Take control, cut costs
GlobalExpense's unique end-to-end service enables you to reduce administration costs from day one. Because the receipt processing and payment functions are performed by GlobalExpense, the amount of work required by the client's personnel is significantly reduced freeing up resources within their organisation.
In addition, the 100% receipt audit service highlights unreceipted claims and helps clients to identify areas where they are able to increase their VAT recovery. Typically, clients increase their VAT recovery by 15%, with some reporting an increase of 200%.
GlobalExpense's system captures detailed information on spending patterns and claims submitted. Our commitment to combining the benefits of the web-based workflow with genuine service from real people means that we can provide detailed reporting and analysis of your expense spend.
Our account managers will work with you to analyse the data and highlight specific areas that require attention and improvement. This helps our clients to generate further cost savings and to enforce their corporate expense policy. GlobalExpense also helps our clients to make use of preferred supplier management, driving users to specified suppliers and delivering reductions in expenditure for the organisation.
According to a recent YouGov survey, some 60% of all employee expense fraud is hidden in business mileage claims. To fight business mileage fraud and ensure that our clients pay only for the number of miles travelled, GlobalExpense provides a Mileage Distance Verification Tool that automatically checks journey distances and cuts mileage costs by up to 30%.
Typically, the end-to-end service provided by GlobalExpense will deliver a minimum saving of 5% on the annual expense spend. Allied with the increase in VAT recovery, in-depth reporting, policy enforcement and spend control, we work in partnership with our clients to deliver real cost benefits and complete control of their expense spend.
With the cost reductions available to organisations through improved expense management, it is clear that GlobalExpense delivers a high return on investment. This can be achieved within weeks and continues to deliver ongoing savings year on year in addition to the complete peace of mind delivered by our commitment to ongoing compliance.