Your one-stop shop for everything Alaan and Spend Management related
Achieving ISO 27001 certification entails a rigorous audit process and the audit of Alaan’s systems and processes found no exceptions to the ISO/IEC 27001 industry standards as defined by the ISO.
Every year, companies around the world spend an average of 1.8 million AED (0.5m USD) and nearly 3,000 hours fixing errors in expense reports. Imagine the horror that finance and accounting teams have to incur, day in and day out. Read this blog to explore whether this problem can be solved not.
Setting clear financial goals, gathering data to make informed decisions, and prioritizing your spending are just a few things you'll learn in this blog. But it's packed with much more. Whether you're an experienced finance leader or new to the field, this guide provides fundamental budgeting strategies for everyone.
Ever wondered what's driving the surge in card payments across the UAE? The numbers don't lie - they're set to reach a staggering 345.2 billion AED by 2025, but that's not all; the real game-changer is the rapid rise of virtual cards, expected to hit a whopping 220 billion AED by 2030. Read this blog to take a closer look at how virtual cards are changing the world of B2B payments.
Here's the thing: choosing the right software as a CFO isn't as simple as picking your favorite app. It's a big decision that can have a big impact. In this article, we'll break down the process of picking the right accounting software into easy steps.
If you're a marketer looking to manage your budget with ease and avoid those end-of-the-month invoice hassles, this blog is for you. Read up to find out how corporate cards can really make your life easier.
Have you ever wondered why your finance managers and accountants keep reminding you to keep your receipts and invoices? It's because these little pieces of paper can make a big difference for your business, and neglecting to collect and document these records can have significant repercussions. Let's get into it.
Petty cash management might not be the most exciting part of running a business, but it's a crucial one. However, the traditional manual ways of handling petty cash just aren't cutting it anymore. Explore our blog to see why it's high time your company considers modernizing its petty cash management practices and embracing automated solutions.
You might think spend management is only for businesses keeping tabs on their expenses. But, here's the plot twist: it's becoming a game-changer for accounting firms, especially when they're handling Value Added Tax (VAT) and Corporate Tax. So, why should your accounting firm hop on the spend management bandwagon? Read our blog to find out.
Have you ever noticed that many people tend to mix up receipts and invoices, even though they play distinct roles in accounting? It's a common source of confusion. In this blog, we'll clarify the differences between invoices and receipts, discussing why these distinctions are essential for your business's financial well-being.
Business expense categories are essential for organizing finances effectively. They group similar expenses, making it easy to see where your money goes, aiding budgeting, tax prep, and financial reporting. Let's explore them in depth in this blog.
Finance automation has evolved from a mere buzzword to an essential change that every organization should adopt. This shift toward automation enables businesses to focus on more important tasks and make data-backed decisions. Read our blog to know more.
Having real-time visibility into your company's spending is absolutely crucial today. Traditional financial methods that rely on past data can't keep up with today's fast-paced business environment. Our latest blog touches upon how real-time spend visibility isn't just good; it's a must-have.
The "One-Click Accounting Export" is a time-saving feature for accounting and finance professionals. Read our blog to understand the feature in depth and how it can help your organisation.
At times, you might have to scan documents with handwritten notes or pages from a printed book. Optical Character Recognition (OCR) can be really helpful for this. In this blog, we'll explain how this technology works and why it's so useful.
It's 2023 and we're faced with a big question: Is carbon tracking in finance a good thing or just a hassle? Let's break it down, so we can figure out why it matters and how it can change the way finance contributes to sustainability.
Did you know that according to McKinsey, AI has the potential to contribute up to $1 trillion annually to global banking? Curious about how it's making this impact? Dive into our latest blog to uncover how AI's journey in finance is reshaping the financial landscape!
We are excited to partner up with the Entrepreneurial Nation program to provide the members of the initiative our cutting-edge Spend Management solution!
Curious about how to effectively tackle financial waste and improve cost control in organizations with practical strategies? Read our latest publication to know more!
In our latest blog, we listed out what you can do to create the best possible financial control system - helping you manage risks, ensure compliance, and drive better financial decision-making.
Handling the finances of multiple entities together is a pain, check out how a spend management system can help change that!
Did you know, Alaan can read VAT automatically from receipts and invoices and sync it with accounting tools? Find out more in this blog!
Alaan's research boiled down to 6 winning factors which successful businesses in the Middle East share. We dive deeper into them through this blog.
Alaan is officially the first Middle Eastern FinTech to integrate OpenAI - check out what this means for users of the platform!
There’s no doubt about it—2023 is shaping up to be a big year for Fintech in the UAE. In this blog post, take a look at what we at Alaan envision this space evolving going ahead.
There's a need to arm yourself with everything possible to streamline your corporate taxes - check out what spend management systems are and how they can help your business lower its tax obligation.
In this first post of the blog series, lets get an overview of corporate tax calculations, including the corporate tax rate in the UAE and how it impacts companies.
Using petty cash in a startups requires clear policies and procedures, responsible individuals to manage it, detailed records, regular reconciliation, and regular replenishment. The decision to invest in petty cash funds could vary from business to business.
Outsourcing accounting services can provide startups with a range of benefits, including saving time and resources, access to expert knowledge and skills, compliance with regulations, and flexibility and scalability. These benefits can help startups manage their finances effectively and focus on other areas of their business.
We strive to get better every day to simplify tracking expenditures for you. Alaan is here with yet another product update to streamline your business expenses even more.
Alaan is an all-in-one spend management platform powered by smart corporate cards. Alaan entrusts employees to purchase what they must to get the job done while giving business owners and finance teams comprehensive control and visibility on business spending.
Traditionally, expense reports were used exclusively for the purpose of tracking all the transactions being made. Needless to say, the method was time taking and prone to error. Here are few of the best practices that a company can implement to manage business expenses seamlessly.
For a company of any size, using personal cards for business expenses is never ideal. While it may seem convenient especially when you’re starting out, it can become quite chaotic when it is time to do the books at the end of the financial year.
It's not ideal to let employees pay out of their pocket and try to get it reimbursed month on month. With Alaan, you can issue unlimited cards for employees & track your business spend in real time.
As a business owner or finance manager, it's your responsibility to make sure that company funds are being spent wisely. That means having a good system in place that can automate end-to-end expense management for you.