Concur Expense and Invoice Audit Services
As Concur-centric SAP Concur Implementation Partner and T&E and P2P domain experts, we bring you a comprehensive Expense and Invoice Audit Service designed to enhance accuracy, compliance, and efficiency in your financial operations.
Distinctive Capabilities of FinTrans Solutions
Tailored High-Performance Operating Model
At FinTrans Solutions, we understand the importance of speed and accuracy in the audit process. Our high-performance operating model is designed to accelerate the expense report and invoice audit and processing, reimbursement, and payment processes. This model is meticulously crafted to foster compliance and cover all essential back-office checks – our model not only standardised but also scalable. Our operating model is designed to
- Enhance process harmonisation and standardisation
- Increase transparency and internal compliance.
- Mitigate fraud and reduce operational costs.
- Improve operational efficiency.
- Uncover hidden insights through advanced analytics.
- Drive innovation to stimulate top-line growth.
Comprehensive Audit Focus Areas
Our audit services encompass a range of critical focus areas to ensure the highest standards of accuracy and compliance
- Accuracy Check: Scrutinising data for precision and correctness.
- Consistency Check: Verifying consistency across expense reports and invoices.
- Completeness Check: Ensuring all required receipt and invoice information is provided.
- Reasonableness Check: Assessing the reasonableness of claimed expenses and invoice amounts.
- Policy Alignment: Validating adherence to the Expense & Invoice Management policy in terms of entitlements and preventive controls (audit and validation rules, travel allowances, personal and company car mileage, matching conditions, etc.).
- Documentation & Scanned Image Check: Verifying supporting documentation and scanned images.
- Authenticity Check: Confirming the authenticity of submitted expenses (receipts) and invoices.
- Tax Reclamation (VAT/GST): Maximising the ability to reclaim applicable tax credit on spend, such as VAT/GST.
Expertise in SAP Concur Implementation & Integration
Our team comprises seasoned professionals with in-depth knowledge and hands-on experience in implementing and optimising SAP Concur Expense and Invoice modules. We leverage this expertise to seamlessly integrate audit solutions into your existing SAP Concur environment, ensuring a cohesive and efficient workflow.
Concur Expense and Invoice Audit Services
Benefits of FinTrans Solutions Audit Services
Enhanced Compliance
Ensure strict adherence to corporate policies and regulatory requirements, mitigating the risk of financial discrepancies.
Improved Accuracy
Leverage our expertise to enhance the accuracy of financial data, minimising errors and promoting confidence in your financial reporting.
Cost Savings
Identify potential cost-saving opportunities and minimise financial risks through rigorous auditing and compliance checks.
Accelerated Processing
Streamline expense report and invoice audit and processing timelines, improve productivity, reducing turnaround times for reimbursements and payments.
Seamless Integration
Our audit services seamlessly integrate with SAP Concur modules, preserving the integrity of your existing financial ecosystem
Partner with FinTrans Solutions to unlock the full potential of your SAP Concur Expense and Invoice Management processes. Trust us to deliver a tailored, high-performance audit solution that aligns with your unique business requirements and accelerates your financial operations.
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FinTrans Solutions is regarded as one of the most trusted SAP Concur CIP partners globally. FinTrans Solutions pioneered this domain in the Asian market with its client-centric approach and – since then – rapidly gained recognition for delivery excellence globally. We have consistently been able to build on our expertise and create a reputation for sound analysis, seamless end-to-end implementation, and rock-solid application maintenance support across the globe.