Selenity expands Expedite receipt outsourcing service
Lincoln, January 2016, Selenity (formerly Software Europe), provider of cloud technology for people, expenses and contracts, has appointed Adam Bamford as Expedite Services Manager to lead the company’s rapidly growing, fully outsourced expenses service, Expenses Expedite. Adam also joins Selenity’s 7-person executive team, which includes chief executive, Neil Everatt.
Expenses Expedite is a flexible outsourcing service which takes ownership of staff expenses receipts, with the team of experts at Selenity accepting receipts digitally via Selenity’s app and scanning receipts received by post. The team then validates receipts against submitted claims and checks for compliance with HMRC rules. Plus, the team can reimburse expenses to employees directly into their chosen bank accounts.
Adam will be responsible for overseeing the ongoing successful operation of the service, providing support to existing customers and helping to improve the efficiency and effectiveness of the service using new automation technologies. Already in use by a number of commercial and public sector companies, Selenity is planning to triple its customers using the service by the end of 2016 as payroll teams try to move away from the burden of managing staff expenses themselves.
“Typically, we see that businesses are either not reclaiming VAT on staff expenses for fear of over-claiming or they’re claiming VAT on all staff expenses receipts and taking the risk of a HMRC challenge,” says Adam Bamford, Expedite Services Manager, Selenity. “Handling staff expenses is cumbersome and time-consuming and not all businesses can manage it correctly without considerable time and investment. But, by working through Selenity, we can remove the burden for them.
Our Expenses cloud service enables customers to submit claims and then submit supporting receipts digitally or via post. We then scan, validate, check compliance and pay those claims. We review each receipt using a 16-point checklist to ensure that they meet HMRC’s requirements for VAT reclaim along with other checks. Plus, we complete the whole process in just 2-working days.”
Adam adds: “HMRC rules on expenses and benefits have been under review. This year alone we will see the introduction of Payrolling Benefits in Kind and the removal of dispensations in relation to expenses or benefits. For SMBs particularly, it’s tough to keep up with the regulations. By outsourcing staff expenses to Selenity we ensure claims are compliant with the latest rules, protect customers in the process and reduce the admin burden.”
For more information or to discuss the announcement in more details, please contact Martine Levene on 07714 772 362 / firstname.lastname@example.org or Dave Wedderburn on 07525 589 786 / email@example.com