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Nationwide partners with KDS to overhaul expense process

Building society Nationwide has chosen KDS to overhaul its employee expense process.

Using KDS Neo Expense, around 18,000 Nationwide staff are now able to manage and submit their expenses in real-time.

The initiative will see that travel and expense management firm process over 5,000 employee travel expenses a month.

KDS Neo enables staff to photograph receipts and input expenses ‘on the go’ using a mobile app and the camera on their phone.

Muir Mathieson, divisional director of financial control and information management at Nationwide said: “By streamlining our expense process we’ve been able to reduce errors and improve control and quality of receipts. 

“Our employees are happier because the process is much simpler, approval is easier and they get reimbursed faster.  And, our auditors are delighted as it gives them better visibility of spend for management, group tax and ultimately HMRC.”

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