Getting expenses under control: What was spent, who spent it and why?

It means knowing exactly, from one year end to the next, what was spent, who spent it, and why.

It means being confident that your expenses policy is being applied as intended.

It means your accounts staff are not continually being asked to find out what has happened to claims.

It means not needing to manually check every claim in order to ensure
that allocations to subsistence, entertainment and PIE are accurate -
and being assured that you can safely recover virtually all your VAT without worrying about over-claiming.

If expense management is not under control, then you are almost certainly wasting valuable time and money, while also leaving your company open to significant tax penalties at some point in the future.

The question is; what can you do about it?

Getting control of expenses

"ExpenSys is user friendly for our staff while at the same time providing us with the necessary information for Tax and VAT purposes." Louise Cooper, IT/Finance Project Manager - ICI Paints

"A 5% reduction in operating costs in the expense-management process has the same impact as a 30% increase in sales." Source: Gartner, 2001