The most advanced solution available to request, approve and track gifts, travel, hospitality and other compliance related expenses.
The benefits and value of managing gifts, travel, donations and entertainment:
- Managing the giving of 'anything of value' to a government official needs to be strictly controlled in most compliance programmes. The GTE® module of the ComplianceDesktop® | Compliance Technology Platform are available to manage this risk.
- The GTE® features allow you to setup a series of rules and approval levels for all types of benefits being given to government officials (or anyone).
- The GTE® features are linked into your expense claim system or ERP systems, so that you can have an approval system and reimbursement system linked together.
Are you ready for the GTE® installation? ask yourself these questions:
- Do you have clear guidance on who can give gifts etc.?
- Do you know when these should be acceptable?
- Do you have country or regional limits on the value of a GTE expense? Are these annual, daily or cumulative limits?
- How do approvals work? Which group needs to see or approve certain types of expenses?
- How should these be reported?
- Will the recipient be entitled to receive above the limit with approvals?
- Is every expense being recorded or just those above the limits?
- Do these rules apply to simple meals after a business meeting?
- What happens to the data and who can access it?