eVolution automates the processes for submitting, authorising, analysing reimbursing and auditing employee, project, departmental and location business expenses.

This simple to use multi-currency system streamlines the process, ensures accuracy of cost allocations and reduces the processing cost per form. The system can be used to process authorisations pre and post-expenditure.

Any currency can be used as the Base Accounting currency.

Key Features

eVolution has extensive features to:

(1) Reduce submission errors through validation at point-of-entry of VAT, mileage, currency calculations and allocation to projects/departments;

(2) Improve control through the routing of requests and claims to the appropriate manager based on size and type of expense(s). Submissions can be be accepted or rejected by managers prior/after receipt by Finance. Rejected submissions can be corrected online and, if appropriate, resubmitted;

(3) Ensure compliance with both HMRC and company policy;

(4) Verify receipts. eVolution holds all receipts electronically;

(5) convert to the base currency from any number of other currencies. Updates to conversion rates are maintained by the user.

Benefits

eVolution is the perfect tool to:

(1) reduce expense claim processing costs;
(2) improve financial and audit controls;
(3) enforce compliance and improve policy management;
(4) analyse expenditure.