Good managers wouldn’t send employees onto the factory floor without the proper safety equipment and training. So why do they send people all over the world without knowing what they’re sending them into? Think about it. Let’s say it’s monsoon season in the Indian Ocean, but you don’t put two and two together until you hear that storms are...
Navigating the minefield of international value-added tax (VAT) can be tricky for U.S.-based companies. Many companies feel they have it covered, yet each year billions of dollars of VAT go unclaimed. In fact, nearly two-thirds (69%) of U.S....
Employee-initiated spend refers to spend instigated and controlled by the employee, in support of their role or job function – such as the typical travel and expense categories – in addition to other types of spend that contributes to business...
For every business, whatever its size, duty of care and travel risk management should be a top priority. It’s your legal requirement to keep employees safe and to take reasonable steps to ensure a safe working environment. However, it’s an...
By Kevin Permenter, Senior Research Analyst, Enterprise Applications, IDC Time is a precious commodity in financial service firms. They are always looking for ways to reduce their costs and identifying places to gain efficiencies are always a...
Did your employees travel to the UK and incur business related expenses between July 1, 2017 and June 20, 2018? Under the 13th VAT Directive, the deadline for Non-EU countries reclaiming VAT from travel to the UK is December, 31 2018. There is no...
If you had an army of people to watch over your army of employees, you could probably keep up with their spending. But you don’t, and it might just be a little cost prohibitive if you did. So how do you stay on top of what’s going out the door?...