For Better Expense Management: KEC International is deploying the NEXTSTEP Expense Management solution in order to improve the speed and accuracy of the expense claims process.

One of India's leading power transmission companies, KEC International, employes over 4,200 people and has a project footprint in 45 plus countries across the globe. Specializing in the Infrastructure Engineering, Procurement and Construction (EPC) space, the firm's business is such that, in addition to leveraging its own internal staff, it has to work with a number of entities such as vendors, partners and contractors for executing each of its projects.

With so many participants-both internal and external-working across a number of disciplines on every project, managing expenses is often a daunting task for the accounts folks at KEC. "Making due payments to external partners and reimbursing employees for their official expenses while at the same time insuring that there are no delays or errors made during the process adds to their already challenging job profile," said Rajesh Lad, Dy. General Manager-Corporate Accounts, KEC International.

Up until now, the company had been using paper-based vouchers to reimburse employees for their official expenses and keeping track of the same by manually inputting the data in the back-end system at each of its five office locations. Even payments such as utility bills, miscellaneous office expenses and minor...