Global expenses app, ExpenseOnDemand, has published some of the most ‘bogus’ employee expense claims and how the leading automated tech solution has flagged these to employees and saved businesses thousands every year. According to a recent survey* businesses are losing over £2bn in employee expense fraud but cutting-edge tech is rapidly putting an end to this spending spree.

The data published showed some extraordinary claims including a belly dancer receipt for over £2,500 added to a hotel expense, £950 for a single taxi journey and £800 for a hairdresser. Another client had seen huge savings after as groups of employees had been overcharging for business mileage with the total claim reaching £1.2m but once analysed through the app this was reduced to £800k. A multi-national firm quickly adopted the client tracking functionality on the app when their entertainment expenses claims totalled over £2m in 12 months. Employees had to add the names of client who attended for the claims to be processed and the total dropped by 50% within the next 12 months.

Since the start of the pandemic the global expenses app has been updated to make it easier for the new working normal as offices stay closed, employees work from home and businesses are turning to technology for simpler and automated solutions. ExpenseOnDemand integrates and transfers data between Xero/Sage and QuickBooks ensuring the app remains a market leading solution for businesses around the globe and that it continues to work seamlessly while offering a secure and safe service for remote employees in multiple locations.

Sunil Nigam, Founder at ExpenseOnDemand, commented, “Employee claims has always been difficult to monitor and manage especially when you have a larger workforce. Our cutting-edge tech is helping firms automate processes and easily authenticate claims often saving them thousands or even millions in costs every year.

ExpenseOnDemand will allow you to automate all your staff expenses and we pride ourselves on ensuring our tech is market-leading and our costs are not only completely transparent but also very competitive. We offer a 30 day free trial, with the option to “pay as you use” model, allowing our clients to have flexibility and reassurance that they aren’t tied into a long-term commitment.”