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Last updated: 22 February 2012 at 21:59

Reducing direct and indirect costs

The reimbursement of business expenses to employees represents a genuine cost and time challenge for all sizes of business.

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Recent research suggests that the cost of processing claims in-house can be as high as £45 to process a single claim.

Cobia's expense management solution can help remove this burden - giving you more time to concentrate on strategic, business critical activity that will add real value to your business.

The benefits of outsourcing business expense claims to Cobia include:

  • No more paper processing;
  • Improved control and audit of expenses claimed;
  • Reduction in unnecessary tax and NIC liabilities;
  • Identification of inconsistencies with policy compliance;
  • Enhanced reporting and analysis;
  • Improved control of VAT recovery;
  • Improved level of service to employees; and
  • Confidence in relation to tax and NIC compliance.

Our solutions include online and paper based systems and experience suggests that savings of up to 68% over your existing costs can be achieved.

For further information please contact the Cobia team on 0845 226 0580 or email info@cobia-uk.com

© Cobia Ltd. All rights reserved. Cobia Ltd is registered in England and Wales with registered number 6612499 and its registered office is Kemp House, 152–160 City Road, London EC1V 2DW, United Kingdom.