Close this search box.

How to minimize your workload with controlling and approval of expenses

An expense from an employee outlay may require controlling to be approved. However, control of transactions on company credit cards can be digital.
coworkers on their phone


What do you think employees and managers prefer to spend their time doing? Controlling and approving expenses or doing their “actual” job? Your answer is probably the latter. I will go ahead and state that the answer would be the same for everyone else.

I will be the first to admit that the question is a caricature. But, of course, no one wants to spend too much time controlling and approving expenses.

Many people spend a disproportionate amount of time on this particular task. These are often employees in senior positions. Employees who may be employed to develop and grow the organization – not to perform manual control work.

Hvis din virksomhed kan genkende ovenstående scenarie, så har vi gode nyheder. Det er muligt at lette den administrative arbejdsbyrde omkring både dokumentation, kontrol og bogføring af udgifter, således at virksomheder og medarbejdere kan bruge deres tid på værdiskabelse. I dette blogindlæg præsenterer jeg Visma Acubiz’ bud på hvordan du kan minimere arbejdsbyrden med kontrol og godkendelse af bilag.

Time is money

Let me start by challenging the very existence of this blog post by asking the question:

Is the time aspect of controlling and approving expenses a challenge at all?

I understand if you ask yourself that question. It can’t be that big of a problem, right? It is certainly not the biggest challenge facing companies either. Far from. When we write a blog post on the subject, it is because we meet companies that spend too much time on it and have issues complying with their own policies regarding control and approval.

It takes time for an employee to check and approve expenses. This applies both to the employee in the finance department, who must review and bookkeep the expense, but it also applies to the manager, who must approve it. If your company still handles expenses manually with physical receipts and excel sheets, then the time consumption is simply even greater. Plus, it increases the risk of errors.

Det er ikke spild af tid at kontrollere og godkende udgifter. Det anbefaler vi, at du gør. Men det er spild af tid at bruge for meget tid på det. Det kan gøres smartere. Arbejdsbyrden til dét kan minimeres.

According to users of Acubiz, there is almost nothing more frustrating than managers who are slow to approve their expenses – especially if it is out-of-pocket expenses. The manager may be slow because he or she knows the task is tedious. However, if something is a source of frustration for employees, it must be taken care of as soon as possible. One solution could be to give the manager a tool that makes approval easy, fast, and straightforward.

The solution is direct bookkeeping and intelligent automation

An expense from a cash outlay may require a visual inspection to be approved. In contrast, control of transactions on company credit cards can take place entirely digitally. Let’s take an example based on Acubiz:

An employee buys a cup of coffee for DKK 30 on his company card and registers it in Acubiz. Data from the card issuer also shows that an employee purchased something for DKK 30 at a gas station.

With the example above, there is an overwhelming probability that the registration was done correctly, which is why letting the expense pass directly to bookkeeping makes sense. It, therefore, does not make sense to control this expense. Also, it is possible to use the digital trail that the expense leaves along the way. Having the digital trail is something that makes work easier for both the manager and the finance department. The manager does not have to spend time approving, and the financial officer does not necessarily need to carry out a check.

Let the office robot be a helping hand

You might think that the abovementioned example only represents a small number of transactions in your organization. You may be right. It is only possible to use this method for some purchases. However, there are still ways in which companies can set up various automations that remove some of the waste of resources.

At Acubiz, we use Robotic Process Automation to automate the approval process. Our service, Company Policy Manager, enables companies to post certain documents automatically, while others still need approval. Our robot can also be set up in accordance with your own company rules so that it will be easier to ensure compliance with them.

Minimizing fraud is an added benefit

A lack of control is, in many cases, unfortunately also equal to increased fraud. We have previously written an entire blog post on the subject, and most recently, Frihedsbrevet revealed a municipal manager was linked to an extensive expense mess of several DKK 100,000. In that case, the workload with checking and approving attachments has not been overwhelming – it has been decidedly absent.

Acubiz makes it possible to efficiently put control and approval of expenses into the system. But, of course, we cannot prevent fraud from occurring. But when this happens, our solution allows insight into the transactions’ documentation. This makes it easier to identify whether there has been a breach of rules and guidelines. The solution can also be set up to warn about abnormal consumption – even down to the user level.

Get help to minimize the workload

For at svare på mit indledende spørgsmål. Ja, det tidsmæssige aspekt er en udfordring. Vi kender til virksomheder der kæmper med problemstillingen på daglig basis. Vi kender også løsningen til at minimere arbejdsbyrden.

Look at systems that can ease the administrative workload around documentation, control, and bookkeeping of expenses. Acubiz is one of the many reasonable solutions in the area. We have helped companies digitize and streamline company processes regarding expense management for more than 25 years.

Related articles

New Bookkeeping Act: Discover the Benefits of an Approved Digital Accounting Program

The new bookkeeping act requires digital accounting, placing specific demands on the software you use. Choosing an approved digital accounting program ensures compliance, saves time and money, guarantees a backup of your records, and enhances the security of your financial data.

Your Accounting Must Be Digital: The New Bookkeeping Act

The bookkeeping act needed modernization to stay current, which led to the implementation of a new bookkeeping act on July 1, 2022. According to the new bookkeeping act, your accounting must be digital, which places specific requirements on the accounting software you use. If you manage your bookkeeping in Excel, it is very likely that you will not meet the new law’s digitalization requirements.

“Hveder” should still be enjoyed on a day off

On the last day of February this year, Store Bededag (Great Prayer Day) was abolished as a public holiday in 2024 by a majority in the Danish Parliament. However, at Visma Acubiz, we still believe that “Hveder” should be savored on a day off.

Are you ready for the new time registration law?

The new law on time registration has been adopted and will enter into force on 1 July 2024. The law outlines employees’ rights to rest periods and days off to protect them against working overtime. What does this new law mean for you as an employee or manager? We’ll try to answer that.

Visma Acubiz enters into a strategic partnership with TIMEmSYSTEM, which will elevate the offering of solutions for time registration to new heights.

Visma Acubiz and TIMEmSYSTEM are proudly introducing our partnership mTIME – the ultimate time registration system offering both high functionality and unmatched flexibility. Streamline your workflow effortlessly with features like automated holiday calculations, diverse employment term support, and seamless leave management. Say goodbye to obstacles and hello to productivity!