North American Programs
Expense Management Services
OneSource Relocation’s full service program can relieve you of any of the burdens of relocation administration for which you choose to utilize us. Our expense management services are designed to handle all administrative functions while incorporating all of your financial objectives.
Expense Tracking
An integral part of this client support is our Expense Tracking service. OneSource Relocation tracks and reports all of the employee's relocation related expenses and generates the required individual tax information and schedules. Our clients dictate the format and frequency of reports needed for financial and operational purposes. We provide web-based access to real-time management, financial and cost information in detailed and comprehensive views.
- Incorporates comprehensive management for all accounting functions
- Recommends areas for cost savings through cost analyses
- Includes in depth reporting on all relocation costs and activity
Tax Assistance
OneSource Relocation has established systems and procedures to efficiently issue expense reimbursements, perform gross-up calculations and record correct withholding amounts. Expenses are managed in compliance with current tax laws, accounting regulations and your corporate relocation policy. This fully integrated accounting process relieves your tax, payroll and accounts payable departments of this highly technical task.
- Maintains tax and accounting compliancy
- Helps keep clients current on industry trends and regulations
- Ensure accurate and comprehensive end of the year reporting
Lump Sum Management
Through our Lump Sum Management service, OneSource can help your employees navigate the relocation process by providing policy counseling throughout the move as well as ongoing support.
- Eliminates the administrational burden of direct reimbursements
- Helps employees budget relocation related expenses more efficiently
- Provides program benefits to lower level of employee
Move Estimates and Cost Projections
Integrated into our Expense Management services is our ability to produce cost projections based on the parameters of your policy and services offered. These projections can be used to set relocation budgets and monitor expenses.
- Customizes projections to client policy and individual needs
- Targets programs to meet client’s cost objectives
- Provides for informed decision making and budget planning