Yes, Ineo Financial Services can make payments in most foreign currencies. However, some countries have restrictions that prevent us from getting funds there, which are constantly changing. Please contact us if you’d like to inquire about different currencies and currency conversions in a specific location. We can also make tax payments to most taxing jurisdictions, where applicable.
Global Expense Management
A single partner you can trust to manage expenses and ensure compliance with your global mobility expense management requirements.
Contact usOur Global Mobility Expense Management System
Managing global expenses for your mobility program can be a challenge — especially when it comes to ensuring compliance with corporate policy, maintaining accurate reporting for tax purposes, and staying efficient to ensure payments are processed in a timely manner. Instead, unburden your internal resources and outsource your global expense management to Ineo, a partner you can trust.
When you partner with Ineo Financial Services, you can ensure human resource mandates and payroll reporting are accurate and in full compliance with tax regulations around the globe. Ineo is a CPA-led, CPA-designed, and CPA-built company with controls and procedures for global mobility financial transactions. Our global expense management solution also leverages our leading-edge expense management software and our experts have years of experience in the field, giving you peace of mind.
Whether you only need one expense management service to improve your process or you are looking for support with all aspects of expense management, we are here for you.
Transaction Audits & Compliance Review
Staying in control of your program budget means being conscious of where money is spent. As part of our global mobility expense processing services, Ineo’s experts can help you audit transactions to catch duplicate or erroneous expenses and ensure that all expenses comply with company policy and stay within budget.
FAR, FTR-GSA, WTA/RITA
Don’t let all of the regulations associated with global mobility expenses become a burden on your accounting and finance teams or your employees. At Ineo, we are skilled in understanding these regulations and meeting the reporting needs while staying compliant—so you don’t have to.
Payment Processing & Expense Management
Efficient payment is essential to keep your mobile employees and vendors satisfied. Ineo can help you provide timely payments for supplier partners and assignees/transferees globally. We offer multiple different payment options including checks, ACHs (both US & Canada), and international wire transfers in all non-exotic currencies.
Budget Calculations, Cost Management & Ongoing Administration
The key to keeping your mobility program on budget is managing business expenses compared to the budget, policy caps, and cost estimates. Ineo’s system creates budget vs. actual reports and flags over-budget expenses, requiring an exception or rejection based on company policies. Our experts can also estimate tax liability and always have global tax laws at hand to help you stay in compliance.
Lump Sum Calculations & Ongoing Administration
Instead of reviewing each individual expense/receipt, there is a better way to keep all employee funds/lump sums within the parameters of company policy. As part of our expense management solution, Ineo’s Lump Sum calculator lets you easily input policy parameters and calculate home finding, temporary living, and final move costs. You can also run multiple iterations of a calculation to consider additional variables such as family size, location, and more.
Enterprise Financial Integration
Reduce errors and increase efficiency, accuracy, and timeliness with a system that fully integrates your payroll, HRIS, enterprise resource planning (ERP) systems, accounting software, and more. No matter what system you’re currently using, our global mobility cost management system can integrate seamlessly, allowing us to provide your deliverables accurately and efficiently.
Gross-up Calculations/Reports – US/Canada
After you audit and process payment, it’s time to do gross-up calculations—but performing these calculations can be a headache. Ineo can remove the burden of calculating an accurate gross-up from your internal finance and accounting teams and ensure that both your company and mobile employee stays in compliance with expense policies.
Global Reports
Communicating the results of all your different expense management processes is essential for tax purposes. However, tax and reporting requirements differ across multiple locations. Our global reports can help you stay in compliance and serve as a single source of data for tax return preparation.
Assignee and Transferee Support
Free up your internal resources by outsourcing all global mobility expense-related questions to Ineo. Our experts are here to answer any questions you or your assignees/transferees have regarding business expense claims, accounting, tax, and reporting requirements throughout the entire process.
Global Mobility Resources
Learn more about what’s going on at Ineo and insights into the complex world of global mobility from the industry’s top thought leaders and innovators.
Pre-Move Tax Consultations: Strategies for Managing Remote and Relocated Employees Tax Compliance
A Global Mobility Manager’s Needs and Wants: The Importance of Stability, Accessibility and Compliance in a Global Mobility Software
How to Prepare for Current and Future Workforces Global Mobility Wants and Needs
Contact Us
Whether you are new to the world of global mobility or you’ve been in the business for a while, Ineo is here to assist you.
Contact us to learn how our global mobility expense management solutions can support your program.
Frequently Asked Questions
Do you perform gross-up calculations for any countries other than the U.S.? 
Yes, as part of our global expense management services, we can also perform gross-up calculations for Canada. Our system provides tremendous gross-up calculation flexibility for both countries, and we can accommodate a variety of gross-up methodologies to meet the needs of your relocation policy.
What is your process for handling program exceptions?
If an expense is deemed to be an exception under your corporate policy, we communicate with the 3rd-party provider/corporate/RMCs to request written approval to process payment. Within our platform, we can then flag the exception with the details of the: Exception Date, Exception Amount, and Exception Reason along with any additional details needed for Management Reporting. We will provide reporting for use in policy reviews and program changes.