Automation of the collection of project expense receipts is a key element in improving project efficiency.
Implement a receipt scanning system in your company finance software or project management software.
Late expense claims and incorrectly booked hours can hide a project overspend. Set clear submission deadlines and check missing costs before relying on your reports.
A good project reporting system connects costs, labour, forecasts and billing so reports can be produced with less manual work. Set it up early, give the team clear responsibilities, and use the same information for project and program reporting.