How financial services companies mitigate risk

You need the right tools to stay on top of the growing list of risks and regulations that are impacting your bottom line. Our intelligent technology and experience can help.

Manage and protect budgets with connected, intelligent technology

Reclaiming VAT on travel and expense costs is a great way to put some money back into your budget. But you also need to keep up with continually changing regulations. Download our IDC report to learn about intelligent processes that can help you:

  • Enforce spending limits to reduce non-compliance
  • Get greater visibility into travel expense costs
  • Increase the productivity of your employees

Manage and protect budgets without compromising on compliance

With complex rules and regulations around business conduct and data security, global compliance is essential. You need a sophisticated travel and expense solution, supported by an auditing team, to protect your business from duplication, errors and fraud.

For financial services, expense fraud is the most common risk and can be the most costly

50% of fraud is caused by poor internal control, leading to loss of cash flow visibility.* Improving policies and audit processes can drive compliance, control costs, and identify bad behaviours.

2018 ACFE report*

What you need to improve travel and expense policy for better performance

When you have a documented submission process, spend visibility, and compliance monitoring, the results are impressive, according to Aberdeen.

  • 84% spend management improvement*
  • 71% increase in employee adoption*
  • 84% compliance*

*The Aberdeen report

Contact us to see a better way to manage spend

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