Business Case

There is a simple, compelling business case to deploy the CorporatePay solution. Financial benefit is delivered through:

• The ability to proactively control employee’s expenditure at the point of sale as business conditions change
• Reduce unapproved expense budget overspend by proactively controlling and monitoring the amount available to spend by employees. Preventing an overspend of 15% on a £2m budget reflects an annual saving of £300k
• Reduction of fraudulent claims. A 2007 Global Expense survey of 600,000 UK expense claims showed 11% of all claims to be bogus or non-compliant. Halving this number on a £2m annual budget is a benefit in excess of £100k per annum
• Reduction in the labour intensive, manual entry of claim data. Systems@work research shows a single expense claim of 15 entries costs an organisation £150 to process end-to-end. A 25% productivity improvement will deliver a £90k operational overhead saving on a £2m annual expense spend
• Reduced cash management costs including banking, security, distribution and storage
• Improved management information allowing companies to negotiate better deals with regular merchants (hotels, travel firms)
• Indicative benefit is a 15% to 20% reduction in your current annual employee expense overhead

Calculating your Business Case

Employee expenditure differs greatly by industry segment and job role. For more information and assistance in creating your own business case, please contact us.