SutiSoft, a leading provider of integrated business management solutions has recently signed a sponsorship agreement with PayStream Advisors for the 2014 Travel and Expense Management (TEM) report.
Founded in 2006 by N. D. Reddy, SutiSoft has grown to over 150 employees serving clients worldwide with offices in Los Altos, California and Hyderabad, India. SutiSoft offers a full suite of software as a service (SaaS) solutions including not only Travel and Expense software but also a wide array of Finance and Accounting, Sales, Human Resources, and Biometric Security solutions as well. This will be the first time SutiSoft and PayStream Advisors have worked together on a research report. PayStream is very excited to have SutiSoft on board with this project and to see what the future holds for this partnership.
In a recent post on SutiSoft’s blog, several topics were discussed that were imperative to consider in choosing an expense report software. PayStream has been conducting research in Travel and Expense reporting trends and solution providers for 7 years now, and we largely agree with the topics SutiSoft suggests. First, they discuss implementation costs and processes. The amount of time and money it takes to implement an expense reporting software can be a differentiating factor among solution providers. Another question to ask is how easy it will be to integrate with a company’s existing ERP or accounting system.
Today’s TEM solutions are predominantly cloud-based solutions offered at varying prices or subscription levels based on users, usage, and storage. A deciding factor in the decision process could be determined by the size of your company and how you’re projected to grow in the coming months or years. Current expansion plans could lead to extensive costs down the road if a TEM solution provider can’t handle the level of data or users a company will grow into.
As today’s TEM software market becomes increasingly crowded, it becomes increasingly difficult to differentiate between competing providers. Knowing what questions to ask is essential to choosing the solution that makes the most sense for your business needs, today, tomorrow, and the years to come. For an in-depth guide to the leading providers available to you, be sure to read this year’s PayStream Advisors Travel and Expense Management Report, schedule to hit the presses the first week in March, 2014.
If you are a Travel and Expense Management solution provider and want to discuss sponsorship opportunities in this year’s report, contact at (704) 405-5983.
