By streamlining the expense management process for contractors, our expense management system has the power to make a real difference to profitability. As well as lowering costs and improving compliance, Oncore helps to eliminate fraud and gives real-time visibility into where contingent workforce money is spent.
Expenses are collected against specific contracts and projects and are separated into client paid expenses and packaged expenses, with relevant expenses being sent to approvers for sign off. This eliminates the administration headaches of scanning, collating and copying expense items manually.
The expense process flow
The expense processing system flow is designed to minimise administration costs and improve communication between contractors and approvers:
Contractor – scans receipts and uploads for approval against relevant contract.
Approver – Designated approver notified of expenses needing approving; receives online report showing all expenses against contract and contractor.
Client – Receives online capture and approval, with centralised reporting of expenses.