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

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..

Key Findings:

• 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. 

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