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Winterflood Securities, a leading UK-based securities trading firm, was overwhelmed by the volume of expense claims processed manually by its trading teams. The result:
Delays in reimbursements
Frustrated employees
Heightened compliance risk
Difficulty managing multi-team expenses under tight regulatory standards
💡The Solution
Winterflood implemented ExpenseOnDemand, integrating the platform into their financial ecosystem. Key capabilities included:
Mobile and desktop receipt capture
Automated approval workflows
Real-time policy enforcement
Live dashboards for finance oversight
Full integration with internal financial systems
📈The Results
70% Reduction in Processing Time Expense approvals dropped from 7–10 days to just 2–3 days post-implementation.
40% Increase in Policy Compliance Automation cut non-compliant claims from 18% to 7%, and now flags 3 duplicate claims monthly—missed earlier in manual checks
Estimated £45,000 Annual Cost Saving Saved time, fewer errors, and avoided non-compliant payouts enabled finance to focus on strategic tasks over manual work.
Improved Financial Visibility Real-time dashboards gave instant access to team and departmental spend
With ExpenseOnDemand, we’ve streamlined our expense management process and improved compliance across the board. The automated workflows and real-time insights have made a significant difference in how we manage expenses, ensuring efficiency and accuracy. The platform’s flexibility has been a great asset to us.
- Finance Director,Winter flood Securities
ExpenseOnDemand (FRN: 1012419) is an agent of Moneyhub Financial Technology Ltd. ( FRN: 809360), an authorised payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017. Through ExpenseOnDemand as its agent, Moneyhub provides you with regulated account information services.