Travel & Expense Management
Ascent Travel & Expense Management solution is equipped to improve productivity and meet enterprise demands.
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Why Ascent HCM Travel & Expense Management Software for your HR Needs?
Real time Report Generation
ERP Integration with Multiple SSO Options
Single Version Across All Customers
Strong References from Customers
In-Built alerts and Email Notifications
Easy to Track & Integrate Travel Policy with Your Enterprise System
Are you spending all of your time dealing with endless expense claims, lengthy spreadsheets, and confusing numbers? Ascent travel & expense management, formerly known as Ascent is built based on real feedback from enterprise customers. It is equipped with thoughtfully designed features like OCR based data capture, real time dashboards, automatic error reconciliation, APIs for data integration with enterprise systems.This enables enterprises to judiciously track and manage travel expenses.
Our one click real time click reporting, multiple currency functionality makes Ascent Travel and Expense stand out. Mobile app makes it convenient saves time spent by staff while delivering a delightful user experience to both – the traveler and employer.
Scan And Upload Travel & Expense Receipts
Employees can scan images of expense receipts using mobile devices and transmit them for validation and linking to their expenses. This means they do not have to carry the receipts any more, reducing the risk of misplacement.
Optical Character Recognition (OCR) feature
Employees can scan images of expense receipts using mobile devices and transmit them for validation and linking to their expenses. This means they do not have to carry the receipts any more, reducing the risk of misplacement.
Automatic Credit Card Reconciliation with Spending Dashboard
Ascent Travel & Expense integrates with your corporate credit card provider and captures transaction feeds. It automatically reconciles corporate credit card transactions and expense receipts. This gives the finance team real-time visibility into business spending. Ascent sends automated custom reminders to the concerned employee for expense report submissions. It is also equipped to reverse transactions in case of exceptions.
Automatic Expense Report Creation
Integrated with the travel desk and performs three-way matching that validates the travel booking data with the billed data (Directly Paid by Company, Corporate Credit Card etc.) and the expense receipts, to automatically create an expense report.
The travel and expense system enables enterprises to implement their travel policies.The system is highly configurable and provides powerful and flexible business-definable workflow capabilities to implement best practices utilising existing corporate approval and management hierarchy.
Enterprise can create a multi-level approval process flow from pre-travel permission to trip booking to reimbursement for costs, and full connectivity with back-end ERP Systems like SAP and corporate cards. The solution allows users to deal in many currencies, track GST for India compliances, and make payments via their mobile devices.
Data Integration with ERP & Other Software via Compatible API
Leverage powerful API integration in Ascent Travel and Expense Management software for smooth data flow with your existing business accounting, ERP systems or HR software. In addition, the integration allows you to control and monitor a number of different corporate credit card programs and credit card providers in real time.
60 Days Customer
Satisfaction Guarantee
Customer service is our highest priority and we stand behind everything we sell. “Ascent offers an exclusive Satisfaction Guarantee for 60 days”. However, if for any reasons you are not satisfied with our products, simply return!
Real-Time Actionable Insights Using MIS Dashboard
Get real-time, informative insights into expense data using analytics or MIS dashboard. This helps you analyse the spend behavior of the organisation based on different employee and expense parameters. For a CFO, head of department or approver, the employee expense software provides customised dashboards providing relevant data. The ability to adapt to different currencies and tax requirements globally allows easy fraud detection. This also helps to enhance policy compliance with automated enforcement.
Multiple Currency Transactions to Avoid Hassles
Ascent travel and expense management solution can keep track of the system base currency in addition to the currencies used for traveler reimbursement and any other currency transactions. The system automatically converts foreign currency spend into both the client’s base currency and the submitter’s reimbursement currency. This function avoids the hassle of converting funds across currencies by automatically reimbursing travelers in their native currency. For the purpose of making timely payments, we upload the most recent worldwide exchange rate every month.
Seamless Mobile App Integration for Tracking Expense
Keeping track of travel and cost records is challenging when your employees are always on the go. There is a risk of misplacing or losing receipts, as well as unaccounted spending. The mobile app empowers users to completely enter and submit their expense reports from their mobile devices. With a unique OCR feature, Ascent Travel and expense management enables travellers to capture travel receipts with their mobile camera.
End-To-End Travel & Expense Report Automation
It is an easy-to-use solution that minimises the time and effort spent by the traveller in administrative activities. A business traveller can now book travel, create pre-travel authorisation requests, and enter and submit expense reports for approval and payment processing in one integrated system, even from his mobile device.
Online Expense Entry and Reporting
- It provides an easy-to use expense report creation and submission.
- In most cases credit card data are automatically matched and entered to the expense report.
- The system allows entry of additional specific supporting details, cost-code allocation.
- Integrated with SAP finance module for posting JV, mileage reimbursement is also automatically computed.
In built alerts and email notification
Travel & Expense management system helps to keep top-tier management updated about the travel plans of employees.
- The system automatically sends alerts and notifications to the concerned personnel, updating about the trip’s developments.
- The email alerts help employees and travel desk to make sure the travel facilities are well-arranged
Travel & Expense Approval
The solution helps you manage and gain complete visibility on your travel related spending.
- The travel authorisation totally automates the management and approval for cost of travel, to help you control spend before it occurs.
- Captures the travel booking data on flight, hotel, car, rail, etc., from the integration with travel desk associates.
- Empowers the user to add other related general expenses such as food, entertainment, clubs etc., to capture total trip cost.