ZOHO Expense – Features, Benefits and More

Posted on: Tue Sep 3, 2024

Are you a small business owner in Dubai? Are you searching for a stress-buster practice to relieve yourself from the endless confusion at the office regarding business travel expenses? Maintaining receipts, waiting long weeks for approvals, and manually updating expenses into outdated systems is troublesome! Not only does this process waste time, but it also invites errors and delays in your daily operations. Introducing Zoho Finance to help you make the expense tracking, recording, and approvals streamlined! Enjoy the comfort and peace of mind when you monitor the business travel expenses and a plethora of functionalities from a centralized console!  

zoho expense

Source – zoho

Updating stock information is critical to making rapid decisions. Still, outdated data and sluggish updates can lead to delays, lost opportunities, and revenue. Imagine a world where expense reporting is automated, approvals are instant, and data is always up to date. Zoho Expense provides end-to-end expense management, freeing you and your team to focus on what will make your business grow. Real-time tracking, instant approvals, and seamless integrations are just a few of the many enticing features to highlight. Say goodbye to those manual updates and welcome a new era of effortlessness in expense management with Zoho Expense.

1. The Stunning Features of Zoho Expense

Zoho Expense comprises a set of features designed to manage every phase of your business travel expenses with a professional and efficient approach. Its seamless integration and automation features will impress you from the moment of installation. From tracking to recording and reimbursing expenses, Zoho Expense covers it all. You can even control purchase requests and implement expense controls with ease. Take a moment to experience and appreciate the transformation Zoho Expense brings to your expense management process.

source – zoho

Let’s take a tour of the Zoho expense features:

a. Receipt management and expense management

  • Automatic receipt and expense tracking with advanced auto scan feature
  • Multilingual Auto scan, reads receipts in 14 languages with accuracy
  • Auto conversion of plane tickets/hotel reservation receipts from inbox into expenses.
  • Import receipts directly from the cloud
  • Automatically organize uploaded bulk receipts
  • Access all-expense-related reports in one centralized location
  • Manage day-to-day expenses from anywhere in the world
  • Automatic travel tracking through GPS, manual entry, map locations, and odometer readings.
  • Stay updated on mileage expenditures with detailed analytic reports.

b. Card Management

  • Real-Time Transaction Fetching
  • Reminder to snap a photo of your receipt right after purchase
  • Automatically match receipts with card transactions
  • Easily handle corporate card expenses by automatically creating, categorizing, and reconciling all transactions.
  • Connect any corporate card to Zoho Expense to automatically
  • Automated Card Expense Reports
  • Monitor your team’s card usage with an easy-to-read dashboard
  • Quickly match card transactions with expenses

c. Expense reports management and automation

  • Auto-Generate Report Names and Numbers as per settings
  • Create Different Types of Expense Reports
  • Combine all expenses into a detailed report
  • Add cash advances to expense reports and automatically adjust reimbursement amounts.
  • Download reports as PDFs and choose which fields to include for easy storage and sharing.
  • Auto-Submit Reports
  • Automate Approvals
  • Get Deadline Alerts

d. Business Travel Management

  • Self-Booking Tool to book flights, hotels, cabs, and trains while following company guidelines.
  • Save big on price drops with alerts, and rebook flights at a lower fare.
  • Real-time updates onFlight delays, cancellations, or schedule changes
  • Automate Visa Requests
  • Automate Compliance with Travel Policy
  • Zoho expense complete travel desk manages everything from end to end.
  • Get crisis notifications and notify employees regarding critical situations that occur while they are on travel.
  • Monitor and track carbon emissions to help meet your organization’s sustainability objectives.
  • Get complete visibility of 360-degree travel requests through real-time analytics and dashboards for informed decision-making.

e. Comprehensive Purchase Requisition Software

Enjoy an easy, streamlined, and problem-free purchase booking process with Zoho expense.

f. Easy Expense approval

Enjoy simplified, standard approval options as well as customized approval options to approve business approvals without a lag.

g. Have a grip on business expenses

Establish policies on spending specifically for branches or departments across Dubai while getting instantly notified when a violation occurs.

h. Seamless Reimbursement

  • Deposit reimbursements directly
  • Carry forward excess reimbursements
  • Sync data with ERP or payroll solutions
  • Keep employees updated
  • Access 5 analytic reports: overview, user tracking, pending settlements, and downloadable reports

i. Stay Audit Ready and VAT compliant

With data security and seamless integrations to other platforms, the Zoho Expense application can always keep your expenses audit-ready and VAT-compliant without any extra effort.

j. Automation, customizations, and integrations

  • Set up requirement-specific workflows.
  • Automatic email alerts
  • Email template customization
  • Customize fields in the expense form.
  • Add fields
  • Provide user-based visibility of fields.
  • Import records from modules in other applications
  • Create needs specific customized components (modules, buttons, links, etc.)
  • Add URLs on the dashboard.
  • Integrations with Zoho suits, ride-hailing services, banking, travel, accounting, and ERP services for a seamless, comprehensive expense-tracking experience.

k. Mobile Apps

Extremely efficient and responsive mobile apps to guarantee efficiency, 24 X 7.

l. Security assurance

Data security assurance through user-based access, SSL encryptions, multi-level authentications, and single signup to the ZOHO apps.

2. Zoho Expense: Benefits

  • Flexible Pricing: Zoho Expense offers flexible pricing that perfectly fits the needs of small businesses in Dubai. You can start small and scale it up to meet the required needs.
  • Trips Feature: Easily track and manage business trip expenses. For instance, if a group of employees attends a conference, you can ensure all trip-related expenses are within your company’s policies and get reimbursed smoothly.
  • Card Integration: Add your corporate or personal cards to Zoho Expense. This will help you keep all your transactions in one place and simplify importing the card statements, saving you time by reducing errors.
  • Custom Approval Workflows: Set up approval processes based on the amount of expenses. For example, you can set larger expenses to go for extra approval, making the cost
  • control easier.
  • Duplicate Charge Alerts: Receive alerts on duplicate charges to avoid errors and unnecessary reimbursements and ensure accuracy in your books.
  • Easy Reimbursements: Allow easy reimbursements directly into employee accounts, carry over any excess amounts, and sync with your ERP or payroll system. Keep your employees in the loop and dive deep into detailed reports to track and manage expenses efficiently.
  • Easy-to-use interface: Zoho Expense has an easy-to-use interface and many features to streamline your business expenses. Master it correctly from the right installation partners in Dubai for the best positive impact on business returns.

Streamline your expense management with ZOHO Expense!

Want to know more?

3. How much does it cost to implement Zoho Expense Software in UAE?

Zoho Expense Pricing Plans

They help you choose the best one that suits your business requirements from various plans. Each plan offers different features suitable for various business needs, including marketing teams, finance departments, sales teams, project managers, and more.

4. Who is the best Zoho Expense Implementation partner in Dubai?

Implementing Zoho Expense with the right partner, like SPK auditors Accountants, Dubai, UAE, is of prime importance. The Zoho Expense application features many more applications that can help your business track and report expenses in a relaxed and easy process. Zoho Expense is not many but one, and not one but many.

a. How does the SPK Zoho Expense implementation process stand out from the rest in Dubai?

  • They thoroughly learn your business processes
  • Personalized installation and training strategies
  • They follow a friendly approach
  • Installation with minimal alterations to your processes
  • Thorough explanations and hands-on sessions for every feature
  • Convincing how Zoho Finance deals with your industry-specific expense tracking and recording challenges
  • Instant support and guidance
  • It’s not just the installation process but helping you master the application

b. SPK Zoho Expense Implementation process in Dubai, UAE

  • Free Consultation
  • Monitoring and assessing your business expense tracking, recording, and approval procedures
  • Choosing the right Zoho Expense plan for your business
  • Explaining how Zoho Expense can help you face the current challenges
  • Explain the comprehensive features to make you realize how Zoho Expense can help your business beyond expectations
  • Training
  • Ensuring you master using the application
  • Instant guidance and support

5. How can SPK auditors and accountants help business owners in Dubai?

As SPK Auditors are experts in audit, tax, business consulting, and advisory services in the UAE, they stand out as top Zoho Expense installation partners. With decades of experience handling finance and accounting challenges across various Dubai industries, SPK Auditors offer unparalleled expertise. Their extensive background—25 years of experience and membership in IR Global—ensures they can effectively address all your finance and accounting concerns. Choose SPK Auditors for Zoho Expense installation and gain steady momentum to achieve your business goals.