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Three ways to get new insights and take control

De werkkostenregeling: een hot item is het niet meer te noemen. Financieel Nederland werkt al ruim drie jaar met de werkkostenregeling. Veel ERP-systemen hebben ingebouwde categorieën. Grotere aanbestedingen worden vrijwel vanzelf ingeboekt en verdeeld onder de juiste ruimten. Het gat echter, blijft open bij de kleinere uitgaven. De declaraties van werknemers die binnen de wkr vallen worden vaak niet onder de vrije ruimte geboekt. Het resultaat?

Sep 29, 2018 2:25:37 PM

Three ways to prevent expense fraud with online expense reporting

Saving receipts and manually filing expenses are sure to be an erroneous task for any employee and organisation. Most errors are harmless mistakes, but occasionally there is a more malicious intent behind it. As a finance manager, it is your job to make sure that every expense is justified.

Sep 18, 2017 10:54:37 AM

Automate your VAT recovery

Value-Added Tax is one of the largest and most costly taxes worldwide. Most companies recover domestic VAT. Fewer companies realise the potential in foreign VAT recovery. Companies can reduce their travel costs up to 20% by reclaiming overseas VAT. When questioned upon, businesses claim that foreign VAT reclaim is a process that’s too time-consuming to manage.

Sep 4, 2017 10:53:42 AM

Cut costs and gain efficiency

Does it really? Innovating expense reporting system seems to enjoy less priority in many organizations. While invoicing has already been digitized in many organizations, employees are still walking around the building to print the form, get approval and bring their expenses to the finance department. Expense management might feel as a smaller part of the job to be done at finance departments but with the right expense software, it is very easy for your company to cut costs. Right now, you’re probably thinking: ‘Software costs money. How can I save money by buying software to replace an already free process?’ Cut hidden costs Research by the Aberdeen Group has shown that the costs of processing one expense report can be reduced by 65% with a mobile expense management application. The costs of one expense reports on paper are $23. These costs are the hidden costs, based on the time employees, managers and finance spent on processing it. However, the hidden costs of an online expense report are only $5. Firstly, time saved on expense report creation is (27%). Next, the expense approval time is reduced (28%). But most time is saved at the finance department. Companies that use cloud-based expense management, experience 50% lower expense-processing costs than companies not leveraging cloud-based expense management solutions. Because the expense reports are received digitally instead of on paper, there is no need for finance to copy the data into the accounting software. After approval, simply click on the export button. In general, expense reporting tools should integrate with every ERP.

Aug 11, 2017 10:58:53 AM

Online expense reporting: What, how and why?

The problem Are you responsible for expense management in your organisation? It is very likely that you get frustrated by the process from time to time. Probably you still use the traditional process paper forms with stapled receipts travelling from employees to managers to finance. Or you ask employees to scan receipts and add them to Excel forms. All this takes a lot of time employees would rather spend otherwise. Receipts get lost, getting the expenses from employees to finance takes a long time, and copying expenses into your accounting software is not an intellectually satisfying task. At the same time, it doesn’t even provide you with all the information and insights you need for good supervision and control.

Aug 1, 2017 11:00:29 AM

Pon interviewed about SRXP in magazine for finance professionals

In this month's edition of cm:, magazine for finance managers and controllers, our client Pon is interviewed about their new expense reporting system. Unfortunately for non-Dutch speakers, the article was published in Dutch. That is why we have translated the interview in English. Read the English case study here.

Jun 23, 2016 12:02:18 PM

New client case: AEGIR-Marine wanted more insight in their expense reporting process

For companies that do a lot of fieldwork, such as AEGIR-Marine, expense management is one of the biggest operational expenses. AEGIR-Marine saw the costs and time saving opportunities of automation, and made digital expense management part of their strategic plans.

Jun 21, 2016 3:04:21 PM

Video: Customers of SRXP share what they like about us

We have asked our customers how SRXP has helped them to manage expenses in their organisation, and what they think of our team. Check it out yourselves!

May 31, 2016 4:10:59 PM

New! Set up business rules to ensure expense policy compliance

Good expense management starts with a solid business expense policy. However, it is a real challenge to make sure that everyone knows the rules and sticks to them. Luckily, SRXP is here to help you out with this problem. Today we have released a new feature we call 'Business rules'. On this new admin page you can add different types of policy rules you want to apply. Here we will shortly explain the different kinds of rules.

May 27, 2016 12:06:39 PM

SRXP now automatically creates your credit card statements

As you might know, we have released a credit card integration with all major credit card issuers a few months ago. Thanks to this integration, all expenses paid for with a corporate credit card automatically appear in the SRXP portal. The expense reporter uses the expenses app to capture receipts of the expenses right after receiving them. That way the expenses are securely stored in the digital expenses inbox. Next, the employee match the receipts to expenses in the online portal. Together with our partners American Express and International Card Services, we have now improved this feature even more. Starting now,  SRXP also creates the credit card statements for the user.

May 16, 2016 2:46:26 PM

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6 Reasons to switch to cloud-based expense reporting

Learn how expense reporting can help you to achieve company goals.