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Description
Skovik offers a comprehensive global expense management solution that streamlines the often tedious expense reporting processes for medium-sized businesses and larger enterprises, promoting compliance while enabling both employees and finance teams to devote more time to critical tasks. Employees can efficiently complete their expense reports in just three minutes on average, which allows them to redirect their focus to more significant responsibilities. The system facilitates submitting expenses from any location; users can easily take a photo of their receipts or forward them via email, and the AI-driven technology efficiently extracts all necessary data. Skovik also accurately calculates reimbursable amounts for various travel scenarios, whether they involve single or multiple destinations, while ensuring adherence to the latest rules and regulations. Users can conveniently compute mileage expenses by simply entering their starting point and destinations, whether for one-way trips or more complex multi-leg journeys. The platform stays updated with current rules and regulations, and it allows for the seamless retrieval of corporate card transactions and invoices from any financial institution through its open API. Additionally, Skovik helps users manage their spending effectively by matching card transactions with receipts, ensuring a comprehensive overview of all expenses. This level of automation not only enhances accuracy but also significantly reduces manual workload, ultimately benefiting the overall financial health of the organization.
Description
Trust accounting refers to a specialized bookkeeping practice that focuses solely on transactions related to trusts. This involves a trustee meticulously documenting the incoming and outgoing funds belonging to others within dedicated trust ledger accounts that are organized for each individual from whom the money was received or on whose behalf it is managed. Many nations enforce stringent regulations governing trust accounting, necessitating the involvement of independent auditors to ensure compliance with these rules. Since government regulations can be subject to change at any moment, failing to maintain your software in alignment with local laws could jeopardize your business operations. Additionally, it is crucial for the software to be user-friendly; if the interface is not straightforward and easy to navigate, it may take considerable time to become proficient. In Trustpak, we prioritize clarity by ensuring that all necessary information for each task is readily available on the main screen, allowing users to operate efficiently. This design choice not only saves time but also enhances overall productivity for those managing trust accounts.
API Access
Has API
API Access
Has API
Integrations
Active Directory
BambooHR
Cegid Talentsoft
Crona Lön
Deel
Eurocard
Google Workspace
Heartpace
HiBob
IFS Cloud
Integrations
Active Directory
BambooHR
Cegid Talentsoft
Crona Lön
Deel
Eurocard
Google Workspace
Heartpace
HiBob
IFS Cloud
Pricing Details
Free
Free Trial
Free Version
Pricing Details
$53 per month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Skovik
Country
United States
Website
skovik.com
Vendor Details
Company Name
InfoBiz Solutions
Founded
2002
Country
Australia
Website
www.infobizsolutions.com
Product Features
Expense Report
Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management
Mileage Tracking
Business / Personal Travel
Cost Analysis
Employee Reimbursement
Expense Reports
GPS Tracking
Manager Workflow
Mileage Logging
Reporting
Product Features
Trust Accounting
Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management