Ontario Energy Board, the Regulator of Ontario's Electricity and Natural Gas Industries, Selects Ariett's XpenseNet

Ontario Energy Board (Ontario, Canada), the regulator of Ontario's electricity and natural gas industries, has selected Ariett XpenseNet with GST/PST/HST Tax Calculation Requirements, to improve the overall efficiency of their traditional manual expense reporting processes. 

XpenseNet’s Allocation module provides a simple yet comprehensive method to capture and calculate all of the required HST tax information required with Canada’s recent change in Tax Regulations.  OEB also needed a method to report on a single centralized database of all expense report details to meet new Government requirements for disclosure of Executive expenses.

Additionally, XpenseNet’s Corporate Credit Card Integration allows OEB’s accounting team to easily reconcile their credit card accounts and provides users with an automated way to submit charges on their corporate card on their expense report.