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Companies centralize and automate Expense Processing to reduce costs of manual processing and fraud. A global view of the data also helps to optimize expense management but local variations in regulation and practices complicate the task of automating expense management. Multinational card programs, when integrated with expense processing software, can sometimes help eliminate manual expense processing and integrate the data flowing from merchants. Reporting based on the consolidated data helps companies find opportunities for striking deals with airlines and hotel companies. Companies can also reduce their costs of currency conversion and banking charges. The practical challenges of implementing such systems are access to data from merchants who are bound by local laws and organizational practices. Nair & Co. assists clients in finding ways to deal with transaction data access in each country and to integrate it with their Enterprise Resource Planning (ERP) systems.
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Key Components
P11D reporting for U.K. employers has become increasingly stringent, and potentially costly with the HMRc...

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Key Components
Tracking expenses and calculating sales tax refunds is essential to the tax reports of a company but often leads to wastage...
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Key Components
Inefficient processes for expense report submissions, approvals and reimbursements can be expensive both...

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Nair & Co. Difference |
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| Nair & Co. operates in 40+ countries with currently over 700 operations globally. Our offices are located in the U.K., India, China, U.S., Japan, and Singapore. For our global offices directory, please visit Global Offices area. |
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+44 (0) 117.929.9661 |
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+1 408. 515.6887 |
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+1 239. 948.9820 |
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info@nair-co.com |
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