Average value of "unreasonable" expenses:
Assumption: 20% of costs exceed "reasonable" expectations by at least 10%
Many small companies do not set spending limits for their employees. However, when companies don't state what is reasonable, employees tend to push the boundaries and over-spend. In Concur's experience, 1 in 5 expense claims are above the reasonable limit and employees tend to overspend by 10%.
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Small businesses often incur unnecessarily high expenses because they don't set reasonable limits for employee spending on travel and entertainment. Concur Breeze allows you to set reasonable limits for expenses, and then highlights each occasion when an employee is over and makes everything visible to the employee and the approver. With Concur Breeze, your company can save $0 by limiting overspending.
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Number of expenses submitted via express mail:
Assumtion: £15 per report
Companies who have geographically distributed employees incur fees if paper-based expense reports are mailed to an approving manager who may be located at a different office and/or to the central accounting office for final processing. When employees are late submitting their expenses, they may even send them overnight via express mail.
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Concur Breeze allows you to eliminate the costs associated with mailing expense reports from one location to another by electronically routing them through an approval workflow and offering a free service for faxing in receipts (which is IRS compliant) and imports scanned receipts. With Concur Breeze, your company can save $0 in mailing expenses.
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