Harvest
Expenses
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Expense Report Programs

Harvest offers a practical solution for small-to-medium businesses needing a project-based expense tracker with mobile capabilities, helping reduce manual errors by 20% and streamline submissions.

  • 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

Automated expense management is revolutionizing how businesses handle their financial reporting, offering significant time and cost savings. In 2021, 54% of expense reports were submitted via mobile apps, with projections suggesting this will grow to 75% by 2025. This trend towards mobile and automated solutions helps businesses reduce manual errors by 20% and cut down the time spent on managing expenses by 27%.

Harvest positions itself as an ideal solution for small-to-medium businesses looking for a straightforward, project-based expense tracker. With a strong focus on real-time tracking, Harvest allows remote teams to upload receipts and sync expenses automatically via its mobile app, offering a seamless experience.

Mobile-First Expense Reporting

The increasing reliance on mobile technology is reshaping expense management practices, with 90% of businesses expected to eliminate paper-based processes by 2025. This shift reduces administrative overhead and improves accuracy, as manual processes are prone to errors, with 19% of reports typically containing mistakes.

Harvest leverages its mobile app to facilitate on-the-go expense submissions, allowing users to manage their expenses anytime, anywhere. This functionality is particularly beneficial for remote teams who need to track expenses in real-time, ensuring that businesses can maintain accurate financial records without the hassle of paperwork.

Managing Expenses Across Borders

Global businesses face the challenge of managing expenses in multiple currencies, a task that can be cumbersome without the right tools. While Harvest does not perform currency conversions, it supports multi-currency expenses, allowing clients to use different currencies per client. This feature is crucial for companies operating internationally, as it simplifies the process of handling expenses across various regions.

For businesses that require a straightforward solution to manage expenses in multiple currencies, Harvest provides a practical approach by allowing international reimbursements through its platform. This capability ensures that companies can efficiently manage their global expense reporting requirements.

Simplifying Expense Report Submissions

Submitting expense reports can often be a complex process, especially when systems are not streamlined. Overly complex approval workflows can lead to delays and missed checks. While Harvest does not offer customizable approval workflows, it simplifies the process by integrating expense approvals into weekly timesheets managed by direct supervisors.

This approach not only streamlines the approval process but also ensures that expense reports are reviewed and approved promptly. By focusing on efficiency and ease of use, Harvest makes it easier for businesses to manage their expense reporting without unnecessary complications.

Expense Report Programs with Harvest

Experience Harvest's mobile app for seamless, on-the-go expense submissions, perfect for small-to-medium businesses.

Harvest expense report program interface showing mobile app capability.

Expense Report Programs FAQs

  • Mobile apps offer significant advantages in expense reporting, such as reducing administrative overhead and increasing accuracy. By 2025, it's projected that 75% of businesses will rely on mobile apps for expense management, streamlining processes and reducing errors by up to 20%.

  • Harvest supports international expense management with its multi-currency feature. While it doesn't convert currencies, it allows users to set different currencies per client, facilitating international business operations with ease.

  • Automated systems are crucial as they reduce the time spent on managing expenses by 27% and decrease error rates by 20%. These systems help businesses move away from manual, error-prone processes to more efficient, streamlined operations.

  • Yes, Harvest can handle multi-currency expenses. It allows users to assign different currencies per client, which is essential for companies working with international clients.

  • Mobile apps improve accuracy by allowing immediate receipt capture and submission. This reduces the likelihood of errors, as information is recorded in real-time, and ensures that 90% of businesses are expected to fully transition to paperless processes by 2025.

  • Key features to look for include real-time tracking, mobile app support, multi-currency management, and automation capabilities. These features help in reducing manual errors and improving efficiency.

  • Yes, Harvest offers real-time expense tracking, particularly beneficial for remote teams. Users can upload receipts and sync expenses via the mobile app, ensuring accurate and timely financial reporting.