At the end of the day, someone will want to review your books. Wouldn’t it be great if you already knew they were in order?
Companies need formal processes due to regulatory compliance issues. They dread having to track down files, retrieve records from storage or page through stacks of paper just to prove transactions.
ExpenseWatch.com is designed from the ground up to meet audit and compliance requirements. An auditor or an accountant will want to see how you book revenue and how you deal with expenses. With ExpenseWatch.com, you either give them a login or download reports that let them see, in real-time, how you operate. You provide them with an airtight, 100% accurate, fully documented audit trail for all operating expenses with the click of a mouse.
At ExpenseWatch.com, we ensure compliance by delivering:
- Real-time visibility of transactions as they go through the system
- Documentary evidence against T&E expense reports
- Limitless data storage
- Visibility of all receipts, by line item
- The ability to attach documentation to purchasing transactions
- Control over vendor access
- Visibility of altered permissions and objects
Rigorous standards deter fraud. Because the system tracks all changes, auditors can actually see if the internal controls have been tampered with. Any variation or material deficiency will be visible right away.
& Compliance Requirements