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Expenses Audit

Expense spend auditing service

Ensure compliance and reclaims with expense auditing

Webexpenses Expenses Audit serves as an additional safeguard to Webexpenses Expense Management software’s automatic compliance and duplication checks. The expense report audit service guarantees adherence to your company’s T&E policy. Meanwhile, it frees up time for finance teams, managers, and approvers by handling all the receipt audit checks.

In addition, auditing your company expenses can eliminate expense fraud, and thus, overpay on employee expenses. It may also increase tax reclaims by identifying areas of missed tax credit opportunities. In essence, expense auditing can pay for itself - and then some!

The process is simple:

  1. Using your Webexpenses Expense Management data, easily submit claims for approval
  2. Submitted claims are audited for policy compliance, errors, duplicates, tax reclaim amounts
  3. The completed audit will be sent back to your approver
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Expenses Audit service features:

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Fraud prevention

Provide financial teams a way to efficiently ensure T&E policy compliance.

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Error detection

Reveal invoice non-compliance and policy breaches in order to correct them.

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Receipt archiving

Gain a systematic approach to the archiving of documents, which adheres to tax rules.

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Data insights

Detailed reporting provides insight into a number of key metrics on T&E policy, compliance, and tax regulations.

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Tax reclaim

Identify tax reclaim opportunities that may have previously gone undetected for a fast, effective ROI.

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Real-time reporting

Extract and manage key information with comprehensive and real-time reporting.

Benefits

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Get your time back

Free up your financial teams and managers/approvers to focus on other, more important tasks.

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Eliminate overpay

Provide your teams with T&E policy compliance assurance to prevent expense fraud and overpay.

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Gain insight

Analyze report details and develop a deeper understanding of spend to streamline financials.

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Increase tax reclaim

Boost your tax return with itemized deductions that may have otherwise fallen through the cracks.