Blog

FINANCE GUIDE, SPEND MANAGEMENT

Does your startup need a CFO?

March 24, 2020

Startups today usually have a chief executive officer and (probably) a chief technology officer. But do they really need a chief financial officer?

SPEND MANAGEMENT, EXPENSE MANAGEMENT TOOLS

A crash course on expense reports (+ template)

March 18, 2020

As your workforce grows or your business needs become more sophisticated, your employees may have to use company money to pay for business expenses. It's important to make sure you're reporting them correctly.

SPEND MANAGEMENT

8 metrics every CFO should use to assess healthy company spending

March 10, 2020

Entrepreneurs have no trouble coming up with new products and business models. But when it comes to crunching the numbers and making sure the business isn’t spending more than it makes—well, that’s what CFOs are for.

FINANCE GUIDE

Essential terms every startup CFO should know

February 25, 2020

A chief financial officer is responsible for ensuring that their company is spending wisely and following best financial practices. A CFO’s finance know-how is especially valuable in a startup, where labour is stretched thin and employees are often asked to play multiple roles.

expense management tools

Corporate card comparison: DBS vs. Stripe vs. Spenmo

February 18, 2020

There are plenty of corporate card providers in Singapore, and naturally, you want to know which is the most affordable and most beneficial for your company. A great card program combined with a transparent expenditure management policy can reduce excessive costs and improve employee satisfaction.

expense management tools

What is a corporate credit card?

February 11, 2020

There are many ways to pay for company expenses, from your own cash or card to one provided by a company. A corporate credit card can be a great way for companies to mitigate excess spending and track possible fraud—when implemented correctly.

expense policy, spend management

What the millennial employee wants in an expense policy

February 04, 2020

Companies don’t need to go overboard with fancy expense policies that don’t actually serve their employees’ needs. Instead, they should pay attention to millennials’ spending activity and develop policies that will actually be used.

spend management

How much is your company wasting on unused SaaS tools?

January 28, 2020

Without careful spend management, staying in control of these cloud tools—financially and operationally—can be a major challenge.

Spend management

Hidden costs of manual expense management

January 21, 2020

Businesses often start out with pen-and-paper expense management, but in the long run, this may end up costing you significant time and money.

expense management tools

Spenmo vs SAP Concur vs Expensify: Which is best for your startup?

January 13, 2020

Expense management platforms come in all shapes and sizes. These tools and apps offer a wide range of features, from receipt scanning and recording and reimbursement management, to end-of-month expense totaling. But aside from pricing, how do they differ? And most importantly—which one is right for your startup?

spend management, budgeting

9 common types of company expenses to consider when budgeting

December 12, 2019

It can be tricky to develop accurate spending forecasts for the future. Stay on track by considering 9 of these common business expenses.

spend management

6 ways businesses in Singapore waste money

December 12, 2019

Your business may be losing money without even realizing it. Here are the top 6 ways companies in Singapore lose out on precious funds.

spending, report

State of company spending in Southeast Asia (2019)

November 19, 2019

Improved education, widening Internet access, increasingly affordable technology, and government support is resulting in the meteoric rise of “the Southeast Asian entrepreneur.” These entrepreneurs are starting businesses, getting funding, and spending big on scaling. Here are some of the biggest company spending trends across SEA.

spend management

What the WeWork saga can teach businesses about spend management

November 18, 2019

At the time of writing, WeWork is close to becoming a textbook case - in how not to handle company resources.

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