Why should we introduce an automated expense management application?
We all know that Expense Management Applications do a great job of letting your traveling employees file their expenses quickly and efficiently. However, gaining complete control over your organization’s travel expenses requires two additional crucial tasks that an Expense Management Application (EMA) cannot handle:
1. Auditing paper expense receipts for expense claim accuracy and travel policy compliance
2. Analyzing those same receipts to maximize VAT recovery
By taking those two additional steps, which is what Meridian’s Expenseflo UNIQUELY does, you can save up to 6% on your company's T&E spend.
It is estimated that well under half of corporations have an automated expense management application. If you are not one of the converted yet, here is why you should have one:
Reduced travel costs
Management information provided for supplier negotiation
Traveler compliance boosted with preferred suppliers via pre-trip approval
Reduced process costs
Many manual paper-based tasks are eliminated, reducing processing costs by up to 80%
Reduced employee and management time
Radically reduced time taken for business travelers to complete expense claims and receive reimbursement
Easy one-click approval for line managers
Our expense management application, Expenseflo EMA, is the best on the market. However, we recognize many companies already have an expense management application and do not want to change that.
That’s not a problem. We can plug any expense management application (or more than one) of your choice into Expenseflo EXPENSE AUDIT and Expenseflo VAT RECOVERY so you can get the full benefit of complete expense management.
Should you wish to discuss Expenseflo service please contact:
phone: +1 212.554.6719
phone: +1 212.554.6655