Expense claims reduced from $75 to $8
Necho Systems Corp.’s alliance with FEXCO VAT Refunds Unlimited means it can offer corporate customers an end-to-end outsourced solution for expense management and VAT recovery.
The company says the combined solution enables organizations to reduce processing costs from as much as $75 per expense claim to as little as $8 a claim. The system accomplishes this by eliminating the traditional, paper-based method of handling expense claims, according to Necho.
Necho says other savings are achieved by the uniform enforcement of spending policies and reports.
FEXCO VAT Refunds,a global specialist in the reclamation of business travel VAT, says it is now offering its services to corporate customers both in North America and Europe.
Necho Systems Corp. is a company that provides employee expense management solutions.
Strong synergies exist between FEXCO and Necho because both companies sell to the same decision makers in the corporate market — finance managers and travel managers.
Report by David Wilkening
David
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025