Expense Recording

How expense recording creates added value

Expenses are recorded in Vertec in the same way as  Performance recording . You can enter service expenses independently of services or integrate them into individual services. Thank to the Vertec Phone App, the mobile entering of expenses is convenient. Enter expenses are immediately available for further processing.

• Define internal processes for travel expenses and expenses
• Submit expenses collected by report
• Create travel expense statement with Vertec

This is how expense recording works

Define individual processes for travel expenses and expenses

Easy expense recording with Vertec: You can decide whether expenses entered need to be approved internally or charged directly. For various expenses, such as rail travel or food, you can centrally determine whether or not they will be reimbursed to your employees. The recording currency in which the employee is reimbursed may differ from the invoicing currency.

Automatic receipt recognition with AI

Automatic receipt recognition speeds up expense capture through the use of Artificial Intelligence. Read more in our blog post  Efficient expense recording thanks to receipt recognition with ai

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Submit expenses collected by report

Once an employee has recorded all expenses in Vertec, they can view their reimbursable expenses at any time. Submit expenses to the employer can be done in just a few steps using a standard report.

Create travel expense statement with Vertec

For the travel expense report, you first create a travel expense report template in your template directory. This template is then run on an individual employee and automatically includes the address stored for that employee. After completing the report, Vertec creates a corresponding expense.