Expense Management
Benefits for the HR team
On average, employees have to wait 22 days for their claims to be paid. With a managed solution, you can reduce that by 75%.
In order to maximise employee retention and engagement, it is vital that all employee expense claims are correctly reimbursed in a timely fashion. Surveys have shown that slow claims processing can result in employees exaggerating their expense claims so as to counter balance the perceived hassle of not being reimbursed quickly enough and being "owed". Delays or inaccuracies with regards to compensation can swiftly lead to dissatisfaction amongst employees, thereby hindering other engagement, satisfaction and retention strategies.
Ceridian's expense management solution frees up the HR team to concentrate on more value-added activities, and will enhance the efficiency of the expense process - helping your employee proposition rather than undermining it.
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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