GB Business offers an outsourced business expense management service that will support businesses to significantly reduce transaction costs and improve management control when logging, calculating, processing and auditing corporate expenses.
Dedicated expertise and best practice
GB Business provide all their customers with expertise and best practices for expense management. We can handle all the necessary functions like reimbursing employees, on-going system administration and expense report audits and save our clients time, and therefore money.
Main business drivers
The three main business drivers for any business to look at better managing their business expenses are:
Compliance: The need to reduce the current risk levels posed by non-compliance with internal policies and external tax/government regulations.
Cost reduction: The competitive pressure to reduce processing and auditing costs
associated with expense reports.
Employee productivity: The organizational pressure to improve employee productivity and satisfaction.
Expense management: processing
GB Business can significantly decrease the time it takes to do your business expense processing. A secure and transparent outsourced service that simplifies your expense processing, removes a lot of unnecessary paper trails and speeds up the process and also making it less open to inaccuracies and errors. Read more about Business Expense management: Processing
Expense management: auditing
GB Business outsourced services can take care of these vital tasks that business expense management systems are not able to handle in order to stay in control of your company’s business travel expenses. These tasks are auditing paper expense receipts to assure policy compliance, expense claim accuracy, combat fraud as well as the fact that all receipts should be reviewed to maximise VAT recovery. Read more about Business Expense management: Auditing