In an age where digital safety is at the forefront of the technological mind – from GDPR to privacy scandals in the media – businesses could be forgiven for thinking that it is a mammoth task keeping your company expense data secure and HMRC compliant. This is where we come…Read more »
How digital expense management can get your SME through an HMRC audit
If your small business has been selected for an audit by HMRC, you might be worrying what the next few weeks and months have in store for you. Audits are never much fun and can lead to a whole load of stress for financial departments, managers and company owners. The…Read more »
How best to manage contractor expenses
If your company regularly uses contractors at events or for particular services, then it is important that you manage their expenses effectively. Contractors are often given expenses benefits including food allowances and travel reimbursement but these can be difficult to track. Failing to track these properly can lead to you…Read more »
Why excel spreadsheets may be holding your business back
While Excel is undoubtedly a useful tool, it’s worth remembering that it has been 40 years since electronic spreadsheets were first adopted by businesses in the UK – and when it comes to expense management, it’s high time businesses started adopting a more advanced approach. If your business is still…Read more »
What is GDPR and how are we preparing for it?
The General Data Protection Regulation is the single greatest change in data protection legislation since the EU Data Protection Initiative came into force in 1995. It is the result of four years’ work and aims to give people greater control over the ways their personal data is used while giving…Read more »
Are paper receipts a thing of the past?
The use of technology is now commonplace in the business world, so it’s important to adapt your business practices to meet the demands of this ever-changing landscape. Utilising a cloud-based system gives you full control over your company finances, and a big part of this is the use of digital…Read more »
Introducing new employees to your expenses process
It’s always exciting to welcome a new member to your team. It can mean new skills, ideas and great new input into your business. It’s also a great sign that your company is growing and moving forward. It’s understandable that making sure your new team member is comfortable and keen…Read more »
How to enforce your business’ expense policy
Every company should have an expenses policy in place and they should have a solid plan for enforcement too. Employees can manipulate expenses to their benefit, so it is important to protect yourself against misuse. One case of over claiming by a few pounds will make no difference to your…Read more »
How to make expense management easier
As a manager, one of the most tedious and tiresome jobs is checking expenses claims and approving or challenging them. There are two ways to approach this: • You can struggle through it and do ‘the best you can’ • Or; You can take proactive steps to make expenses easier,…Read more »
4 ways to cut business travel expenses in 2018
Modern technology has made it possible to conduct a substantial amount of business from the comfort of your desk, greatly reducing the expenses involved with travel, accommodation and meals. The myriad of chat-based apps make it even easier to talk to clients, colleagues and suppliers in real time, around the…Read more »
