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Need help to audit and process your employee expense claims?
FEXCO provides a comprehensive range of auditing services for proactive companies wishing to outsource. Our
services are tailored to meet customer needs, provide optimum cost-effectiveness, rigorous auditing and complete
transparency.
Whether your company has an automated expense management system in place or files expense claims manually,
FEXCO can provide an auditing service to meet your company’s particular needs.
Why Audit?
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Few companies fully audit their employees travel expense claims yet employee fraud has increased over
50% in the last 10 years.
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One in five employees have witnessed or been involved in theft from their company
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Legislation (e.g. Sarbanes Oxley) demand sound fiscal controls and corporate governance - failure to comply incurs penalties
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Ensuring compliance with your company’s policies sets the tone for your company culture in respect of control and management.
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FEXCO handles the end to end process and the spectrum of audit services. e.g.
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Basic Receipt Match
Receipt and claim value match.
Required receipts based on policy.
100% or spot audit.
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Fraud Audit
Duplicate expenses.
Personal expenses.
False expenses / padding.
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Compliance Audit
Proper receipt/documentation.
Expense within company policy.
Reasonableness
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Specialised Audits
Selected individuals.
Selected expense types.
VAT audits.
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Please contact us to discuss how FEXCO can meet your company's needs.
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