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Fleet Fuel

How to Choose the Best Fleet Fuel Card

Whether you’re a small business shipper or a million-dollar trucking company, choosing the right fleet fuel card program is vital to ensure your ...

Budgeting

3 Essential Budget Management Skills For Managers Trying to Get More Budget

You can't hit goals without enough budget. But they don't teach you how to go get it. Learn the 3 core skills you need to make a case for more budget.

Budgeting

The Most Important Budget Management Skill Every New Manager Should Learn

How do you ask for budget? They don't teach that in school or new-manager training. But it's one of the most important budget management skills you ...

How to Create an Expense Report in 6 Steps

Business owners relying on manual processes use expense reports to track and reimburse business spending. This article breaks down the steps of ...

Car Allowance

A Complete Guide on Company Car Allowances

A car allowance is a fixed amount of money companies pay employees to compensate them for using their personal vehicles for work purposes. Because ...

Corporate Cards

How to Implement a Company Card Program

Startups have three options when it comes to implementing a company card program: charge cards, small business credit cards, and corporate credit ...

Division managers allocating costs to each other

Budgeting

The Best Cost Allocation Methods—with Examples

When providing a product or service, you incur necessary costs that are not directly related to your offering. Cost allocation addresses this issue ...

Lola.com

What Does Lola.com's Development Tech Stack Look Like?

How does Lola.com build the best corporate travel management software on the planet? It all starts with our stack.

Strategic Finance

Does your company need a financial controller?

Financial controllers take charge of your company’s books and ensure the accuracy of all financial reports. However, the role of financial ...

Expenses

Why You Need a Cell Phone Reimbursement Policy + Template

Your company needs a cell phone reimbursement policy to compensate for work-related personal cell phone costs in order to stay competitive and avoid ...

Strategic Finance

The 8 Best Banks for Startups

Searching for a bank as a startup is hard. You might be met with a lack of interest from bankers if you’re not viewed as profitable enough yet, have ...

Expenses

How to Do an Expense Report Audit

Expense report audits work by matching receipts to transactions to look for red flags and patterns to uncover fraud, costly mistakes, and ...

Guide to Corporate Credit Card Reconciliation

Credit card reconciliation is a critical business practice that allows you to evaluate spend, address any fraudulent behavior, and flag any potential ...

Strategic Finance

22 Quotes on Finance Management

A collection of finance management quotes from some of the greatest minds in business —whether you need inspiration to manage the budgeting process ...

Budgeting

An Intro to Startup Financial Projections

Startup financial projections provide new businesses with a roadmap to understand financial health and organizational needs. By using appropriate ...

Budgeting

Modern Budgeting Methods To Replace Your Outdated Process

If you’re still using spreadsheets to build and manage your budgets, you’re probably slowing your company down, making it vulnerable to data ...

Strategic Finance

Should You Hire a Part-Time CFO?

You should hire a part-time CFO if you need someone to provide strategic financial services but don’t need enough help to warrant bringing on a ...

Budgeting

How to Give Your Rolling Forecast Teeth

It takes too long to react to a missed forecast because you spend too much time processing data, are pressed for time, and manage plans ...

Budgeting

The Definitive Guide to Choosing a Business Budgeting Software

The right business budgeting software can help you plan expenses down to the dollar, increase cash runway, and spend more efficiently. Here are the ...

Budgeting

How to Manage Your Internal Budgetary Controls

Managing internal budgetary controls involves comparing the budget plan to actual results, to measure growth and reveal potential issues. With a ...

Corporate Travel Management

Best Nextravel Alternatives

See why Lola.com is rated a 5 out of 5 stars on Capterra, while NexTravel is rated only 3.5. Stop wasting time and start saving time on managing your ...

Corporate Travel Management

Best Travelperk Alternatives

See why Lola.com is ranked #1 for Travel Management Software on Capterra, while TravelPerk is rated #21. Stop wasting time and start saving time on ...

Corporate Travel Management

Best Travelbank Alternatives

See why Lola.com is ranked #1 for Travel Management Software on Capterra, while TravelBank is rated #16. Stop wasting time and start saving time on ...

Corporate Travel Management

Best Egencia Alternatives

See why Lola.com is rated a 5 out of 5 stars on Capterra, while Egencia is rated only 3.7. Stop wasting time and start saving time on managing your ...

Business Travel

Setting a Dynamic Corporate Hotel Pricing Policy

Corporate travel policies are put into place to help guide employees with decisions when booking business hotels and flights for business trips. ...

Corporate Cards

Virtual Corporate Cards: Why Your Business Needs Them

Virtual cards empower your team to spend their budget, while keeping you in control. You can use virtual cards to manage subscriptions, perks, and ...

Accounts payable internal control best practices that employees won't hate

Internal controls can save your business from losing money through the accounts payable process. Implementation of best practice controls around your ...

Accounts Payable process improvement Lola.com

AP Automation

Improving your Accounts Payable Process

The accounts payable process is critical in managing a company’s payment obligations to debtors. Improve your AP process by creating standard ...

Spend Management

TripActions Review & Alternatives

TripActions offers a robust travel management platform with agency-like support and has recently expanded into spend management via TripActions ...

Business Credit Cards

The Ultimate Guide to the Best Startup Credit Cards

A guide on the best startup credit cards: with no personal guarantee, for cashback rewards, average credit scores, travel rewards, no annual fees; ...

Budgeting

How to Create and Manage a Startup Budget

Startup budgets are essential to understand your cash runway. Consider your one-off startup costs, fixed and variable costs, and estimated revenue, ...

Budgeting

How Startups Create a Sales Budget

A startup sales budget provides goals for sales teams and an achievable roadmap for the business. Successful startups use a blend of market research, ...

Budgeting

Budget Forecasting: What does it really mean?

Budgeting is a statement of expected financial outcomes over a given period while forecasts project performance based on historical data and current ...

Corporate Travel Agent

Your Guide to Working with Incentive Travel Companies

Incentive travel programs reward a company’s top-performing employees with an expenses-paid trip loaded with exclusive experiences. Companies can ...

Lola.com incentive travel winners celebrating

Corporate Travel Agent

How to Develop an Incentive Travel Program

Incentive travel programs reward top-performing employees for their hard work with an expenses-paid trip. Your company can develop one of these ...

Spend Management

Airbase Review and Alternatives

Airbase offers a solid spend management solution with controls to pre-approve every transaction, real-time visibility of transactions, spend ...

Spend Management

Teampay Review & Alternatives

Teampay tackles spend management by restricting the expense approval process. The problem is, their solution increases admin on your finance team to ...

Corporate Cards

The Pros and Cons of Corporate Purchasing Cards (P-Cards)

Seven in 10 U.S. companies use corporate purchasing cards (p-cards) to pay for goods and services. While p-cards are an efficient alternative to the ...

Spend Management

Concur Alternatives & Review

Discover where SAP Concur excels and what features it lacks to decide if it’s the ideal spend management tool for your company’s needs.

AP Automation

Accounts Payable Metrics that Matter

Measuring and tracking accounts payable efficiency is critical to maintaining healthy working capital and cash flows. Move away from tedious manual ...

Corporate Cards

The Pros and Cons of Corporate Prepaid Cards

Corporate prepaid cards are a pre-funded payment solution with a built-in spending limit. But when it comes to keeping you on budget, your ...

Spend Management

Divvy Alternatives & Review

Divvy offers useful spend management tools paired with a business credit card to automate the expense reporting process. Lola.com is an alternative ...

Business Credit Cards

Capital One Business Credit Card Review & Alternatives

Capital One Spark business credit cards come with perks like cash back or mileage rewards. That’s not enough of an advantage when software-enabled ...

Spend Management

Spendesk Review & Alternatives

Spendesk is a decent tool if you’re looking for a basic spend management option without travel management, integrations with your accounts stack, or ...

Spend Management

Expensify Review & Alternatives

Expensify digitizes expense reports, reduces admin, and improves workflows. However, the cost of the app doubles if you don’t use the bundled ...

Business Credit Cards

SunTrust Business Credit Card Review & Alternatives

SunTrust's business credit card offers basic functions but falls short of meeting your company's spend management needs. We provide a framework for ...

Corporate Cards

Should you be using Emburse for your spend management?

Emburse's spent management offering is downright confusing. We explain what they offer and provide the framework to decide whether Emburse is the ...

Corporate Cards

Ramp Corporate Card Review & Alternatives

Find out where Ramp excels, what it’s missing, and if it’s truly the best spend management tool for you.

Expenses

How to Control Your Spend Without Expense Reports

Expense reports are expensive and ineffective. They demand manual effort, and don’t offer real control of your spend. The Lola.com spend management ...

Business Credit Cards

What alternatives exist for Bank of America's business credit cards?

Bank of America offers four rewards-focused business credit cards. But how well do they meet your company's spend management requirements?

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