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.
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. In this white paper, will provide the most common queries about tax compliance to help you safely navigate the complexities…Read More
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.Read More
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 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
There are no quick fixes when it comes to employee expenses and tax compliance. The simplest, safest, and most effective approach is to understand exactly what information HMRC requires from your company and…to give it to them. To do this requires some basic knowledge, an efficient expense management setup, and the right mindset. Effective compliance…Read More
An estimated £3.5 billion is spent on fraudulent expense claims in the UK each year. To better understand, we conducted a survey involving over 2,000 business employees throughout the UK These losses reflect the way that ‘fiddling’ expenses has become ingrained in working culture with normally law-abiding employees routinely exaggerating and manufacturing claims. The 2009…Read More
A visual guide to show you exactly how Webexpenses simplifies and improves the way businesses are able to track and manage employee spend. Here’s how you can reduce expense processing times by up to 25% when using a cloud-based expense management software.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
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
from our UK office Ensuring HMRC compliance is a two-way process. You need to ensure that all your tax responsibilities are being met but also that you’re able to reclaim any legitimate HMRC reimbursements. This requires getting to grips with VAT. But the complexity of VAT legislation means that many companies are failing to properly…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
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
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…Read More
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…Read More