax noted that educators spend $945 on average and that this is a common practice before the school year starts for 99.5 percent of all teachers in public schools.
Thankfully, there is some reimbursement at play here — some schools with larger budgets pay educators back for their expense. In addition, the IRS also offers a tax deduction of up to $250 for educational expenses.
In order to get this reimbursement, though, teachers must track their spending. But what expenses are the most important to record?
This can be one of the largest expenses teachers have to deal with by far. While many districts with shrinking budgets are offsetting costs by adding items like tissues and wet wipes to parent school supply lists, as Time contributor Martha White noted, the costs of many supplies fall to educators. Whether teachers buy special supplies for specific lesson plans or simply to ensure that all students have the tools they need, it's important to track these expenses.
The IRS noted that unreimbursed expenses related to classroom supplies like books, computer equipment, and software are eligible for deduction. Keeping track of these transactions will make it much easier for teachers to get this reimbursement come tax time.
P.E. Teachers: Athletic Equipment
Reimbursement doesn't just come for typical classroom teachers — those in charge of physical education classes can also get reimbursement for their expenses. In this way, P.E. teachers who spend their own money on nets, balls, or other fitness equipment should keep track of their spending as well. While larger purchases may be funded or reimbursed by the district, any leftover, unreimbursed spending can be deducted on yearly tax forms.
Professional Development Programs
Many educators head back to school to further their own skills and knowledge, and as Bankrate pointed out, these expenses can be written off at tax time. Some districts will also offer financial support for teachers who expand their own education, so it's important to track expenses related to professional development programs, including any necessary travel costs.
Make Expense Tracking Easy
Whether for reimbursement from the district, for tax deductions, or simply for their own personal records, it's beneficial for teachers to keep track of the expenses they incur. TurboTax recommends keeping detailed records, and while keeping receipts in physical files is an option, a better way is with an expense reporting solution.
This technology allows educators to easily take photos and keep digital copies of receipts alongside details about their expenses. Everything is organized and easily accessible when it comes time to report to the district for reimbursement, or write things off at tax time.
To find out more about using an advanced expense reporting solution to track educational spending, contact us for a demonstration today.What Types of Expenses Should Teachers Track? Gallery
There’s no doubt that education comes with its own set of expenses.
Reporting expenses is an important job in every line of work, but for nonprofits, tracking every type of spending that takes place for the good of the organization is imperative. Ensuring nothing goes to waste is essential, but nonprofits also have specific industry rules that they must follow, and these impact expense tracking and reporting in particular.
IRS Form 990
Tax time is a little different for nonprofits, specifically those tax-exempt groups and any organization that is a private foundation. These groups must file Form 990 with the Internal Revenue Service each year by the 15th day of the 5th month of the organization's fiscal year, according to the IRS.
Form 990 is a little different from the tax forms used by for-profit companies and non-charitable institutions. Unlike corporate IRS forms, the 990 is used by the IRS as well as other groups and interested parties - this form compiles details about the nonprofit's mission, the programs it supports, and its overall finances, and is publicly accessible.
"Because the data are readily available, most donors, funders, and charity watch-dog agencies calculate program-spending and fundraising-efficiency ratios using Form 990 data," In Focus authors noted in a CPA Journal report, "Functional Expense Reporting for Nonprofits."
Accuracy Is Paramount
Because Form 990 is a public-facing document, nonprofits must verify that their expenses are in order, and are categorized according to the form's specific delineations. Expenses must be separated into three different umbrellas, including program expenses, administrative expenses, and fundraising expenses.
While there are no hard-and-fast rules about how a nonprofit's budget should be spent, Form 990 helps show how the organization's donations and other capital are used. In this way, accurate bookkeeping and expense reporting is absolutely critical.
The Growing Issue of Problematic Calculations
In Focus noted that in some cases, reporting of expenses within Form 990 isn't error-free. In fact, some nonprofits' calculations simply cannot be accurate, including instances where organizations report zero fundraising costs, or report zero management and general expense costs.
This type of situation can create distrust among potential donors and financial supporters, not to mention issues with the IRS. Nonprofits expense reporting must be done in the most accurate way possible.
Calculating and Categorizing: Where Travel Fits In
A big part of supporting accuracy is correctly categorizing expenses as they relate to the three sections of IRS Form 990. Legal resource provider Nolo noted that things like teaching a class or delivering goods and services to the less fortunate would fall under program expenses. Costs including those connected with board of director meetings, insurance, human resources, or office management would be considered administrative expenses. And things like publicizing an event or supporting a funding campaign would be included in fundraising expenses.
When nonprofit employees or volunteers take part in travel as part of their organization's mission, these expenses must be carefully tracked and reported. Numerous costs can come up, including flights or other transportation, lodging, and food. These expenses should be categorized according to the activity they relate to. For instance, if travel takes place as part of delivery of goods or services, costs should be reported as part of program expenses. Travel to support a special contribution soliciting event, on the other hand, should fall under fundraising expenses.
However nonprofits leverage their travel, the important part is to verify that all expenses are properly tracked, recorded, and accounted for. Accuracy and transparency is critical, especially when it comes to the ways in which nonprofits use their financial resources. One of the best ways to support this is with an advanced expense reporting solution. Such technology can ensure that employees and volunteers have an easy way to track their travel spending, can be easily reimbursed, and can help make certain that no expense goes unreported or otherwise falls through the cracks.
Correct expense reporting is particularly critical for nonprofits, especially as it relates to IRS Form 990. A streamlined expense reporting solution can make all the difference here, providing a transparent way for administrators and staff to manage, calculate, and categorize expenses.
To find out more about how technology can improve your nonprofit organization's accurate and transparent expense tracking, contact Nexonia for a free customized demonstration today.Why Expense Reporting Is Even More Important for Nonprofits Gallery
Expense reporting is a beneficial tool, especially for nonprofit organizations.
Church leaders in charge of tracking and resolving the organization’s expenses have a lot of factors to keep in mind. Things like summer camps, sponsored events, and fellowship activities all come with an array of expenditures that must be recorded, approved, and reconciled, and these processes can all take considerable time out of a church leader’s day. For these reasons, it’s incredibly helpful to have an expense reporting solution in place to streamline these responsibilities and provide more time for church staff to serve the community. When seeking out a solution for your church, though, there are a few main considerations to make. Let’s take a look at what your institution needs from its expense reporting technology:
1) Real-Time ReportingWhether staff members are at a store making a church-related purchase, at an event paying a vendor or another location away from the church, they must have a way to quickly and easily report their expenses. Advanced expense reporting solutions enable users to report spending from anywhere it happens, at any time. The best part of this feature is that it means nothing falls through the cracks where expense reporting is concerned. As ChurchTechToday pointed out, real-time reporting can curb overspending as well as spending abuses, and keep your church on track and on budget. “Expense reporting apps allow you to track expenses in real time and maintain closer control of spending without sacrificing convenience,” ChurchTechToday noted. “While your primary focus may be bringing in more members and donations, it’s important to regularly examine the budget.” And with advanced expense reporting technology on your side, organizing the budget becomes much less of a chore.
2) Robust Credit Card IntegrationVolunteers who serve the church are special individuals, but asking them to use their own money to support church activities can cause considerable strain. Volunteers then have to wait for reimbursement, and this delay could create problematic gaps in their own finances. A better way to approach spending is with a credit card used in the hands of trusted staff and for church expenses only. Having a credit card makes it much easier for members and volunteers to make necessary purchases without having to stress about reimbursement. These days, many churches prefer to use credit cards as a replacement for staff member or employee reimbursement. In order to make this work, however, your church’s expense reporting solution should be able to support credit card integration to streamline expense tracking. Expense reporting technology that enables credit card integration provides the most visibility and control for church leader cardholders and eliminates the need to manually match transactions with expense reports.
3) Training and Customer SupportFinally, church leaders must keep in mind the level of technological knowledge those using the expense reporting solution have. Even the simplest solution comes with a bit of a learning curve, and it’s important that church leaders and those in charge of managing expenses understand how to use the solution in order to glean the most value from it. An often-overlooked consideration with expense reporting solutions is training and customer support. Your church needs a solution provider that will do more than just serve up software — church leaders should seek out a partner that can offer full support as well as training for users. This puts your church in the best position to make the most of its investment in its expense reporting solution. Churches and religious organizations have specialized expense reporting needs, and finding a solution that offers real-time mobile capabilities, credit card integration, and customer support can significantly simplify expense management. Selecting an Expense Reporting Solution for Your Church: Top 3 Considerations Gallery
Church leaders in charge of tracking and resolving the organization’s expenses have a lot of factors to keep in mind. Things like summer camps, sponsored events, and fellowship activities all come with an array of expenditures that must be recorded, approved, and reconciled, and these processes can all take considerable time out of a church leader’s day.
For most corporate employees, business travel has become a way of life. In fact, 40 percent of businesses have a workforce that takes part in travel at least one week a year, and another 24 percent of organizations noted their employees traveled for at least four weeks per year. With so many enterprise-sponsored trips happening, company leaders and traveling staff members must have a simple way to keep track of and report their travel expenses. This is where an automated expense reporting solution comes into play, simplifying the lives of travelers and their employers, thanks to a few key benefits. Let's take a look at three top reasons why companies of all sizes are flocking to these solutions:
1) Aligning Expense Practices with Company Travel PoliciesA company travel policy lays the ground rules for everything from booking travel to reimbursement for expenses, and ensures that traveling workers and their companies remain on the same page. A travel policy is integral to tracking and reporting expenses, as well as paying employees back for the money spent on corporate travel. In the past, it was difficult to align expense reporting practices with the company travel policy - in fact, 49 percent of organizations cite the need to improve compliance with company travel procedures as a present pressure. An automated expense reporting tool can alleviate this challenge by creating a single solution for inputting receipts and tracking other expenditures. This makes it much easier for workers and employers to remain in step with important policy pieces, like per diem amounts and reporting schedules.
2) Reducing Operating CostsTravel is expensive, and the cost can increase exponentially for longer trips, or those that require added stops. Half of all companies process at least 500 expense reports on a monthly basis, and another 26 percent process as many as 2,500 reports. And when you consider that it costs an average of $41.12 to process a single report manually, the price of not automating corporate travel systems becomes significant. A top priority among business leaders today is to reduce these costs, and the best strategy to employ here is the use of an automated expense reporting solution. With this technology in place, the cost of processing a report drops to $7.17, saving financial resources that can then be put toward more pressing mission-critical initiatives.
3) Streamlining Employee ReimbursementFrom an employee perspective, one of the biggest challenges with corporate travel is the time it takes to be reimbursed. Even if the organization pays up-front for airline tickets and hotel stay, the worker is still responsible for day-to-day expenditures. And when staff members aren't reimbursed as quickly as possible, they can easily become dissatisfied. Lengthy reimbursement cycles are among the top-five travel and expense management challenges companies face today. An automated solution streamlines reimbursement by making it much easier for employees to submit reports on schedule. With a robust travel expense management solution, employees can access the platform via their mobile devices and input receipts from anywhere. This means there's less of a chance that a receipt will be lost, and staff members can get their reports in on time, helping to eliminate any delay in reimbursement. Automated expense management tools are a must for any company with a traveling workforce. To find out more about how this technology can make your life and the lives of your employees easier, contact us today. 3 Ways Automated Expense Reporting Makes Your Life Easier Gallery
For most corporate employees, business travel has become a way of life. In fact, 40 percent of businesses have a workforce that takes part in travel at least one week a year, and another 24 percent of organizations noted their employees traveled for at least four weeks per year.
Expensing your business Lyft ride just got easier with new Nexonia integration. Lyft and Nexonia today announced a partnership to simplify the expense report process for business travelers. Lyft, the fastest growing rideshare company in the U.S., introduced the number one most requested feature for business travelers: automatic ride expensing. Now, business travelers using Lyft can can set up their business profiles to automatically forward receipts into Nexonia, eliminating the need for receipt screenshots and email forwarding. Setup is quick and easy. Users simply open the Lyft app, tap “Business profile” or create one, tap “Expense management” and select Nexonia. Once completed, all business ride receipts going forward are automatically sent to users’ Nexonia Expense accounts. Nexonia then converts the receipts into itemized expense receipts. “Nexonia has partnered with Lyft to help improve the expense workflow for the business traveler,” says Paul Thedinga, Vice President of Strategic Alliances at Nexonia. “When you are on the go, ease of use is important. Our world-class mobile app, in conjunction with Lyft, automates the receipt entry process.” This integration supports Nexonia’s commitment to simplifying expense management. Building the best time and expense management software for business travelers is an essential part of that focus. By automating the ride expensing process, Nexonia eliminates busywork and empowers business travelers to concentrate on real work. “We will continue to partner with companies such as Lyft to make business travel a hassle-free experience,” says Paul Thedinga. “Nexonia is committed to bringing expanded functionality to the market.” About Nexonia Nexonia is a leading provider of web and mobile Expense Reports and Timesheets solutions. Nexonia’s easy-to-use applications are fully integrated with ERPs, credit cards, and other systems supporting a variety of businesses. Nexonia solutions are designed to streamline the reporting and approval process, improve human resource management, and enhance operational efficiency. Recently, Nexonia joined forces with Certify, Tallie, and ExpenseWatch to form the largest independent expense management company in the world. For more information about Nexonia, please visit www.nexonia.com.Lyft Introduces Nexonia as a New Expense Management Partner Gallery
Expensing your business Lyft ride just got easier with new Nexonia integration. Lyft and Nexonia today announced a partnership to simplify the expense report process for business travelers. Lyft, the fastest growing rideshare company in the U.S., introduced the number one most requested feature for business travelers: automatic ride expensing. Now, business travelers using Lyft can can set up their business profiles to automatically forward receipts into Nexonia, eliminating the need for receipt screenshots and email forwarding.