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KAB

KAB improves financial system and employee well-being with Acubiz

Expense handling at KAB used to be a time-consuming and frustrating process, topping the list of tedious tasks. It was manual, cumbersome, and slow. But today, they handle all expenses digitally through the Acubiz App. According to the employees, it’s user-friendly, easy, and fast. The new digital approach has given the finance department better oversight and structure. Budget tracking has become easier, and overall financial management has been enhanced as a result.

Facts about KAB

Customer

KAB

Mission

KAB has roots back to 1920 when it was founded in Copenhagen with a vision to create good housing conditions for society.

Industry

Real Estate Management

Solution

Acubiz Advanced

From an unwanted task to quick and easy execution

Before Acubiz was implemented, the expense handling process at KAB was manual and slow. With a cash register in the office and limited opening hours, it was cumbersome for the employees’ daily routines.

They had to queue, fill out forms, and get them signed by their leaders, which often was seen as a burden.

The workflow was not popular among the employees. Louise Østvand, Team Manager at KAB, expresses the frustration:

“It was a very manual process where I personally often tried to avoid having expenses because it was simply too cumbersome.“

But with Acubiz, it’s turned upside down. The process is now quick and user-friendly, and it’s no longer demotivating and dull to reimburse expenses or mileage.

 

“When I buy breakfast for my employees, I just take a picture of the receipt, and 10 seconds later, I have registered all the data”

Louise Østvand

Team Manager, KAB

Overview, Structure, and Satisfied Employees

The benefits of Acubiz? Yes, they’ve been unmistakable for KAB. From a time perspective, they’ve freed up about a third of the work time previously spent on expense management.

“It has become easier for the finance department to bookkeeping, it’s become easier to maintain, it provides a better overview and a clearer structure – and last but not least, it’s become easier to do our budget tracking and overall financial management. I can also mention that our employees are happier now,” explains Sebastian Schrøder, Controller at KAB.

The primary objective was to ease daily life for both internal and decentral employees, as well as resident-elected board members, by offering a user-friendly solution for expense handling.

And this goal has been successfully met.

Acubiz has created a more efficient and satisfactory working environment, where employees can focus on their primary tasks without being hindered by administrative hassles.

Read more about KAB on their website.

 

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