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How to Control Costs

Reducing costs and increasing efficiency is an urgent need for every enterprise, and many enterprises hope to realize one-stop control of costs by using modern technology tools and comprehensive solutions to grasp comprehensive and real enterprise consumption data and behavioral process data in a timely manner, and use digital guidance to analyze and make decisions. The company is also looking for a digital solution to replace empiricism with digital operation, and to realize cost reduction and efficiency enhancement through digital construction and core competitiveness.

Enterprise consumption and expense control mode has experienced from 1.0 manual reimbursement to 2.0 online reimbursement, and then to 3.0 mobile reimbursement process, although the technology is constantly upgraded and iterative, but has not been included in the consumption end of the fee control system, not formed a complete link and management closed loop, can not fundamentally solve the enterprise expense control problems.

Shengyi expense control cloud is a one-stop expense control platform launched by Wuhan Shengyi Technology Development Co. [The company's main goal is to provide a one-stop expense control platform for enterprises.] Sheng Yi expense control cloud around the enterprise for public consumption of various types of expense budget, application, consumption, control, reimbursement, settlement, analysis and other scenarios. Through the aggregation of many suppliers, the establishment of a price comparison platform, the connection with the invoice platform, and the docking with the internal system of the enterprise, the expense control platform realizes the closed-loop management and control of the expense of budgeting beforehand, controlling in the middle of the process, and analyzing afterward. The platform empowers enterprise management in depth, not only can effectively alleviate the long reimbursement process, low efficiency of accounting processing, cost budget overruns and other pain points, but also accelerate the digital transformation of the enterprise, through digital intelligent means to help the enterprise on the cost of budget compliance control, all-round help enterprises to reduce costs and increase efficiency. [The company's newest product is a new product that will be used in the next few years.]

What's so great about being favored by large and medium-sized companies?

Different from a simple reimbursement system, the establishment of a complete set of internal control system covering the control system, audit points, compliance requirements, management ideas and many other elements of the enterprise, will be embedded in the cost control platform, and combined with the cost control to do the depth of the integration of consumption scenarios, will be outside the cost of the enterprise in the past outside the cost of the system to incorporate the consumption of scenarios to build a multi-supplier aggregation of open sourcing platforms to realize the cost of a multi-supply price comparison, from a single product to a multi-supply price comparison, from a single product to a multi-supply price comparison. A product multi-supply price comparison, from the source of consumption to control the occurrence of costs, and ultimately the formation of before, during and after the whole process of fee control closed-loop management, all-round process to help enterprises reduce costs and increase efficiency.

Consumption of the whole scene layout

Covering the whole scene of consumption, the integration of thousands of suppliers and service providers

Fee-control cloud platform is a comprehensive supply chain management platform, rather than a single product booking system, the enterprise can be based on their own needs, independent of the expansion of the consumption scene, the introduction of a variety of high-quality suppliers, without the limitations of the platform, the enterprise No longer subject to a single monopoly channel bundles and shackles, fee-controlled cloud breaks the supplier that is the tradition of service providers, the creative introduction of the "supply and service separation" new concept, truly achieve the enterprise on-demand payment, mastery of management autonomy.

We have established a direct system connection with more than 1,200 product suppliers and more than 1,000 TMC service providers, covering the full range of corporate consumption scenarios such as travel, meetings, welfare, office, labor insurance, procurement, recuperation, vacations, reunions, red tourism, etc., and aggregating resources from headline channels of the industry such as air tickets, hotels, train tickets, vehicles, catering, etc., which provides the basis and benchmarking for the realization of one-stop consumption and price comparison of a single product and a number of supplies for enterprises. It provides the basis and benchmarking for enterprises to realize one-stop consumption and price comparison of multiple products. With rich consumption ecology, unified procurement platform and diversified entrances, it allows employees to complete all kinds of official consumption activities in one-stop. Fee Control Cloud combines enterprise expense control with standardized and scenario-based product output, releasing the value of resources in the second depth, thus realizing the improvement of employee experience and real scale of cost reduction.

One-stop expense control

One-stop consumption and reimbursement, accelerated digital empowerment

Under the traditional expense control model, employees' consumption on official business is often streamed to the platforms of various vendors, only to "compare" and select the products that best meet their needs. Sometimes they have to advance funds, collect and paste a lot of invoices afterwards, switch to different systems for reimbursement, and spend more time and energy to deal with overruns or other problems, resulting in low efficiency and poor employee experience.

Subverting the tradition, it integrates the whole process of budgeting, application, approval, booking, service, reimbursement, data analysis, etc., and widely applies AI, RPA and other advanced technologies to truly realize one-stop intelligent expense management and control. From pre-budget control, efficient processing to post analysis and decision making, standardization, normalization, automation, intelligence, compliance throughout, deep integration of enterprise office management system, one-stop procurement and reimbursement of employees, financial intelligent auditing and bookkeeping, and efficient and compliant enterprise coordination, effectively help enterprises to solve the problems of long reimbursement process, inefficient accounting processing, low employee satisfaction, difficult to explore the value of the data, overspending on the expense budget, and difficult to control compliance. and compliance difficult to control and so on, for the staff to save heart, for the financial empowerment, for the enterprise to improve efficiency, so that the fee control really return to the original heart of enterprise management.

Management Efficiency Enhancement

Enterprise management, employee experience enhancement

Provide real-time visualization of data reports and multi-dimensional analysis, to help enterprises to view real-time budget implementation and a variety of consumer data, the formation of the enterprise's own database, the enterprise can be a full grasp of financial data to make scientific decisions on costs and benefits. The company can make scientific decisions on costs and benefits with a full grasp of financial data.

The platform is based on compliance control, from cost application, use to reimbursement, the whole process of sunshine and transparency, in line with national laws and regulations, procurement costs and behaviors are clear, clear, true landing enterprise management system.

In terms of deployment, it can be deployed in SaaS or locally, providing a flexible cooperation solution for enterprises that value cost and security. Deploying a variety of security products with international standards to realize the security of data transmission and storage, to strongly protect the enterprise and employee data security.

People-oriented concepts are y rooted in all aspects of the use of both PC, APP, WeChat H5, employees can be convenient to use anytime, anywhere; rich product resources, simple system operation, smooth reimbursement process, employees travel without advances, reimbursement without sticker, savings to their own, welfare benefits to their families, and other humanized design greatly enhance the employee experience, driving the employees willing to actively use the platform, prompting all employees to actively participate in the platform, and to promote the use of the platform. The user-friendly design greatly enhances the employee experience and drives the employees to use the platform actively, prompting the whole staff to actively participate in the enterprise fee control process, thus realizing the ultimate purpose of the enterprise fee control.

Cost Reduction at the Source

Same Screen Aggregation Comparison, Scientific Control and Cost Reduction

There are many companies that choose to sign a direct cooperation agreement with their suppliers and service providers in order to save costs, but due to the complexity and diversity of the needs and rules set by each department, it is very difficult to form a highly effective unification of demand and supply; the coverage of suppliers and service providers is also limited by the fact that they can only provide the best services to the public. The coverage of suppliers and service providers may not be able to cover the business needs of the enterprise, and the dispersion of supplier resources has caused unnecessary waste of manpower and material costs for the enterprise.

To this end, in addition to providing a full range of products, open supply chain, we pioneered the same screen aggregation price comparison procurement mode, support the same dimension and the same conditions of the industry's smallest granularity of the price comparison, without the need for multiple platforms to quickly find the cheapest, most reasonable products, benign price competition to push the suppliers to continue to take the initiative to optimize the product structure and price, goodbye to the single-price bundles and big data to kill the familiar The company's newest product is a new product, a new product, a new product, a new product, a new product, a new product, a new product, a new product, a new product, a new product, a new product, a new product, a new product...".

The saving of explicit cost is one aspect, but more importantly, it helps enterprises establish a set of scientific and effective expense management and control system, which significantly improves the operational efficiency of enterprises and reduces the investment of hidden cost such as manpower and time.

Expense management is not simply reimbursement of expenses, but more importantly, budget management and control of corporate expenses. Unified management of financial budgets and business budgets, the introduction of comprehensive budget management beforehand control, during the control and after the analysis function. Through the analysis of business and financial data, you can clearly grasp the company's operation, identify problems and avoid risks in a timely manner, and effectively improve the company's expense management level. Provide standard expense templates and establish a budget system. The expense control platform should start from the business scenario and build a budget management system from multiple dimensions such as business, finance and budget. Combine the expense budget with expense control, so that the application, approval and reimbursement of expense expenses have corresponding approval bases, in order to realize comprehensive budget management. Including ex ante control, control and ex post analysis, through the establishment of the financial budget system, the content, standards and requirements of the enterprise's expenses are standardized, and the standardized content is incorporated into the budget, so as to realize the effective control of budget management on the expense expenditure.

Based on the idea of cost control, it carries out whole-process control of enterprise expenses in three dimensions: before, during and after.

With the core concept of "enterprise expense control", we have constructed an enterprise expense control system integrating "expense control + reimbursement + tax + report". Through the "Expense Control Cloud", it realizes the connection of multiple business scenarios, such as comprehensive budget management, procurement management, reimbursement management, tax management, report analysis, etc. It provides standard expense templates, which can be customized according to the enterprise's needs. It provides standardized expense templates, so that you can select suitable expense items and set corresponding expense budgets and reimbursement limits according to the actual situation of your enterprise. Through the reimbursement standard and process, it controls the daily expenses of the enterprise.

Reference:

Baidu Encyclopedia Shengyi Expense Control Cloud