Page 48 - JoFA_2022
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TECHNOLOGY Q&A










































                            Don’t forget to schedule a start and end time so   And in those situations where you are already
                          you don’t have to worry about turning off the auto   on the plane headed to your vacation destination
                          replies when you get back to work. A newer feature   but forgot to set your automatic replies, the settings
                          allows you to block your calendar and have Outlook   can all be adjusted from the Outlook app on
                          automatically decline meeting requests scheduled   your phone.
                          for your time off.                        — By Byron Patrick, CPA/CITP, CGMA




         EXPENSE REPORTING SOFTWARE
         Card-carrying ways to automate expense reports


         Q. During the    A. I am blown away every day by how many   automating this tedious process. Put down those
         pandemic, we had   companies still use paper receipts and complicated   paper receipts and read on.
         far fewer expense   spreadsheets to manage expenses. Think about all
         reports to process,   the time and money being wasted for the human   Solutions to streamline the process
         which saved us   hours it takes to scan the receipts, copy last month’s   Expense reporting software has quietly been ma-
         many hours of    spreadsheet, update the cells, and then print, sign,   turing for many years. These applications eliminate
         manual work.     and scan again to submit the expense report. On   the need for the monthly “hokey pokey expense
         Now that we are   top of that, consider the hours put into review-  report shuffle” mentioned above and simplify the
         processing a lot of   ing and approving the PDFs (fingers crossed for   process of collecting, submitting, approving, and
         expense reports   no questions), entering them into the accounting   ultimately paying the expenses.
         again, it’s taking   software, and cutting the checks.       These solutions typically integrate with many
         up way too much    Fortunately, as we start 2022, just about every-  popular applications, including all the major ac-
         time. Is there a   thing we do daily has been automated in some way.   counting general ledger packages and many payroll
         better way to do   And that includes expense reports.      providers. In addition to the core applications,
         expense reports?   I’ve broken down some of the best options for   these solutions include many popular vendors used


         46    |   Journal of Accountancy                                                          January 2022
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