The relocation process is accompanied by a number of immediate expenses, such as the security deposit for the new home, agent’s commission, government fees and similar.
Corporations are often not set-up for instant expense processing. To avoid unnecessary problems, make use of our “Relocation Expense Management” program.
Availability of case-related relocation funds in a dedicated account allows for fast settlement of financial obligations. Invoice checking & approval as well as processing of differences and claims are part of our service.
Upon completion of each relocation process, a case-related reconciliation of funds is done.
Monthly reconciliation of all client accounts as well as inclusion in the annual audit of the client company assures a highly professional process and complete compliance and transparency between the client’s HR- / Finance-department and the Welcome Relocation Center®.
Relocation Expense Management
- Procedure development
- Verify / examine relocation-related invoices
- Clarify unclear / faulty invoices
- Timely payment of invoices
- Funds reconciliation
- Monthly expense payments (rent, utilities etc.)