“Make sure you pay your taxes; otherwise you can get in a lot of trouble.” –Richard M. Nixon Despite the fact we know it happens every year, preparation for Tax Day continues to be an onerous and tedious task for many business owners. The frantic gathering of receipts and other paperwork, wracking your memory to …
Find Out How Tax Time Can be Less Stressful for Your Business Read More »
As the year winds down, CFOs often take time to conduct an assessment of their business, its performance the previous year, and what their goals are for the new year. As CFO, you’ll likely review your marketing and operations departments to see how they’re performing and their levels of efficiency; however, one area that is …
As a small business owner, you constantly have to keep a pulse on “the numbers.” You know exactly how much you pay your employees, you know how much vacation time they have, and you know how many hours they work. But did you realize that most small businesses have a wealth of information in their …
Easily Identify Fraudulent Transactions With Expense Management Software Read More »
As a small business owner, you constantly have to keep a pulse on “the numbers.” You know exactly how much you pay your employees, you know exactly how much vacation time they have, and you know exactly how many hours they work. But did you realize that most small businesses have a wealth of information …
Here’s What Data You’re Missing in Your Invoices and Expenses – And How to Find It Read More »
Written by Hitesh Chitalia, VP of Technology Introduction If you are working in product development, you are familiar with the internal tug-of-war to get products and features into the hands of your customers. At Itemize, we have worked hard to alleviate those challenges by streamlining our internal processes and enhancing communication between our technology, product, …
Building the Business – IT Relationship at Itemize Read More »
Written by Ryan Courtade, Director of Product and Marketing Managing expenses and payables is a colossal drain of time, energy, and focus. Ten years ago, I was the manager of a small company with 50 employees. I remember spending half a day each month going through the monthly credit card statement, collecting the physical receipts …
The 25th of May, 2018, was a red letter day— it was the day the General Data Protection Regulation (GDPR) officially became a law. At Itemize, we have always taken seriously the spirit of GDPR— and the protection of every person’s data. Here is a summary of the steps we’ve taken to ensure we comply …
Sitting on the floor surrounded by hundreds of paper receipts and invoices, Jim was not thrilled by the task ahead: preparing tax filings for his husband’s architecture firm, Kevin O’Sullivan + Associates. He needed to enter all of the documents and then categorize, attach them to billable clients, and create a Schedule C report for …
Written by Hitesh Chitalia, VP of Technology at Itemize The Itemize API solves a well known issue in expense management: the manual entry of financial values and dates for receipts and folios. We have all been there – the end of the month and you need to submit your expenses. Did you keep that receipt …
Despite the exponential growth of automation, organizations the world over still rely on manual data entry for procurement. Employees are transferring data from purchase and requisition orders, invoices, and receipts into ERP systems such as SAP, NetSuite, and more. And while the financial implications of error could be disastrous for the bottom line, businesses rarely …
Simple Mistakes Can Cost Big Money; Is Your Business at Risk? Read More »
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