Save up to 20% per businesstrip by reclaiming all your foreign VAT
Reduce expense handling time by 75%
Get real-time data on company credit card spending
Get insights on spending by functions, departments and entities
What is Travel & Expense software?
Travel and expense software is special software for companies with business travelers - within the country and abroad.
From commuting costs to business trips abroad: the type and the amount of travel expenses may vary form company to company. The fact remains that these travel expenses and the associated receipts and invoices must be accurately recorded to account for the administration and not to forget: the tax authorities.
The tax authorities regard these travel- and business expenses, since they are part of the work of an employee. The employer therefore usually pays these expenses at the same time as the salary (under the same VAT rate).
Employees who incur travel expenses at home or abroad usually collect these expenses themselves and claim them to the employer afterwards. In practice, this does not always go well. Employees forget or lose their receipts or invoices during their trip, so that the costs are no longer justifiable. Especially for employees who pay with a business credit card, accounting for credit card statements is not their top priority.
Nowadays you can let employees claim their travel expenses easily online with an travel expenses app. No more hassle with paper forms or Excel sheets ánd the expenses are always justified.
Benefits of Travel & Expense Software
Employees submit expenses easily on the way
Employees can submit their travel expenses anytime, anywhere, no matter where the person is. This way, the manager and the administration can already start with processing - during the trip - which saves a lot of work at the end.
Real-time insight in travel- and creditcardexpenses
Once a business traveler has paid abroad, the credit card transactions are real-time visible to the manager. Do you see excessive spending of your employee? Then you can intervene immediately.
Reclaim foreign VAT easily
Travel & Expense Software makes it possible to automaticly reclaim the VAT of your expenses. It works very easily. An employee submits his or her expenses in the Travel and Expense Software. Once approved and processed in the bookkeepingsoftware, the foreign VAT software starts with calculating your VAT to be received (taking into account 2200 different vat rules.) Read more about reclaiming foreign VAT with VAT software.