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Why software companies should rethink their expense workflow

In 2011, Marc Andreessen said it first in an essay for the Wall Street Journal — software is eating the world. Eight years down the line, it turns out he was right — almost every technology company is doubling down on their software efforts, and a seemingly limitless amount of software-as-a-service (SaaS) startups are founded and funded every day.

Even companies that are best known for their hardware products, like Apple, are changing their ways — instead of trying to sell more iPhones, they’ve been trying to increase the revenue from their software services.

All in all, chances are you’re working for a software company. But while the industry is booming, it’s also changing rapidly — and with that come all kinds of challenges. In this article, we’ll shine a light on the various problems these businesses deal with on a daily basis — and how using an expense management platform can be the solution.

Simplifying your expense process

When you’re in the software business, you’re making digital tools by using… other digital tools. Code is written in code editors, designs are made in Sketch and team communication happens on Slack. But that’s not all — your administrative tasks like email, HR inquiries, and expenses all rely on a bunch of other software products.

Let’s face it — you’re dealing with a lot of tools, so at first it might sound strange to add yet another one. However, an expense management platform can actually cut down on the number of tools you use, as it combines the functionality of multiple apps into one feature-rich suite. While today you might be using a combination of Excel, accounting software and other programs to get the job done, a modern expense solution has everything you need to get reimbursed in one place.

Go paperless

At most companies, the expense process is firmly stuck in the past. But when everything is digital at your company, why are you still asking employees to keep their paper receipts? It’s easy to lose them and a hassle to hand them in — especially when you need to fill out an expense form by hand and bring it to the right department. On top of that, getting reimbursed can take weeks or even months.

It’s so much easier using a modern expense tool. With Rydoo, all you need to do is open the mobile app, snap a picture of your receipt and forget about it. There’s no need to hang on to the bill or stick it to an expense form — it’s already on its way to your manager and the finance department. The best part? Getting reimbursed is a matter of hours, not days.

A tool your employees will love

When you’re creating modern software for consumers or business, you don’t want to skimp on your internal tools. Digital tools for consumers often have a beautiful design, slick animations, and cutting-edge features, but meanwhile most business software looks and feel like it’s been stuck in time for the last couple of years. We went on a mission to change that.

Rydoo is designed with our users in mind, so we’ve doubled down on the user interface and experience, making sure that every screen and interaction feels polished. We’ve taken our powerful features and made them easy to use for anyone — no matter if they’re a digital newbie or a computer savant. If you still have questions or run into a problem, don’t worry — our top-of-the-line support team is available throughout the day for anything you might need.

Don’t take our word for it

We could talk all day about why we think you should switch to Rydoo, but why take our word for it? Hundreds of the world’s most forward-thinking businesses are already using us! Take for example Typeform, the company that’s designing the future of forms — being powered by Rydoo means that they can spend less time on their administration and more on creating an incredible tool. We love to see how our growing customer base is constantly pushing the envelope — not matter if it’s Deloitte, Jaguar, The Next Web or Shapeways.

Want to experience what you’ve been missing out on? It’s easy — just sign up for a free trial and take us for a spin.

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