The expenses system is something the business world has learned to loathe. If it was a marriage, the two sides could be found glowering at each other from either side of a divorce court.
Author Adam Reynolds
Adam Reynolds examines the issue of honesty, something required by all businesses to deal with big problems such as expenses fraud.
With a number of high-profile cases seemingly normalising expenses abuse, Adam Reynolds explains why workplace culture is key to fighting fraud.
A finance team is the engine room that drives any growing business. They are able to optimise performance, to maintain efficiency and harness the power an organisation needs to push on.
The role finance professionals are playing within our businesses is changing. We are rapidly moving away from those days when they were still viewed as back-office number crunchers, and towards digital working.
When employees are prosecuted for falsifying or exaggerating business expenses claims, there are a number of charges they can face. It may be dealt with as “false accounting”, under the Theft Act 1968, or as an offence covered by the Fraud Act 2006.
All too often, an expenses policy is treated as more of a box-ticking exercise than a genuine attempt to manage employee expenses, explains webexpenses CEO Adam Reynolds.
For business leaders in need of software investment guidance, webexpenses CEO Adam Reynolds provides some insight on finding the right deal and making sure it produces the benefits it should.
When people talk about the benefits of digital information, it’s speed and efficiency they tend to focus on – and rightly so. It’s the ability to instantly share digital data which is helping to transform just about every aspect of our lives – including the way we work.
Albert Einstein once stated that, “the hardest thing in the world to understand is income tax”. And when the genius who created the Theory of Relativity finds tax baffling, Adam Reynolds asks – what hope is there for our SMEs?
Running a business is a "risk-reward proposition" – it’s finding the right balance between the potential risks and benefits of each and every decision you’re faced with. But policy and compliance is one area where you simply can’t afford to take chances.
Look at today’s most successful growing companies and you see some common traits. You see those organisations best able to adapt, react and respond to the turbulent changes brought about by digital technology, explains webexpenses CEO Adam Reynolds.