After more than a decade’s worth of research and development, we have developed an expertise second to none in expense management. It’s a knowledge we love to share; helping to guide you safely through the expenses process and related legislation and hot topics.
We provide clear and concise information and guides to ensure you always have the know-how required for effective expense management. Please, feel free to download as many of our resources as you need or contact us if you have any questions.
You may already have an expense policy, or you may be an organisation just starting to realise that you need one. It provides all the basic help and information you will need to create a robust expense policy document. It’s the foundation on which all effective expenses management is built. With cloud-based management tools allowing…Read More
The danger posed by expense fraud is ‘death by a thousand cuts’. It’s the cumulative impact of multiple small losses over time which can deliver so much damage to business efficiency. A global report, commissioned by Webexpenses, identified that while fraud patterns vary greatly between different nations, the common factor they share is the dominance…Read More
A guide to understanding and tackling workplace dishonesty Webexpenses wanted to find out more about the attitudes of UK employees towards expenses and workplace honesty. Almost three-quarters of UK employees surveyed admit to carrying out dishonest acts at work – but only 23% believe they are dishonest. The findings help to highlight how expenses fraud…Read More
Whoever put ‘float’ into the finance lexicon for describing petty cash was ‘right on the money’ because, as we’ve probably all seen, sometimes petty cash has the ability to inexplicably float away! For many businesses, petty cash is a necessity because access to ready cash oils the wheels of daily operations. However, paper-based systems to…Read More
How do you control company costs when you have so little accurate information about them? This has been one of the main barriers preventing businesses from properly managing employee expenses. With outdated systems and paper-based processes unable to provide accurate data, companies have found themselves dangerously vulnerable to inefficiency, compliance breaches, and workplace fraud. It’s…Read More
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.…Read More
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…Read More
The way we’re able to manage employee expenses is changing. Companies are no longer reliant on the old paper-based approach that create an inherently slow, costly, and ineffective process. With real-time data and cloud-based management, finance teams now have access to smart tools to effectively process, manage, and control employee expenses. By moving to a…Read More
Is the fear of change holding back UK businesses? Webexpenses’ independent survey, conducted in 2013, shows that despite accepting the many benefits, employers still have a negative view towards mobile working. Are these attitudes to blame for UK companies missing out on the huge advantages offered by cloud-based working?Read More
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…Read More
The environment in which employees work has a huge impact on how they act. And there’s no better example of this than our attitudes towards expenses. It helps to explain why so many people, who consider themselves to be honest and law-abiding, are willing to carry out expense fraud in the workplace. Global research commissioned…Read More
New global research carried out by Webexpenses has put expense reports under the microscope and uncovered a staggering insight into the sophistication of methods that employees worldwide are using to submit fraudulent claims. In many instances businesses throughout the globe may not be aware of the complex nature of expense fraud and the multitude of…Read More
A how-to guide for fast and efficient management of everyday office expenses There’s nothing petty about the potential consequences of failing to manage those everyday office expenses. Outdated and inefficient petty cash systems leave businesses exposed to the risks of fraud, error, and compliance failings. It’s to protect against these risks that more companies are…Read More