Harvest
Expenses
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Business Central Expense Management

Harvest offers a robust solution for managing expenses across multiple currencies, simplifying project-based expense management for small-to-medium businesses.

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  • Attach receipts to projects & tasks
  • Turn tracked expenses into client invoices
  • Free 30-day trial, no credit card needed

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The Shift to Automated Expense Management

Businesses are rapidly transitioning from manual, paper-based expense processes to automated solutions to improve efficiency and accuracy. Traditional methods often lead to errors in 19% of reports and cost companies significant time, with each error taking an additional 18 minutes and $52 to rectify. Harvest addresses these challenges with its automated expense tracking system, offering significant cost savings by reducing processing costs by up to 78% per transaction. This transformation is essential as companies face increasing demands for real-time financial visibility and cost control.

Automation not only improves accuracy but also accelerates the entire expense management cycle. For instance, automated processes can cut expense report processing time by 67% and lead to a 65% decrease in errors. By integrating Harvest into your workflow, you benefit from a streamlined, cloud-based solution that supports multi-currency transactions, making it ideal for businesses with international clients.

Overcoming Visibility Challenges in Expense Management

Lack of visibility into company spending is a significant issue, with 34% of businesses unable to track their expenses effectively. This can lead to overspending and missed savings opportunities. By implementing Harvest's expense tracking capabilities, businesses can gain precise insights into their financials, enabling better decision-making. Harvest's comprehensive reporting tools allow you to monitor expenses by project, ensuring every dollar is accounted for.

Beyond merely tracking expenses, Harvest enables users to categorize expenses and manage them across different projects and clients. This level of detail helps prevent budget overruns and aligns spending with company goals. For example, a construction company that adopted an automated expense management system reduced reconciliation time by 75%, demonstrating the tangible benefits of enhanced visibility.

The Role of AI and Mobile in Modern Expense Management

AI and mobile technology are reshaping how businesses manage expenses, with 66% of employees in the U.S. submitting expenses via mobile applications. This shift reduces processing time by 41% and supports the growing trend of remote work. While Harvest doesn't offer AI-powered receipt scanning, it does facilitate seamless mobile uploads of receipt images, ensuring that expenses are tracked efficiently and accurately.

Harvest's mobile-friendly platform allows users to manage their expenses on the go, providing flexibility and convenience. This adaptability is crucial in today's fast-paced business environment, where quick access to expense data can drive more informed financial decisions. By leveraging mobile technology, Harvest helps businesses stay agile and responsive to their expense management needs.

Integrating Harvest with Your Business Systems

Efficient expense management requires seamless integration with existing business systems. While Harvest does not integrate directly with Microsoft Business Central, it functions effectively alongside your current systems to offer a comprehensive view of project expenses. Harvest's capability to handle multi-currency transactions at the client level makes it a valuable tool for businesses operating in multiple countries.

To maximize efficiency, businesses should integrate their expense management solutions with other financial tools, such as ERP and accounting software. This integration eliminates manual data entry, reduces errors, and provides a unified view of company finances. Harvest supports this integration approach, allowing users to manage expenses without disrupting existing workflows.

Streamline Expenses with Harvest

Harvest simplifies project-based expense management, offering multi-currency support for international transactions.

Screenshot showing Harvest's expense management interface with multi-currency support.

Business Central Expense Management FAQs

  • Automating expense management significantly reduces processing costs and errors. Businesses can save up to 78% per transaction and cut processing times by 67%. This leads to better financial visibility and decision-making.

  • Harvest supports multi-currency transactions at the client level, making it ideal for businesses dealing with international clients. This feature helps manage expenses accurately across different currencies.

  • While Harvest does not integrate directly with Microsoft Business Central, it complements existing systems by offering robust project-based expense management capabilities, supporting multi-currency transactions.

  • Mobile technology allows employees to submit expenses on the go, reducing processing time by 41%. Harvest's platform supports mobile uploads, enabling efficient and flexible expense management.

  • Increased visibility helps prevent overspending and ensures that expenses align with company goals. Harvest provides detailed reporting tools to monitor and categorize expenses effectively.

  • Harvest aids legal firms by providing real-time insights into client account spending and ensuring accurate billing. This helps prevent profit leakage and compliance failures.

  • Yes, Harvest is ideal for small-to-medium businesses as it offers a straightforward, project-based expense tracking solution with multi-currency support, enhancing operational efficiency.