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7 Expense Management Software Features Your Business Needs

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Expense management is an important software that helps streamline off office spending by category, verify expenses with proofs, and process reimbursements. Therefore, it’s important to invest in the best expense management software in 2023 and beyond. A customised expense management system thoroughly designed to record all field executives' expenses, and put a cap on their spending limits is helpful in speeding up the claim process. More than that, it helps keep track of expenses, prevents organizations from overspending, and reduces the scope of duplicate and fraudulent payments. What is an Expense Management System? Expense management software is a modern application that automates and streamlines the process right from claiming for receipts to reimbursement. It helps track, visualise, submit, and manage expenses to streamline the process and enhance the financial control. With advanced e xpense management software features , firms can automate expense report submission, track e

Keep your vehicles safe with Tyre Pressure Monitoring System

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Overinflation of tyres leads to reduced traction, frequent blowouts, and reduced fuel efficiency. On the other hand, the underinflation of tyres is not good either. It causes poor handling, tire damage and affects the ability to apply breaks. Thus, maintaining optimal tyre pressure becomes important.  In the article, we will uncover how  Tyre Pressure Monitoring System by TrackoBit can help you maintain the good health of your tyres and reduce your overall vehicle maintenance costs.  What is the need for a Tyre Pressure Monitoring System (TPMS)?  Every vehicle has an optimum tyre pressure range set. If the air pressure in the tyre exceeds that range, tyres become overinflated. This overinflation of tires reduces traction between the tyres and the road. When the traction reduces, the vehicles lose their ability to apply brakes and accelerate. Therefore, increasing the risk of road accidents.  Whereas, when the air pressure in tyres is lower than the optimum range, tyres become underinf

What is Route Optimization & How to Succeed in 2023?

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What to expect from this 5 min read? Everything about Route optimisation and its importance in 2023.    When technology wasn’t as advanced as today, fleet drivers used to follow routes that were laid out on physical maps. These were the old days. Now, let’s jump to 2023. Do you think it is still possible for fleet businesses to follow this process, it is always possible. However, it might not be the best use of their time.  With the introduction of advanced technology, large fleet businesses have started using route optimization for improving overall fleet efficiency. This article will emphasize all the whys and hows.  What is Route Optimization? Route Optimization refers to the process of finding the most efficient and cost-effective route. Now, the efficient route doesn’t necessarily mean finding the shortest route. To understand the concept of optimization clearly, let’s know route planning first.  Route Planning software focuses on reducing the total driving time by considering s

Increase Product Longevity with Cold Chain Monitoring Software

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Cold Chain products can be defined as products that require a particular temperature to maintain their quality, efficacy and safety throughout their supply chain journey to. If not maintained in the recommended temperature range, these products can easily go stable in transit. This is exactly where the Cold Chain Monitoring Software comes to your rescue.   What is Cold Chain Monitoring?  Cold Chain Monitoring is the process of managing temperature-sensitive products as they move through the supply chain from production to consumption. The main objective of cold chain monitoring is to ensure that these perishable goods( fresh produce, pharmaceuticals, bread, and fruits) are maintained within their specific temperature ranges.  As these products are highly sensitive to temperature fluctuations, they must be handled with care to ensure that they reach the customers without losing their quality. Let’s know about more industries that use Cold Chain monitoring to gain more clarity on the to