Expense Management Efforts Get a Helping Hand
July 25, 2014
By Julianne Tangney, TMCnet Contributing Writer
As any savvy CEO knows, keeping a lid on expenses can mean the difference between profit and loss. Conventional wisdom says that if you watch the pennies, the dollars will take care of themselves.
So it was with that thought in mind that Deem, a company focused on delivering Commerce-as-a-Service, announced new features that will be included in in its Deem@Work offering. The company currently has an expense management system that recognizes savings and provides a more efficient use of time when planning business trips. The company’s innovations will be beneficial to any business traveler’s overall expense management efforts, which might include the always-elusive telecom expense management arena.
Deem is investing in developing and researching the best services for its customers, as they’re one of the few companies working continuously to create new ideas in travel, spend, and expense management. Deem provides a way for companies to use one vendor for many services, where customers will receive discounts on every transaction for their business trips.
Mobile travel innovations are the focus of the company’s new features, as users can utilize their smartphones and tablets to quickly update business trip purchases. Local discounts will also be introduced to them due to a feature that can track the user’s location; price rates for potential expenses will be displayed to compare and see what the cheapest or best expense is.
According to the company, Deem@Work is simple to use, making it easy to navigate the tool and use all of its services. All features can be displayed on a mobile device to make changes quickly, and the software provides the ability to create an expense report for business managers to review after business trips.
Deem has more than 130 people working to create these services for their customers, and say they’ll keep pushing forward to continue finding savings for business customers while keeping costs low.
Edited by Rory J. Thompson