Each entity has its own chart of accounts, VAT treatment, approvers and budgets. Most finance teams manage that with separate processes, separate spreadsheets and a lot of reconciling. With Webexpenses, every entity keeps its own rules and group finance gets one view of everything.
Every acquisition, new subsidiary or new country adds another set of codes, another approval chain and another month end to co-ordinate. Invoices get coded to the wrong entity. VAT is treated inconsistently. Group reporting means pulling exports from several systems and hoping they agree.
The work grows with every entity, and so does the risk.
Its own coding, VAT treatment, approvers, budgets and policies, configured centrally without development work.
Invoices, orders and claims are read and coded to the correct entity on arrival. No manual sorting, nothing posted to the wrong ledger.
One view across every entity: spend, committed spend, budgets and approvals. Reporting draws from the same live data, not consolidated spreadsheets.
Policies, approvers and GL mapping by entity.
Requests approved on each entity’s delegation of authority.
Invoices coded to the right entity with the right VAT treatment and approvers.
Budgets by entity, department or project, with a group roll-up.
Live position across every entity without waiting for local month ends to consolidate.
Standard controls across the group, local rules where they’re needed, and every entity audited the same way.
Local coding, approvers and VAT treatment, on the same platform as the rest of the group.
“Storage King Australia & New Zealand has relied on the platform for over two years and uses it across all managed entities and locations. We find the team very responsive and excellent to work with and the platform has delivered significant efficiencies, management and control for our finance and operation teams.”
Reiner Low, CFO, Storage King Australia & New Zealand
Yes. Coding, cost centres and GL mapping are configured per entity and sync with your ERP.
Yes. VAT rules are set by entity, so documents are treated correctly for the entity they belong to.
Yes. Each entity can have its own delegation of authority, approvers and thresholds.
Yes. Group finance can report across all entities or filter to one, from the same live data.
Yes. Multi-currency is supported as standard, with documents converted to the entity’s reporting currency.
Yes. New entities are added to the same platform with their own configuration, which makes acquisitions and expansion simpler.
Give every entity its own rules and group finance one view. Webexpenses handles the complexity so your team doesn’t have to.
Platform
FRONT OFFICE
BACK OFFICE
Capabilities
EXPENSES
ACROSS THE PLATFORM
TRUST AND ROADMAP
