Islet Smart Expense

ISLET Group has pack­aged an intel­li­gent trav­el and expense man­age­ment solu­tion based on SAP tech­nol­o­gy, which ensures an effi­cient process and user-friend­li­ness. ISLET SMART EXPENSE is a SAP qual­i­fied part­ner solu­tion that is suit­able for medi­um-sized com­pa­nies oper­at­ing in dif­fer­ent indus­tries. The solu­tion is based on mod­ern, cloud-based SAP Con­cur technology.

With the pack­aged solu­tion for trav­el and expense invoic­es, com­pa­nies are intro­duced to an easy-to-use, com­pli­ant, and com­pa­ny trav­el pol­i­cy com­pat­i­ble, cloud-based solu­tion that updates month­ly for pro­cess­ing trav­el and expense invoic­es. It can be imple­ment­ed smooth­ly with one clear pack­aged enti­ty, ensured by flex­i­ble inte­gra­tion into the com­pa­ny’s finan­cial and per­son­nel man­age­ment sys­tems. The solu­tion is specif­i­cal­ly designed for medi­um-sized com­pa­nies in var­i­ous indus­tries, aim­ing for a flex­i­ble and smooth trav­el and expense man­age­ment process.

Pro­cess­ing trav­el and expense invoic­es is one of the HR and finance process­es that must be smooth for those who cre­ate invoic­es, those who review and han­dle them, and also those who approve them. In the near future, automa­tion will fur­ther increase its role in the process as the use of arti­fi­cial intel­li­gence and machine learn­ing devel­ops, and pio­neers have the oppor­tu­ni­ty for a sig­nif­i­cant com­pet­i­tive advan­tage. Scal­a­bil­i­ty in a chang­ing oper­at­ing envi­ron­ment along with the orga­ni­za­tion should be tak­en into account, also from the per­spec­tive of process coverage.

When imple­ment­ed, this pack­aged solu­tion includes cre­at­ing trav­el invoic­es on mobile, seam­less­ly pro­cess­ing receipts using arti­fi­cial intel­li­gence, and a flex­i­ble approval and review process tai­lored to the com­pa­ny’s needs, all the way to pay­ment. This enables stream­lin­ing the trav­el and expense process and reduces risks, as it ensures that the infor­ma­tion is cor­rect and always avail­able, guid­ing the user to act accord­ing to the law and the set require­ments. Time sav­ing with this easy-to-use solu­tion enables focus on oth­er tasks, thus bring­ing over­all sav­ings to the orga­ni­za­tion and a bet­ter employ­ee expe­ri­ence. An impor­tant part is also to gain vis­i­bil­i­ty and trace­abil­i­ty to the entire orga­ni­za­tion’s expens­es, ensur­ing bet­ter and respon­si­ble deci­sion-mak­ing.

Islet Smart Expense can be expand­ed with addi­tion­al func­tion­al­i­ty and scales with changes in the company.