Baker Tilly Revas and Atlantic Global launch new Time and Expense Managed Service
Atlantic Global are pleased to announce that we have collaborated with Baker Tilly Revas to launch a new Time and Expenses service giving customers a cost efficient and easy to use staff time and expenses claim and payment back office.
Baker Tilly Revas is the outsourcing arm of Baker Tilly, a leading UK and international provider of accountancy and business advisory services. The new solution enables staff to record expenses over the web, and provides businesses with accurate VAT recovery, payment of only line manager-approved expenses, customised reporting and a secure online payment service from the Baker Tilly Revas accredited BACS bureaux.
Eugene Blaine, Managing Director of Atlantic Global, commented: “Although there are a number of time and expense systems on the market, none are capable of providing fraud control at the level of this system. The fact that it has been developed alongside Baker Tilly Revas adds a second level of customer confidence in the product given that Baker Tilly International is the 8th largest accountancy and business advisory network in the world. I am looking forward to working with SMEs to implement the service and am confident that it will be well received.”
Mark Holland, Managing Director of Baker Tilly Revas commented: “Customers have been talking to us for some time about needing back office support for time and expense claim and billing. Recharging time and expenses on to clients, and the knowledge and ability to reclaim VAT on mileage and expenses are important factors in monthly cash flow, as is understanding the true cost of staff time and expenses and ensuring complete visibility and control.
A recent survey revealed that 5% of travel claims are fraudulent, 92% of which never get caught by their employer. In addition 68% of UK organisations report that more than 10% of their expense claims fall outside their corporate Time and Expenses policy.
The Baker Tilly Revas / Atlantic Global solution has been designed to make controlling time and expenses as effective as possible. The key benefit of the Baker Tilly Revas / Atlantic Global solution is that it is accessible 24/7 from anywhere in the world, and has the back up and support of one of the largest and most trusted suppliers of accountancy and business services in the country.”
By using the Time and Expenses solution, Baker Tilly Revas / Atlantic Global can help decrease processing costs and improve policy management and control, ensuring compliance. This gives managers and staff more time to win business by optimising their finance and payment administration processes. For more information about the Baker Tilly Revas / Atlantic Global Time and Expense solution please contact Charles Harrington on 01473 269900 or visit www.revas.co.uk.
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