How Deloitte Helped Rydoo Optimise the Per diems Module
Why is using per diems an asset to your company? How does Rydoo’s platform help managing them? And how trustworthy is the platform?
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Demystify and uncomplicate once and for all the bureaucracy behind per diems.
Why is using per diems an asset to your company? How does Rydoo’s platform help managing them? And how trustworthy is the platform?
Why is using per diems an asset to your company? How does Rydoo’s platform help managing them? And how trustworthy is the platform?
More and more employees need to travel for work reasons. As such, companies have to cover the expenses of these trips, on many occasions through the Per Diem allowances, but what are exactly the Per diems? Per Diems are fixed amounts of money that an employee can spend during a business trip. These
A Per Diem or daily allowance is a specific amount of money an organization gives an individual, often an employee, per day to cover living expenses when traveling for work. Working with Per Diem rates can be easier for your company, as it eliminates the need for employees to prepare, and employers to scrutinise, a detailed expense report with supporting receipts to document amounts spent while traveling on business. Learn more about working with Per Diems in Germany in our Per Diems for Dummies series.
It may be that “not all those who wander are lost” according to Bilbo Baggins but with the plethora of rules and regulations currently governing per diems, reimbursements, scale rate payments, and round sum allowances in the U.K, it’s very easy to go astray when you travel on business. But
Take it from someone who knows, “the hardest thing in the world to understand is income taxes” for not only is tax law as convoluted as a labyrinth but it may change from one year to the next. Of course, that someone was Albert Einstein. So if you find the tax rules governing business deductions
Do you know what are “Per Diems”? Do you know how they work and how your company can benefit from its use? Get these answers and much more.
Discover what is the three-month rule (“Dreimonatsfrist”), which conditions Rydoo use to detect it and see some real life examples.
Learn how Rydoo empowers your German Finance team with Rydoo’s Per diem engine, and the 3-month rule report based on your needs.