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.
Eliminating inefficiency 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…Read More
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…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
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
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
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…Read More
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…Read More
A practical guide to managing your company’s expenses Time for change The biggest danger posed by expenses is our attitude. It’s the way organizations allow expense reports to be something to dread and avoid. How they become the business equivalent of a dripping tap – a problem you learn to live with. But our…Read More
The ROI calculator is designed to help you make an informed decision on the benefits of using an expense management solution. The underlying assumptions are based on information from various sources, including studies by American Express and Ernst & Young, the European Commission, Webexpenses research and client interviews. The form below allows you to amend the…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
The one area where the benefits of mobile have yet to be truly maximised is in the business world. While attitudes are changing, many companies struggle to accept mobile working. It’s an attitude which places organisations at risk of being left behind. Mobile working methods are helping to create a new generation of businesses –…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
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…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