The financial value of better spend management in care

Explore the financial impact of outdated spend management – and how better financial control saves time, reduces costs and improves care delivery to benefit your bottom line.

Finance leaders across every industry are proactively controlling spend with Soldo.

Guide

The impact of poor spend control 

Poor visibility, slow reimbursement processes and outdated financial systems create unnecessary costs and inefficiencies. 

£301 billion

lost by European businesses each year due to inefficient expense processes.

£34 billion

of VAT left unclaimed each year, often due to receipt processing errors.

70% of employees 

would consider leaving due to continual reimbursement delays.

5% of revenue lost

to fraud, including expense fraud and untracked petty cash