It’s the end of the month (again), which means a roundup
of expense claims for many employees, submitting the claims and locating the
lost receipts - which can often cause further delays and means missing the
batch process of salaries and expense payments. In these circumstances, the
expenses will go unclaimed for another month, and as the months fly by, the
likelihood of getting the claims in is slim!
For the finance team, there are further implications;
chasing those expenses, matching up receipts, establishing reclaimable VAT,
filtering out the rechargeable expenses, ploughing through credit card
statements to match up expenses, checking and validating mileage claims, and
finally processing and inputting all this data into spreadsheets to produce
some kind of readable reports for management.
This monthly process summarises the nightmare faced by so
many employees and finance teams, which has been generated by inadequate
systems, which may have worked well years ago, but are no longer equipped to
handle the pace today. Unfortunately, this process has also become the norm,
and many are unaware that there is a far simpler and less time-consuming way to
manage expenses, which won’t strike fear whenever month end approaches.
is here to help…….
The simple expense solution which will save time and
money for employees and finance teams alike.
Receipts can be photographed by employees using
mobile phones, and then binned
Claims can be made anytime and anywhere
Limits and authorisation levels are set for each
MEO will automatically calculate reclaimable VAT
The Finance Team can review expenses without
trawling through a paper mountain
Employees can monitor their claims, right
through to payment
Reports are easily available, for monitoring
where the money is being spent.
With so many time and cost saving benefits, an automated expense solution can solve many of the problems with a manual process. Contact a member of our team to find out more.