McFIT saves up to 40% of time on its expense management process
McFit’s immense success is the result of a constant effort to think differently and set new goals. At the forefront of this is Chantal Garicano, the head of the Administration and Finance department at McFIT. She applied McFIT’s revolutionary spirit when she transformed the company’s expense management process.
Challenge
- Colleagues from the accounting department were spending a full day on processing expenses.
- Traveling employees had to manually fill out expense reports in an excel sheet.
- Traveling employees needed to keep all the corresponding physical receipts to be verified and accounted for.
Why Rydoo?
- Chantal didn’t want a complex system or a really time-consuming implementation project.
- The general manager thought the tool was ”brilliant”, he really liked the international aspect of Rydoo.
- She wanted to be able to easily calculate the project’s final cost.
Results
- The expense management process is now more efficient and paperless.
- Rydoo was implemented in 8 weeks.
- The finance team has saved approximately 25-40% of its time processing expensing.
- The accounting department has reduced its level of manual work.
- Rydoo’s integration with SAP has increased data traceability and general-spending visibility.
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