Control relocation costs and ensure financial compliance seamlessly with our global expense management services.
As global relocation specialists, we recognise the challenge of overseeing international team expenses. Managing relocation expenses, from gathering and verifying bills to making payments, can be a complex and time-consuming task. Our expense management service simplifies this entire process and more. We meticulously track and report all relocation costs, ensuring transparency and control throughout.
Guarantee precision and accountability in expense disbursements
Outsource your relocation and assignment expenses to our global management services. We handle reimbursements and process various global assignment payments, ensuring timely deposits, rentals, utilities, school fees, and more.
Our Global Expense Management Service
Our comprehensive relocation expense management at LSS Relocation covers all aspects of global expense oversight. We provide tracking, reporting, auditing, and reconciliation, aligning expense reports with finance policies. Additionally, we facilitate payments in local currencies for international assignees and furnish complete audit trails for your records.
Relocation expense capture and reimbursement
With LSS Relocation’s global expense management service, assignees can effortlessly submit their expenses directly to us using our user-friendly system. Every expense undergoes rigorous auditing and is swiftly processed, upholding corporate integrity and compliance. To protect your budget, we promptly notify assignees if their expenses exceed policy limits, rejecting claims or seeking exceptions as necessary. This streamlined process ensures prompt reimbursements, eliminating missed payments and fostering a smoother transition for employees settling into global placements.
What’s included in our expense management service?
Access Workspace, our real-time expense management system, serves as a centralised platform for robust financial reporting and reimbursement. Tailored to suit your needs, it effectively monitors expenses against budgets.
Employees conveniently input their claims via desktop, laptop, or mobile devices, with Access Workspace tracking each step: submission, authorization, and payment details.
All expense records are securely stored in our management database, accessible round the clock to authorised personnel, providing real-time visibility and control over relocation expenses worldwide. As our client you will receive clear, precise financial insights through customised monthly or quarterly expense reports tailored to individual cases or your entire relocation portfolio. Additionally, benefit from compliant annual tax reporting for a comprehensive overview.
Every company has different expense management requirements. Our team of expense management advisors will work closely with you to develop an efficient and effective solution that is adaptable to your specific requirements.
Seeking global compliance and streamlined financial oversight for relocation expenses? Talk to LSS Relocation about our expense management service