White Papers

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…

It’s estimated that a typical company loses 5% of its annual revenue to fraud, amounting to global losses of $2.9 trillion each year.

Managing expenses seem easy when it’s printed on a policy document. But the challenge with expense management isn’t creating a great policy – it’s making that policy work in the real world. In a complex business landscape – a shifting interplay of people, power, structures, and status. It’s in this mix that finance professionals are faced…

In this guide you will find: Expert advice on expense policies The lowdown on legislation An expenses template policy document Introduction You may already have an expenses policy. Or you 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…

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…

The way we’re able to manage our employee expenses has been transformed. Organisations are no longer reliant on the old paper-based management processes – slow, costly and inefficient. We now have a new generation of digital tools which allow our finance teams to easily process, manage and control employee expenses. By moving to an Expense…

It’s 2013 and technology is changing the face of finance. We’re moving away from a traditional accounting world of paper, printouts and manual payrolls and moving towards a new digital realm; powered by cloud computing. It means that employees can now access all the tools they need to work from wherever they have an online…

from our UK office Webexpenses has a proud track record of helping businesses to take effective control of employee expenses. From our experience, the one area finance teams tend to fear most is HMRC compliance. We’ve compiled some of the most common queries about tax compliance to help you safely navigate the complexities of HMRC…

The path to finding your perfect expenses management solution A wise man once said: “The most important part of any job, is choosing the right tool”. And when you’re job is business finance, then it’s likely that managing the process and payment of employees T&E expenses claims is a major part of it. So, it’s…

from our UK office 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. It’s one of the…

from our UK office The MTD deadline is looming: On April 1, 2019, the UK Government introduces one of the biggest changes to the tax system in recent years. The Making Tax Digital legislation requires that companies maintain digital accounting records and use these to submit information to HMRC (HM Revenue and Customs). Initially, this…

The Road to Better Expense Management 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. And the most common cause of these types of losses is company mileage expenses. A global report, commissioned…