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Category: Expense Management

Your Accounting Must Be Digital: The New Bookkeeping Act

The bookkeeping act needed modernization to stay current, which led to the implementation of a new bookkeeping act on July 1, 2022.
According to the new bookkeeping act, your accounting must be digital, which places specific requirements on the accounting software you use. If you manage your bookkeeping in Excel, it is very likely that you will not meet the new law’s digitalization requirements.

Opposing opinions on time registration 

coffee machine while on the phone

While some view it as a restriction on flexibility and a form of control and surveillance of employees, others see it as a necessity to gain insight into how the company’s resources are utilized and to enable more accurate billing.
Despite increased administrative costs and the required behavioral change, time tracking can provide managers and employees with a better overview of working hours and patterns.

ESG Metrics and Reporting – What You Need to Know

Woman sitting on sofa with a macbook

Using ESG metrics, companies can measure their efforts in three areas: Environmental, Social, and Governance. Reporting makes the company’s sustainability efforts more transparent through precise results. Learn more about the importance of ESG metrics in this article.

The actual costs associated with manually handling expenses

coworkers talking at lunch

We are often asked questions along the lines of, “how expensive is Acubiz?” or “isn’t it expensive to acquire a system for handling our expenses?”.

Let us try to reverse the question by asking, “do you know how much you spend on handling expenses?”.

How should you store your vouchers?

Taking picture with phone of receipt

There is still a widespread belief that original paper vouchers must be kept regardless of whether the document is scanned and is stored digitally or not.