Half of the office workers who use corporate cards are found to be uncomfortable managing and submitting receipts. Each corporate card user has to search for a receipt for expenses, and the department in charge of handling expenses has to check each of the receipts that are collected to see if they are in violation of the rules for the use of expenses. In particular, the lack of post-processing of corporate card use has reduced the efficiency of the work. It is not processed every day, but it is handled all at once so that the additional consumption of human resources, time, mental and economic resources of the verification of the use place of use is noticeable.
The results or performance of an entitys management activities shall be calculated and finalized in accordance with the accounting procedures to establish the resulting financial procedures, and what is required. To calculate this, the company has to make a decision in order to deal with the details that are generated in management activities, but there is a limit for the general public to do so, which is usually done through the tax office of the captain agency. At this time, management costs are incurred from the entitys position. On a startup basis, 100,000 won to 500,000 won worth of accounting expenses are required each month, and depending on business requirements such as monthly or daily accounts, the costs can be further increased, resulting in an economic burden.
As a representative or manager of a company, we would like to check the situation at the time of real-time transaction processing of transaction details that occur during operation, but in reality, the accuracy, speed, and physical possibilities of the transaction are broken. Because the agency must identify accounting data such as calculation of monthly settlement and integrated sales management of the company and take charge of the companys diagnosis, it is not allowed to reflect or calculate the carrying amount of transactions that occur in real time on the request companys lips. When receiving a report through the accounting department within the company, there are many difficulties as there can be insufficient trade volume due to lack of accounting expertise in documentation and bookkeeping, waste of time in handling duplicate work, or even tax refund.
The core of this app is to send real-time information to the users by transaction status of registered users (cash, card, account transfer) in real-time, and thus to resent them in real-time. It can be understood in real time whenever it wants to spend money up to now by immediately processing journalistic expenses for each expense, thus helping management activities by recognizing the flow of business activities. In addition, there is no need to hire additional workers for journalistic processing, so accounting/tax management companies can expect economic benefits that can reduce unnecessary labor costs.
This app is a good technology that can ease the burden on start-ups and small and medium-sized enterprises, including small business owners, who find it difficult to hire accounting/accounting staff. The convenience of collecting evidence also plays a part. Without proper evidence, the companys internal approval will not be granted and this will affect tax returns. With the latest technology development, companies sales slips are inputted into real-time data and sent to their accountants in charge, so there is no need to wait anxiously until companies submit audit data. In addition, accountants can easily identify high-risk areas by industry and check all exceptions, enabling full-time audits, real-time audits and automated audits. This means improved audit quality, audit timeliness and efficiency.