Summary

The client has a business footprint spanning eleven countries across four continents; the Client has grown over 30 years to become a leading financial services corporation with access to emerging and frontier markets. Drawing on a proven track record & a team of more than 3000 talented employees, they provide a wide spectrum of financial services that include investment banking, asset management, securities brokerage, research, and private equity.

Challenges

Managing the Travel and Expenses of more than 3000 employees is a daunting task for the admin and accounts team. They needed a robust solution to handle this load and process the entire transaction with a click of few buttons.

Solution

AscenWork Technologies provided an end-to-end Travel and Expense Management Solution for the Client. The solution caters to streamline and automate the submission and approval process of travel and expense types. Expenses include travel, lodging, car rentals, meals, mobile claims, etc. It focuses on restructuring the Client’s present Business travels and expenses to cut losses and maximize profits. It is an integrated solution that helped the Client save time and money, accounted for every spend during every step of the business journey before, during, and after the trip.

Benefits

• Tour Planning
• Ticket Booking
• Travel Approval
• Integrated Billing
• Manage Travel Calendar
• Corporate Card Integration
• Audit Processing
• Detailed Expense Claims
• Foreign exchange Calculation
• Configurable Approval Workflow
• Easy Reimbursement Procedure
• Centralized Policy Management