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Expenses Audit

Expense spend auditing service

Ensure spend compliance and reclaims

Webexpenses Expenses Audit serves as an additional safeguard to expense software automatic compliance and duplication checks.

Our audit service guarantees adherence to your company’s T&E policy. In addition, it frees up time for finance teams, managers, and approvers by handling all the receipt audit checks.

Auditing your company's expenses can eliminate expense fraud. This means: no more overpay on employee expenses. It may also increase tax reclaims by identifying areas of missed tax credit opportunities.

In turn, expense auditing can pay for itself - and then some!

Plus, the process is very simple:

  1. Using your expense data from our expense software, 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

Expenses audit service features

expense-fraud

Expense fraud prevention

With an impartial team checking each expense cost, our audit service is incredibly effective against fraud and decreases the risk of anyone submitting false claims.

tax-reclaim-compliance

Tax reclaim + compliance

Our auditors navigate global tax systems for accurate allocation of costs. This ensures maximum tax reclaim of all legitimate expenses. Plus, category accuracy helps to supply tax authorities with a complete and reliable audit trail.

receipt-archiving

Receipt archiving

All of the expense receipts processed and audited are systematically archived for full tax compliance.

error-detection

Error detection

Our auditing team uses their specific expertise to detect errors and issues in your expenses. Any problems are flagged before expenses are submitted for approval, which helps prevent any issues from becoming costly problems.

data-insights

Data insights

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

real-time-reporting

Real-time reporting

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

Benefits of expense auditing:

time-back

Get your time back

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

expenses-and-overpay

Eliminate overpay

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

visibility-and-control

Gain visibility

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

tax-reclaim-compliance

Increase tax reclaim

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