White Papers

Introduction You may already have an expense policy or your may be an organisation just starting to realise that you need one. Either way; this guide is for you.It provides all the basic help and information you will need to create a robust expenses policy document. It’s the foundation on which effective expense management is…

The world of Accounts Payable is changing. The 2020 pandemic saw 88% of global businesses having to rapidly shift their teams over to remote work operations. It required finance leaders to take a fresh look at the tools and processes they’re using to manage and control finances – including the crucial roles of invoice processing…

Digital transformation in the workplace spikes in wake of pandemic The COVID-19 pandemic has created unprecedented challenges worldwide across social, economical, environmental, and political factors. No one could have predicted the devastating scale of impact it would have on every single part of society. The business world is no different and has not escaped widespread…

An estimated £3.5 billion is spent on fraudulent expense claims in the UK each year. To better understand, we conducted a survey involving over 2,000 business employees throughout the UK These losses reflect the way that ‘fiddling’ expenses has become ingrained in working culture with normally law-abiding employees routinely exaggerating and manufacturing claims. The 2009…

Finding the most efficient way to work is an elusive challenge. As a business grows and technology continues to change, the processes and tools used within a workplace must also evolve. Since the arrival of digital communications, tools, and processes, these changes have been radical and the benefits transformative – completely rewriting the way businesses…

Time for change Managing employee expenses should be easy. It’s simply a way to reimburse employees for any business costs they cover from their own pockets. But for most companies, the day-to-day reality of expense management is far from simple. It has been allowed to grow into a notoriously difficult area of company finances to…

What makes accounts payable such a difficult area to manage effectively? A global survey, carried out by OnePoll, found that invoice handling is amongst the top five causes of business administration inefficiency. For more than two-thirds (67%) of companies, this remains a manual process with finance professionals still having to rely on paper documents and…

There are no quick fixes when it comes to employee expenses and tax compliance. The simplest, safest, and most effective approach is to understand exactly what information HMRC requires from your company and…to give it to them. To do this requires some basic knowledge, an efficient expense management setup, and the right mindset. Effective compliance…

What is Making Tax Digital? This is an HMRC initiative, first announced in 2015, that aims to simplify and streamline the UK tax system. The original plan was to introduce digital record-keeping and quarterly submissions for income tax, VAT and corporation tax by 2020. After a consultation, this was changed to a more phased approach.…

Expense management software is easier to use than ever before, and it’s continuing to advance further every year. Even with these advancements a large number of companies, 57% to be exact, cite poor visibility into T&E spending and compliance as their top business pressure. In this white paper, Webexpenses partners with the Aberdeen Group to reveal…