Kivu Expense

Companies Waste Thousands of Hours Annually Doing Manual Expense Reports

Completing manual expense reports is a labor-intensive and costly process. According to 3,000 Hours Wasted On Expense Reporting by PYMNT, 20% of manually-completed expense reports contain errors. Correcting and perfecting expense report errors cost companies an average of 500 thousand dollars annually. The error rates in Travel and Expense (T&E) are so high because most
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The Cost of Doing Business in Excel

Businesses spend large amounts of time and money ensuring that their excel spreadsheets do not contain errors. However, it is not enough. Studies find that over 1% of formula cells contain errors. These small mistakes cost companies billions of dollars every year. As versatile as Excel sheets are for running businesses, they become too complex
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