MWEB Business, the division of MWEB that focuses on the specialised Internet needs of business, has launched a hosted spend management solution in partnership with the Fraxion Software Corporation.
MWEB Business Online Spend Management, powered by Fraxion, is a solution that enables businesses to manage, control and analyse expenditure and cash outflows in real-time.
"Having a firm grip on the money that leaves your business is an important aspect of financial discipline. This solution is an effective mechanism that controls costs, gives you greater visibility and allows you to increase your business` bottom line," says Gary Hart, General Manager: marketing and products at MWEB Business.
MWEB Business Online Spend Management is provided as a hosted solution, which negates the need for customers to install the system on their own networks and assume responsibility for the administration and maintenance thereof. Hosted by MWEB Business, the required support, upgrades, security features and maintenance is provided for.
"MWEB Business` latest hosted offering provides the smaller business with a Web-based solution that automates spend management, thereby minimising the time, effort and resources spent on processing routine requests," adds Hart.
Online Spend Management comprises a suite of four modules and utilises a single interface to create requisitions, regardless of a company`s back-office system:
* Purchase requests: Enables companies to take control of and manage costs relating to various spend categories.
* Leave requests: This category accommodates, manages and reports on the various categories of leave (sick, annual and compassionate leave)
* Travel requests: Enables employees to request a business trip by providing a proposed travel itinerary that accommodates and reports on the various categories of travel, eg, flights, accommodation and car hire.
* Expense reports: The employee reimbursement module enables companies to manage and report on the various categories of expenses, eg, client entertainment and mileage.
Online Spend Management has been designed to integrate with existing accounting platforms.
Users will incur a once-off set-up fee of R200 and a monthly fee ranging from R60 to as low as R20 per user, depending on the number of users. All prices quoted exclude VAT. For further information, visit www.mwebbusiness.co.za or contact 0860 100 127.
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Founded in January 1998 as the business division of MWEB, MWEB Business provides comprehensive solutions in areas of Internet services, application services, content services, Web development, e-commerce, e-procurement and consultancy to businesses.
We are dedicated to helping our business clients leverage the power of the Internet by providing a comprehensive solution for all their Internet needs along with the expertise and skills to successfully implement their ventures online.
MWEB Business has e-commerce enabled more than 220 businesses and provided Internet services to more than 75 000 business clients, including Pick `n Pay, Makro, Netflorist, Incredible Connection, The Pro Shop and many more.
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