Expense Management

Benefits for your Finance team

It can be time-consuming trying to ensure that correct tax reporting is achieved, and that expenses are managed efficiently in line with existing policies. Ceridian's expense management solution can help remove this burden - giving you more time to concentrate on strategic, business critical activity that will add real value to your business. Organisations using expenses solutions regularly report seeing savings within two months of using the service.

Recent research showed that the cost of processing claims in-house can account for up to 46% of your indirect expense costs.

It's costing some companies as much as £45 to process a single claim. The more claims you have, the higher the overheads. A managed service can cut your processing costs by up to 65%.

Other benefits include:

  • No more paper processing and storage
  • Improved control and audit of expenses
  • Highlighting inconsistencies with policy compliance
  • Enhanced reporting and analysis
  • Improved control of VAT recovery
  • Improved level of service to employees in terms of speed and accuracy, with payments going directly to employees' bank accounts.

To find out more about how Ceridian's managed expenses solutions can help different groups within your business, click on the links below:

If you are interested in saving on both costs and time with our managed expenses solutions, contact us today.

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