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Improved Expenses Management |
| February, 2010 | |
It is estimated that each year UK companies lose in excess of 100 million pounds through expenses inaccuracies and fraud as result of their employees. Many businesses simply cannot sustain these losses and taking action to reduce expense claim losses can make a substantial difference to a company’s bottom line.
The intention of taking action against non-genuine claims is all very well said but not so easily done. Businesses that are making every effort to reduce their expenses bill do not always achieve what they are aiming for. Businesses whose employees submit mileage/fuel expenses claims are particularly vulnerable as mileage claims inaccuracies be very difficult to detect and even harder to prove.
Pregem Mobile have a range of solutions that can help businesses to significantly reduce their monthly expenses bills, in some instances up to 12%. These include GPS vehicle tracking and GPS expenses management solutions. Vehicle tracking systems continually monitor the movements of vehicles and they are able to provide a range of reports that include journeys made and distance travelled. These reports can be used to cross reference an employee’s claim to ensure that no mistakes have been made.
Pregem’s Fleet Insight expenses solution not only accurately records each journey travelled by a vehicle but also acts as a platform for drivers to submit their claims, eliminating inaccuracies and employee abuse.
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