Driving a 90% increase in receipts capture at Airco

One of the UK’s leading air conditioning and refrigeration service companies, Airco has over 170 employees. Mostly mobile engineers, making ad hoc purchases, travel, and overnight stays essential.
 

After a detailed investigation, accountabl helped Airco identify a lack of spend oversight, 50% of receipts unaccounted for, and inefficient back-office processes. We suggested swapping corporate credit cards with the accountabl system to capture receipts automatically.
 

Following a 2-month trial, receipt capture soared to 95%, expense forms were ousted, and the finance team could see spending in real-time.
 

Airco has rolled out the system across the company, saving the business thousands of pounds every month in lost VAT reclaims alone. It’s also allowed them to track the carbon footprint of their business purchases and travel, create compliant GHG reports, and futureproof against legislative changes. 


“We are always looking at ways to automate low-value, time-consuming tasks for our employees. Accountabl achieved this while increasing the control and oversight that we have over our finances.”
 

Neil Fisher, Managing Director, Airco