Expense Management Quiz

by Ouail El Gharniti · October 27, 2014

Do you want to understand how does your company perform when it comes to expense management? Take our short quiz. Pick the answer that best describes the situation at your company. At the end of the quiz, add up your score.

1. Do you use spreadsheets to manage your business expenses?

We only use spreadsheets (1 point)
We combine software with spreadsheets (2 points)
Not at all. We are completely paperless (3 points)

2. Once an expense report has been submitted, on average, how long it takes for employees to get reimbursed?

I don’t have any idea when they are going to be reimbursed (1 point)
One to two weeks (2 points)
Less than 5 days (3 points)

3. How does your expense process perform in term of mobility?

I have to be in the office to process the pile of receipts and reports on my desk (1 point)
We have some remote access to the system but it’s not enough (2 points)
Yes. Employees can use their mobile phones to create and submit reports from anywhere and at any time (3 points)

4. How much visibility do you have over the company spend?

To be frank, we have no visibility whatsoever! (1 point)
We have a good idea but sometimes we have to guess (2 points)
We have an excellent insight into spend. Almost a real-time visibility (3 points)

5. Is your workforce happy with the system in place?

They hate it (1 point)
Somewhat happy. However, they would prefer if it was easier (2 points)
They are very happy (3 points)

Score
13-15: Congratulation, you are among the best-in-class
9-12: Good but there is room for improvement
5-8: You have some catch up to doAt Keepek, our goal is to simplify expense management and reporting for medium and small businesses.

Tags: Expense Management Expense Report Quiz

Next story App for Expense Reports
Previous story 6 Tips for Managing Business Expenses

Expense Management Quiz

Recent Posts

Categories