When employees relocate, they inevitably create a complex, individual and variable trail of expenses. A trail that needs to be checked, paid, reconciled, and reported. The consequences of mismanaging this trail can create a spiral of confusion and complaints both by your assignee and internal departments. ME Relocation’s expense management services will help you manage this trail and make sure you get the money right.
So how do we make sure we get the money right? ME Relocation’s expense management service breaks down into three interconnected areas:
- Consultancy
- Payment
- Compliance
At the consultancy stage, we map your processes to ensure when we start relocation expense management for you, everything works the way you work meaning minimum disruption to your current process. Also during the consultancy stage, we can advise on the drafting and content of your policy documents and help with your budget planning.
The accurate receipt, recording, and payment of supplier invoices and assignee expense claims are the heart of our offering. Our online system allows all parties concerned to accurately upload, check, approve, and follow all expense trails from expenditure to payment.
The final stage is compliance. Our reporting will give you all tax, audit, and compliance data you need for payroll, accounting, and procurement. We guarantee accurate and precise reporting to avoid year-end headaches, infrequent reconciliations, and improper tax filings around the world.
