Skip to content
Home » Blog » Webexpenses study shows a push from business employees to embrace digital transformation
Survey study

Webexpenses study shows a push from business employees to embrace digital transformation

Recent Webexpenses research shows businesses seeing a push from employees to embrace digital transformation as a result of COVID-19

Technology challenges affecting remote workers during the pandemic have been revealed by Webexpenses’ latest research, and are set to accelerate digital transformation within businesses.

In a global study involving over 1,100 Webexpenses users, 93% of respondents expect the pandemic will be a catalyst for digital transformation within businesses. With this resurgence from the employees themselves, over a third (35%) state they will be looking to review their own departmental processes as a result of the enforced lockdown.

More than eight in 10 (84%) of those surveyed found themselves working from home during the pandemic and 60% stating they have experienced tech-related challenges throughout this period.

The top three tech issues are:

  1. Access issues (such as accessing software, networks, files, and broadband) (62%)
  2. Supporting colleagues to use technology (19%)
  3. Inadequate equipment and hardware (18%)

The impact on working hours

Many of those employees facing such issues reported a significant increase in their average weekly working hours during the lockdown.

Four in 10 (42%) of those who did not usually work from home before the pandemic reported working extra hours each week. Of those, more than one in five (22%) are working an additional 10 hours or more.

Nearly a quarter (24%) say their work has been taking longer, and more worryingly, 25% have struggled to do their job effectively.

Digital technology increases productivity

Adam Reynolds, CEO of Webexpenses states:

“These results show that inefficient processes and technology are directly reducing employee productivity at this critical time when teams need to be working efficiently to ensure the business survives.

“Many of the issues uncovered in our research can be easily addressed by the right business tools and technology, such as futureproofing employee kit, investing in training and support, and utilising widely available cloud tools.

“It looks like COVID-19 will bring a sharp focus from businesses to evaluate the suitability of the technology they have in place, which in turn should help drive them forward.”

* * *

For more information on the study contact press@webexpenses.com or get in touch to learn more about Webexpenses.

Webexpenses Achieves PCI DSS v4.0 Certification

Jun 20, 2023

Oxford, UK – Webexpenses, a leading provider of cloud-based expense management software, announced today that is has achieved certification from…

Read More
Munster Webexpenses logos

Webexpenses’ continued partnership with Munster Rugby

May 11, 2023

11 May 2023 (Oxford, UK) Munster Rugby has extended their partnership with leading Expense Management provider, Webexpenses. Founded in 1879,…

Read More
West Ham choose Webexpenses for Digital Expenses

West Ham United choose Webexpenses for Digital Expenses

Aug 4, 2022

4 August 2022 (Oxford, UK) ELMO Webexpenses announce that they are West Ham’s official expense management software provider. West Ham…

Read More
Webexpenses TrustRadius Award 2022

Awarded “Top Rated 2022” From TrustRadius

May 16, 2022

16 May 2022 (Oxford, UK) – Webexpenses, receives top-rated 2022 award for Expense Management and Accounts Payable Software from TrustRadius.…

Read More
Webexpenses sponsor first tech scholarship with Activate Learning

Webexpenses Sponsor Tech Scholarship with Activate Learning

Apr 11, 2022

ELMO Webexpenses are the first finance technology business in Oxfordshire to sponsor a scholarship in partnership with Activate Learning and…

Read More

Student Work Placements: What’s on Offer?

Mar 24, 2022

Webexpenses offers work experience for students at different levels based on qualification type and experience. This includes secondary school and…

Read More
GetApp Category Leader Webexpenses Press Release

Category Leader for Accounts Payable Software

Mar 1, 2022

Webexpenses has been placed on GetApp’s Category Leaders report Category Leaders Account Payable by GetApp, is a free online service…

Read More
Webexpenses host 12-hour game marathon for SpecialEffect

Webexpenses Host 12-Hour Game Stream for SpecialEffect

Feb 23, 2022

23rd February 2022 (Oxford, UK) – Webexpenses, a digital expense management and AP automation provider, announce that they will be…

Read More
Webexpenses-Accounts Payable-Front-Runners

FrontRunner For Accounts Payable Software

Feb 20, 2022

20th February 2022 (Oxford, UK) – Webexpenses, a global accounts payable provider, announce that they have been named FrontRunner 2022…

Read More
Webexpenses name top 50 Accounting + Finance software

Winning G2 Best Software in Accounting & Finance

Feb 8, 2022

8th February 2022 (Oxford, UK) – Webexpenses, an expense management and AP automation provider, today announced it has been named…

Read More