According to the National Visitor Survey Results in June 2022, 86 Million visitors travelled across Australia for a domestic overnight trip. Yes… It’s  probably safe to say that travel is back! The majority of these travellers took personal trips – where they were in control of the what, the where and the how. They unwound, went with the flow and even made changes to their itineraries as they saw fit. If you’re a part of the 15.9 Million travelled specifically for business though, the story is quite different. You’re travelling on your employer’s dime, for purposes often defined by the em ..read more

The COVID19 pandemic caught almost all business leaders by surprise. Out of nowhere, they were suddenly faced with a question no one likes to hear: will we make it? After the pandemic though, they were presented with a new normal – one where how we work, shop, travel, exercise, socialise, learn and even think about life changed. The game went from one of survival to one of repositioning businesses according to a new, less clear set of opportunities and risks. Some of the objectives on their agenda: digitising to capture the more digital customer and employee, experimenting with new and innovat ..read more

Organisations across the world rely on Artificial Intelligence (AI) to ease the burden of manual processes that exist within our day to day lives. For finance teams, expense management and accounts payable are one of them. AI unlocks the ability to streamline repetitive expense processes including expense claims, approvals and credit card reimbursements, saving up to 90% of costs and time in most cases. Whilst it assists multiple departments, from sales teams on the ground to CFOs managing reporting, what happens when AI fails? Should AI-driven expense and invoice management be considered by C ..read more

Leading organisations around the globe continuously seek new and innovative ways to reduce costs, time and processes through the use of digital transformation. But what exactly is digital transformation? Digital transformation is the process of using technology to create new or alter existing processes, culture, and customer experiences to meet changing business and market opportunities and challenges. Whilst the COVID pandemic forced organisations to quickly find new ways of ensuring consistent operation through digital transformation, leading research companies, such as Gartner, provide stat ..read more

Our humble beginnings started in a small office located in Bella Vista, Sydney, tightly accommodating 4 team members. This office space nurtured the idea that by harnessing new and innovative technology, businesses would be able to revolutionise and streamline their entire spend process. We do this by uniquely offering a multi-module platform for businesses to manage their finance, operations and everything in between. We are constantly enhancing and innovating our solution as we always look for ‘a better way’. It is this passion and our commitment to service excellence that keeps expensemanag ..read more

We have moved, but why? Let’s reflect on our journey. Our humble beginnings started in a small office located in Bella Vista, Sydney, tightly accommodating 4 team members. This office space nurtured the idea that by harnessing new and innovative technology, businesses would be able to revolutionise and streamline their entire spend process. We do this by uniquely offering a multi-module platform for businesses to manage their finance, operations and everything in between. We are constantly enhancing and innovating our solution as we always look for ‘a better way’. It is this passion and our co ..read more

In the most recent Targeting Scams Report, the ACCC states that of the astonishing $851m lost through scams in 2020, Invoice Fraud was recorded as the 3rd highest scam method contributing to $128M lost for Australian businesses. If you think this is concerning, the ACCC has stated that “Average losses so far in 2021 are more than five times higher compared to average losses in the same period last year”. It is evident that cybercriminals are continuously adapting and finding new ways to hijack details of hardworking Australian businesses, however, what if we told you that this could be easily ..read more

Digitalisation is defined by Gartner as the ‘use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the process of moving to a digital business’. Digitisation and Finance are terms that are usually not associated together. However, comparing finance processes today with those of 10 years ago, it is evident that technology has been the main driver of boosting efficiencies within the organisations of today. We no longer hold onto our receipts – instead we snap a photo on our smartphone and upload it into the ‘cloud’. Manual reconci ..read more

Grace Murray Hopper once said “One accurate measurement is worth a thousand expert opinions.” One of the most important business functions, Accounts Payable (AP), is commonly overlooked when measuring performance. However when done correctly, can provide crucial insights that drive efficiency, accuracy and overall better use of organisation’s resources. Join us as we run through why measuring the performance of your AP is important (we might even give you some small tips too!) Let’s start with the example of Invoice Processing Times. Measuring the time to process an invoice, from receipt to sc ..read more

Queensland’s Indigenous small businesses are set to receive a digital and financial management edge, with one of Australia’s leading technology company, Reckon, launching an Indigenous-first cloud accounting solution in a state-wide push to foster and support Aboriginal and Torres Strait Islander start-ups. Reckon’s Deadly Digits solution is supported by the Queensland Government’s Advance Queensland initiative as part of the Deadly Innovation Strategy, which seeks to deliver jobs and economic wealth for Indigenous people within the state. The online accounting software enables Indigenous bus ..read more