Credit card statements, expenses and receipts are among the most time-consuming processes in many companies. A targeted review brings clarity, takes the pressure off your staff and helps to identify errors and risks in the accounts at an early stage.
When company credit cards and expense claims come together, things can quickly become confusing: receipts go missing, claims do not match the expenses, foreign currencies make allocation difficult, or personal and business expenses get mixed up. What may look like minor discrepancies at first glance can, when added up, cost a great deal of time and lead to avoidable hassle.
Based on our experience of working with companies of all sizes and structures, we have therefore developed a credit card check. Using a structured and efficient approach, we scrutinise your processes relating to corporate credit cards and business travel.
In particular we check:
- whether there are any duplicate payments – for example, via the company credit card and additionally via expense reimbursement through payroll,
- whether any receipts are missing and where there is a need to catch up,
- whether the invoice details required for input VAT deduction are correct,
- and where processes relating to credit cards and expenses can be simplified and made more efficient.
The aim: less manual work, greater transparency and enhanced security in your processes.
Would you like to know what a credit card review might look like in your organisation? We’d be happy to provide you with some information about our assessment, with no obligation, and discuss with you whether and how you could benefit from it.