Tickets digitiz by the Captio expense management first expense platform will now have the same legal validity as the original documents
The Spanish Tax Agency has approv the Captio expense management platform as the first to offer certifi digitalisation of receipts.
The use of tickets as proof of expenses incurr by sales agents – or any worker who travels – during the course of their work is common in the expense reimbursement processes of many companies. Through mobile technology, Captio digitizes tickets and automates the process of creating, claiming and monitoring expense reports.
Approval by the Tax Agency allows
Captio to consider the tickets list of hong kong consumer email digitaliz as documents with the same legal validity and tax effects as the original documents. In this way, the expense management platform takes its commitment to eliminating paper one step further , allowing companies to do away with original expense receipts for all purposes.
This closes the cycle that allows the entire process of managing company expenses to be consider digital, from reporting to accounting. Paper exists until the cashier hands the expense receipt to the employee who incurr it. Once captur with the smartphone, it is no longer necessary. The reporting, checking, validation of expense notes and their subsequent accounting are integrat into a digital environment. With certification, images stor in the cloud replace the original documents in the event of any type of audit.
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Captio’s commitment revolutionises the management of company expenses, a process that is still today a refuge for inefficient and paper-bas flows. With the project just over a year old, Captio first expense continues to atb directory add functionalities to a product that has so far won clients such as Telefónica, Bankinter, Cofidis and Lyreco.
To inform about how this new functionality affects inspections and audits, Captio has launch a new infographic: “ 10 things you should know so that your travel expenses do not ruin an audit.