WebExpenses - Overview
WebExpenses is the leading provider of web-based travel and entertainment expenses solutions to Sage users.
Implementations range from Instant Accounts and Sage Line 50 users with only a few employees to Sage 200/MMS and Sage Line 500 users with large numbers of users spread across the globe.
A key factor differentiating is that WebExpenses can be configured and implemented immediately and without high implementation fees, thus delivering a high and rapid return on investment.
WebExpenses - Features & Benefits
The feature list is extensive and each feature can be turned on or off as required. An example of key features include:
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Offline version: Allows expenses to be submitted when not connected to the internet.
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Credit card interface: Allows expenses to be populated with data from Visa, MasterCard and American Express.
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SMS text message: Allows expense items to be submitted as they are incurred by sending a simple text message.
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Custom reports: Allow reports to be tailored to the specific needs of an organisation.
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Multi-entity configurations: This powerful feature allows complex configurations (e.g. multiple companies, divisions and currencies) to be configured quickly and simply.
WebExpenses delivers benefits and cost savings throughout an organisation. These include;
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Processing costs: By capturing data at source, WebExpenses reduces the time taken to compile, submit, approve and account for expenses.
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Travel and Entertainment costs: Travel and entertainment spending typically falls by between 5% and 15% by providing data transparency and hence encouraging self-policing of expenses.
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Control: The process is robust and conforms to accounting best practice. The reports give complete transparency with regard to who is spending what and where, while each expense creates an audit trail.
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Management information: The reports functionality allows management to view spending by date, location or employee, to recharge expense items to clients or projects, to produce VAT/GST, P11D and other tax-related reports by country and to upload data to the general ledger.
