Q&A
Q&A
@ExpenseOnDemand
with Sunil Nigam (CEO) of ExpenseOnDemand The ExpenseOnDemand app offers global businesses a simple solution for automating their employee expenses thus, helping them create a paperless & contactless environment to work in. Q) Why did you choose to offer a pay on demand service?
demand. Would I recommend it to SMBs – Yes.” Jon Butterworth – Healthier Weight
A) Having worked for numerous businesses prior to launching ExpenseOnDemand, I was acutely aware that companies often get stuck in long term inflexible contracts with multiple suppliers. And often not utilising the services or being able to scale up (or down) as their demands changed and inevitably wasting money. To address this, we wanted to offer a solution that allowed businesses to take control and be able to change or cancel their contracts on a monthly basis.
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Q) Why are Pay On Demand solutions so important now? A) The pandemic has seen a huge increase in the demand for its ‘Pay as You Use’ model as businesses leaders and finance directors are sourcing solutions that allow their businesses to automate the process, whilst being able to adapt to the ‘new normal’ and ever changing COVID-19 business landscape.
This was perceived as a risky solution as we weren’t ‘trapping’ our clients in long-term contracts, but this simply hasn’t been the case. The flexible solution proved very popular and business quickly realised they could not only save money but could simply amend their requirements as they used the service.
As businesses look to the postvaccine future and the potential return to offices, a recent survey by ExpenseOnDemand highlighted that nearly 30% of financial experts will be focussing on automation this year. They will be actively sourcing solutions that offer cutting-edge technology and flexible ‘pay as you use’ subscription models, so that they can keep the costs down when the service requirements reduce.
“Pricing is great, as we only pay for what we use – nothing more, which helps us plan the cost for the service. I have an option to trial any new function and turn it off all on
As automation increases, businesses also need to know that their data is safe and secure, and this is something we offer at ExpenseOnDemand. The
Sunil Nigam, CEO & CoFounder, ExpenseOnDemand We launched ExpenseOnDemand in 2003 with a vision to enable companies & their employees globally to focus on their core job by offering a smart, simple & intuitive expense management solution. We continually update our technology to make our solutions current and affordable to everyone. When not at work, you will catch me mentoring young entrepreneurs, debating Indian history & global economics, reading a book, or cooking a meal for the family.
information being uploaded to our servers from employees and businesses is stored in a secure cloud solution. “ExpenseOnDemand has been supportive, responding to business change and acquisition requirements throughout this timeframe. They have also imparted knowledge of how the system can work most effectively for us.” Joanna Benjamin - Eurofins
Q) How has the pandemic impacted your business? A) Since the outbreak, businesses have had to adapt quickly to survive, manage their dayto-day processes and ensure their staff can work seamlessly whilst working remotely. This adaption has been made possible by sourcing tech solutions to automate and digitise parts of their business which had not been updated for years. The pandemic has also caused a huge increase in demand for the ‘Pay as You Use’ model as business leaders and finance directors are sourcing solutions that allow their businesses to automate processes whilst being
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