Ten reasons why paper expenses are on the way to extinction
Written by Tracey Turton, Software (Europe) Ltd
For further information please call: 01522 881300

expenses - 10 reasons to automateEmployee T&E expenses are one of the top four expenditures for any business and controlling this can be timely, costly and ineffective without the right tools. Software as a Service (SaaS) solutions are proving to be one of the most economical and time saving options when it comes to certain business related activities.

expenses2010 is one of the UK leading expenses management solutions and our customers have found many benefits from automating their expenses reclamation process.

10 reasons to automate:

1
Enforced policy compliance: Claimants can either be denied access to claim specific items or amounts. Or the system can be configured to allow exceptions but flag these to the line managers.
   
2
Global access: Employees can claim and approve expenses items from anywhere with an internet connection.
   
3
Online policy: Store an online reference copy of all T&E expense polices. Ensuring employees are fully aware of what they can and can’t claim for.
   
4
Reduced paperwork: Online data entry eliminates long forms and data inputting this information into various payroll packages.
   
5
Automatic VAT calculations & compliance: No need to rely on claimants to accurately calculate the amount of VAT paid per item.
   
6
Payroll integration: expenses integrates with all payroll packages. Allowing you to extract the information from the system into your payroll package to enable accurate reimbursement to claimants.
   
7
Reduced processing costs: Time is saved entering information online and automatically sending the claim through the reclaim process.
   
8
Control mileage claims: Reduce the temptation for employees to over claim mileage with the postcode lookup feature that automatically detects the total mileage driven.
expenses - duty of care
   
9
Duty of care: Record and upload documentation essential to employees driving whilst on company business, perform and monitor checks on vehicles used for business purposes; and highlight when excessive mileage driven in a day by a single driver.
   
10
Automatic VAT calculations & compliance: No need to rely on claimants to accurately calculate the amount of VAT paid per item.

 

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expenses - employee expenses management software
expenses
cuts through the paper process of your employees reclaiming expenses.
Contact us today
to discuss how expensescan help your business improve value

CALL: 01522 881300
EMAIL: expenses@software-europe.co.uk