Expenses Audit
Expense spend auditing service for your business
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:
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Using your expense data from our expense software, easily submit claims for approval
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Submitted claims are audited for policy compliance, errors, duplicates, tax reclaim amounts
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The completed audit will be sent back to your approver
Expenses Audit features
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
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.
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.
Receipt archiving
All of the expense receipts processed and audited are systematically archived for full tax compliance.
Data insights
Detailed reporting provides insight into a number of key metrics on T&E policy, compliance, and tax regulations.
Real-time reporting
Extract and manage key information with comprehensive and real-time reporting.
Benefits of expense auditing:
Get your time back
Free up your financial teams and managers/approvers to focus on other, more important tasks.
Eliminate overpay
Provide your teams with T&E policy compliance assurance to prevent expense fraud and overpay.
Gain visibility
Analyze report details to develop a deeper understanding of spend; streamline financials.
Increase tax reclaim
Boost your tax return with itemized deductions that may have otherwise fallen through the cracks.