Expenses, VAT, Compliance in a Nutshell - UKI Edition
In this eBook we look at VAT, tax and expense rules that apply in the ROI. Highlighting the processes, practices and behaviours around tax and expenses based on some of the frequently asked questions we receive. When you get tax compliance right, not only will your business, HMRC and Revenue become more confident of your processes, reclaiming VAT on your eligible expenses can actually put money back in your budget. ...more
Three Ways to Future-Proof Your Business
While having control over costs, cash flow, and compliance is important for businesses during typical times, it’s even more critical when trying to maintain business continuity during challenging periods. Reacting to challenges while keeping the business running smoothly requires organization-wide agility, flexibility, and collaboration. Employees must be willing and able to shift gears to accomplish whatever needs to be done. Organisations need intelligent finance systems to access trustworthy data as near to real-time as possible to enable be ...more
The Economist Report - Global Executives Look to Digital Transformation to Support COVID-19 Recovery
Senior executives worldwide face a starkly different economic climate entering second half of 2020 than they and their teams originally anticipated. The impact of COVID-19 has been tragic and far-reaching on a human and economic level. In a recent study conducted by SAP Concur and The Economist Group, 88% of senior executives worldwide agreed that the pandemic will forever change how business operate. Global executives are working through what recovery will look like, determining how to evolve their organisations to meet newly urgent strategic ...more
Connecting the Dots on Business Spend: Don't Wait for the Pieces to Fall into Place
When you’re putting together a spend management solution, it has to deliver on every level to equip you for the road ahead. How is your business managing travel, expense and invoice processes currently? These three areas have one thing in common – employees. They hold the purse strings and make decisions on behalf of your company. Do you have total visibility into this spend? We asked 500 UK finance leaders from businesses of all sizes about their employee spend management practices. The research revealed that despite some process improvements, ...more
4 top skills CFOs must adopt in the digital age
Digital revolution is now changing the way business organisations operate. Thanks to data technology, existing business models and services are quickly rendering. As a result, many top companies including automotive, telecommunication, and media are being reshaped in order to give rivals a competitive advantage. Here are some of the essential skills CFOs must have to stay ahead in the digital age: CFOs must become analytics experts A CFO should only spend 10 per cent of their time and efforts on transactional and the remaining 90 per ...more
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Three Ways to Future-Proof Your Business
While having control over costs, cash flow, and compliance is important for businesses during...