FIVE YEARS OF RESEARCH

UK business bleeding cash due to expense mismanagement—Is yours one of them?

Explore how over 1,500 UK employees and managers are navigating corporate expense management in 2024. This comprehensive research uncovers how businesses are modernising their processes, where they still face hurdles, and what the future holds for expense management. 

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What the research reveals

From misuse of corporate cards to inflexible systems - how business is taking the next step. Whether you're managing a small team or a large corporation, these findings will help you stay ahead..

9/10

companies now have an expense policy in place, but 40% still use manual systems

1 in 3

employees have expensed items without prior approval, impacting company budgets.

13%

of employees admitted to expensing non-work-related purchases, highlighting a need for stricter controls.

6 out of 10

employees at small companies use their own money for business expenses, risking their personal finances. 

THE NEW WAY IS FLEXIBLE

The solution to better expense management

See how businesses leverage Caxton's innovative platform to manage multiple cards, offer prepaid cards and gain real-time visibility of spend, enhanced budget control, effortlessly navigate audits and more.

Could Caxton Expense Management work for your organisation?

Learn how Caxton can help you to transform efficiency and gain enhanced control over company spend. In just 30 minutes, you'll know if this solution meets your needs. Schedule a chat today.

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What our clients are saying

“We’ve been relying on Caxton for 8 years. It has simplified our processes, eliminating the need for manual reconciliation and lengthy spreadsheets.”

Finance Co-Ordinator

Weston College

“Ahmed was very helpful in sharing the different options around card types that Caxton would be able to supply us with, which enabled us to make a quick decision.”

Finance Lead

Rugby League World Cup

“I love being able to see
instantly the state of play in
real-time. Plus our finance
guys really appreciate not
having to carry out manual
reconciliations.”

Senior Finance Manager

Silver Birch Care

“The set-up has been really simple and the system and cards are so easy to use. I would highly recommend Caxton to my colleagues”

Senior Financial Manager

St Edmunds Catholic Academy

Experts in payments since 2002

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