Paylocity Holding Corporation (Nasdaq:PCTY), a provider of payroll and human capital management (HCM) software solutions, announced today its newest product, Web Expense. The latest solution in Paylocity’s product suite will streamline and automate the expense management process.
“Even with all of today’s technology, so much of the expense management process is still manual, and HR professionals aren’t receiving the data they need to analyze what their employees are expensing,” said Steve Beauchamp, President and Chief Executive Officer at Paylocity. “Paylocity’s expense management solution improves organizational efficiency for our clients by offering them a level of automation that simplifies the expense management process.”
Web Expense eliminates manual steps often involved in filing, approving, and reimbursing expenses. This level of automation can help increase efficiency, improve productivity, and reduce monetary costs associated with processing expense reports and correcting errors. Specifically, the expense management solution will allow clients to:
- File and submit expenses in an intuitive and unified module
- Receive notifications throughout the entire reimbursement process
- Approve expense reports quickly and easily
- Capture and submit receipts from a mobile device
- Access expense history
- Automatically create general ledger entries
- Generate and analyze spend reports
Web Expense is now available as an add-on module for clients. For more information on Paylocity’s expense management tool, click here.