Expense Management Love Stories

It’s a Match: Rydoo’s Expense Management Love Stories

Written by
Renata is Content Marketer at Rydoo.

When you can’t get a restaurant reservation anywhere, your feed is flooded with couples’ pictures and you see people carrying gift bags around town, you know it’s Valentine’s day.

The love bug caught us as well, so we decided to share with you some Rydoo’ Expense Management love stories that, just like many of the modern fairy tales, also started with a perfect match.

Learn how leading companies from different industries fell in love at first sight demo with Rydoo.

The Expense Management at Burger King

Financial Controller René Gotza has been working in the leading fast-food chain Burger King (German branch) since late 2016. He was part of the Rydoo project there and shared firsthand with us the outstanding improvements brought by Rydoo to Burger King’s finance department: 

  • A significant drop in error rate 
  • Reduction in the finance processing time of 80% 
  • Transparency went from zero to 100% 
  • From 2-3 days checking expenses to 2-4 hours 

“From a simple time-saving point of view, Rydoo has been transformative,” said René. 

 

 

Read Burger King’s full case study here.

The Expense Management at Arjo

Arjo is a global company that helps professionals across care environments to raise the standard of safe and dignified care. The experienced finance executive Chris Walker, Project Lead Accounts Payable at Arjo, had Rydoo’s implementation as one of his first projects at the company in early 2019 and shared with us the great results achieved: 

  • Overdue expenses reduced by 70%-80% 
  • 3K expenses processed monthly with a full audit trail 
  • 80% quicker to submit expenses compared to the former paper process 
  • Zero out-of-policy expenses are reimbursed by mistake 
  • 90% reduction in expense queries

Another major win for the finance department is to clearly see where money is spent: “The reporting from Rydoo allows us to understand spend in more detail – the categories are customizable to our needs and we can provide accurate reporting,” says Walker.  

 

 

Read Arjo's full case study

The Expense Management at Mazars

Mazars’s CFO Christopher Korduan joined Mazars over 7 years ago as a Finance Controller and now he’s leading the entire finance team. His journey in the blue-ribbon consultancy company gave him a detailed 360º overview of the challenges his finance department faces and how it can be improved. Expense management was on the list.

“Expense management plays an essential role in our core business. Here we regularly show our clients potential improvements. Rydoo ensured the right level of efficiency. Before the changeover, it took, on average, 4 months from the time of a trip to the time of billing. We were able to reduce this value significantly,” says Korduan and there’s more:

  • All accounts with Rydoo are GDPR compliant in Germany 
  • 100% transparency and complete control over expense management 
  • Fast implementation and adoption 

Korduan added “in my opinion, this is the greatest compliment: at Mazars we not only use Rydoo ourselves, but are so convinced of the range of functions that we actively recommend the app.” 

 

Read Mazars’ full case study here.

There’s no need to drool

Reading all these love stories might be tough if you’re single… After all, it’s so good to have an expense management tool to call yours, right? 

If you’re interested to learn more about how your business could benefit from Rydoo and if we’re a perfect match, have a quick check with our specialists. Hopefully, you’ll be head over heels after it. 

On the other hand, if you’re playing hard to get, we get it, we got our game on. We got more great success stories from leading companies that transformed their expense management with Rydoo and their digital transformation journey strategies. Check them out. 

Happy Valentine’s!

Originally published , modified

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