Expense Reporting
Definition
The process by which an employee reports expenses incurred on behalf of the company, attaching receipts (invoices, bills) for approval and reimbursement. In CEBRIC, this process is automated with OCR and artificial intelligence.
Practical example
A site supervisor scans a materials receipt with their phone. CEBRIC automatically reads the amount, vendor, and date using OCR, and sends it to the approval workflow.
Related Terms
Approval Workflow
A structured process where a document or expense goes through a defined chain of approvers. In CEBRIC, workflows are configurable by department, amount, and document type, with automatic notifications at each stage.
OCR (Optical Character Recognition)
Technology that converts images of text (such as receipts, invoices, or scanned documents) into editable digital text. In CEBRIC, OCR is specifically calibrated for Chilean tax document formats.
