This section includes a snapshot of recent news around the industry as well as what Servicengine currently has in the works.
Chinese government announces that it will start taxing overseas expats up to 45% on worldwide income. According to Bloomberg, China tax authorities have begun tracking down some of its citizens living abroad. Expats who have never had to pay taxes on overseas income are being caught by surprise.
Expense VeriFi is transformative technology that lowers the cost of delivering mobility services. VeriFi streamlines expense processing using Intelligent Automation. Employee expense reports and supplier invoices are scanned by a series of customizable validations. The audited report is returned in seconds. Non-compliance is identified and questionable items are flagged for review. VeriFi focuses your expense analysis on the items that need attention.
Join Servicengine in Boston at Worldwide ERC’s Innovation Lab on Thursday, October 17th, at 9:00 a.m. as we explore the latest in intelligent automation. Discover the Servicengine Financial Core and learn how a data-centric rules engine can drive productivity, from budgeting to billing.
Servicengine is happy to share that we have been selected for the shortlist for the Forum for Expatriate Management EMMA awards for the second year in a row. We are up for an award in for Most Innovative Use of Technology in Global Mobility – Assignee Management.
Effective January 1st, 2019, expatriates and foreign workers in Malaysia are eligible for medical benefits, disablement benefits, dependent’s benefits, constant-attendance allowance, and RM 6,500 for repatriation costs including funeral under the Employment Injury Scheme.