COVER STORY | Expenses Platform


Eighty per cent of companies in the UK still use a paper spreadsheet or a paper expense report, which is crazy when you think about the available technology


DoF: What would you say to a small business that has been doing expense claims or invoicing on paper? Llewellyn: The first thing I would say is stop. It’s easier than you think it is to do, and it’s lower risk than you think, which means you can focus on the things you’re good at, things you want to be doing – not processing tasks which are a complete waste of time. It’s easier than you think to automate


your supplier and invoice process. A lot of SMEs think technology like this, automating your back-office process, is only available to big companies – and 10 years ago that was true. But cloud technology and mobile means


this CLAIMS Dafydd Lewelyn technology has flowed


downstream, so it’s a lot more cost effective than you think. SAP Concur runs a subscription-


based model, with no big set-up fees and short contract terms (as little as 90 days), which makes it less risky from a small


company’s


point of view. And it gets your


small business into best practice, such as reclaiming the right amount of VAT. Only 68 per cent of available VAT is reclaimed. If


you increase


that to 90 pe cent that goes on the bottom line, which justifies the cost of


using SAP Concur in the first place.


In short, SAP Concur


is easier than you think, it adopts a best- practice


approach


and it’s designed to be low risk.


DOFONLINE.COM DIRECTOR OF FINANCE 15


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