The Infor Expense Management (XM) solution handles employee-initiated expenditure and revenue processes, including those for travel expenses and entertainment expense claims, travel planning and pre-trip approval, rechargeable time capture and supplier payment initiation.
Infor Expense Management Software consists of four core modules: Travel Plans, Expense Reports, Payment Requests, and Timesheets. These integrated applications make it easy to plan and expense business travel, request and approve payments, charge time to projects and cost centres and calculate paid time off and overtime. The overall result is comprehensive control over employee-initiated corporate spending.
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With Infor Expense Management in the cloud, you can take control of your employee-initiated expense needs without having to install or maintain any components within your IT infrastructure. As a software-as-a-service (SaaS) solution, Infor Expense Management has obtained clean SSAE 16 (formerly SAS 70) reports every year since 2004, satisfying even the most stringent Sarbanes-Oxley requirements.
With Infor Expense Management Expense Reports, you can dramatically reduce the hassle, time, and cost of creating, approving, and processing expense reports by replacing paper-based tasks with this automated system.
With Infor® Expense Management Travel Plans, you gain valuable insights into your corporate travel policies and costs by streamlining your approval process with automated review and approval tools.
Infor Expense Management Payment Requests automates the slow and often cumbersome employee-initiated process of requesting vendor payments, so you can keep your vendors happy by paying them faster.
Infor Expense Management Timesheets delivers powerful time-tracking capabilities, so you can avoid manual, time-consuming, and error-prone tasks. You can reduce the hassle, time, and cost of entering and processing employee time and attendance. Best of all, Infor Expense Management Timesheets uses innovative workflow business rules, so it works alongside your company’s business policies.