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Corporate Relocation Services - TRC Global Mobility

Financial Services

Financial Services

Home / Services / Corporate Relocation / Financial Services

In an era of cost-cutting and tight relocation budgets, TRC assures clients of transparency and total control over their employee relocation costs. Our specialists have deep knowledge of relocation accounting, processing alternatives and IRS regulations. We ensure each client’s program remains in compliance, executing all financial transactions accurately and providing complete reporting.

Relocation Expense Administration

TRC offers complete Relocation Expense Administration services, including expense report processing, lump sum disbursements and direct payments. The Relocation Counselor performs an initial audit of expenses and sends an automated payment request to TRC’s finance department. There, the expenses receive a second audit against client policy and payment is issued. The employee is typically reimbursed within one to two business days.

Our financial system tracks all expenses, sorting them into income and non-income categories, and further sorting income expenses into deductible and non-deductible expenses. This facilitates accurate gross-up calculations. At year end, we provide complete tax reporting to the client and each transferee.

Relocation Tax & Accounting Services

TRC establishes a gross-up methodology and processing schedule to meet each client’s needs.

Cost Estimating

Our experts use TRC’s  ReloSource technology and comprehensive reporting to help clients develop an appropriate mobility program budget and monitor program costs.

Lump Sum Administration

TRC has found that lump sums can simplify the expense process, reduce costs and promote meaningful involvement of the employee in the relocation process. We will work with your company to customize a lump sum program to suit your budget and culture. In addition to administering lump sums for our clients, we also fund miscellaneous relocation allowances.

Relocation Debit Card

Working with our preferred banking partners or your company’s preferred partner, TRC can make relocation debit cards available to your transferees. This card would be pre-loaded with the approved allowance or lump-sum amount, eliminating the need for cash advances and checks, streamlining administration and increasing control.

  • Services
    • Corporate Relocation
      • Strategic Consulting
      • Financial Services
      • Complete Program Management
      • Group Move Management
    • Domestic Relocation
      • US Domestic Service Model
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      • Global Service Model
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    • Government & Military Relocation
      • GSA Contract Holder
  • Services
    • Corporate Relocation
      • Strategic Consulting
      • Financial Services
      • Complete Program Management
      • Group Move Management
    • Domestic Relocation
      • US Domestic Service Model
      • US Departure Services
      • US Destination Services
      • US Renter Services
    • International Relocation
      • Global Service Model
      • Global Service Network
      • Global Coverage
      • Pre-Assignment Services
      • Transition Services
      • On Assignment Services
      • Repatriation Services
    • Government & Military Relocation
      • GSA Contract Holder

Top
  • Corporate Relocation
    • Strategic Consulting
    • Financial Services
    • Complete Program Management
    • Group Move Management
  • Domestic Relocation
    • US Domestic Service Model
    • US Departure Services
    • US Destination Services
    • US Renter Services
  • International Relocation
    • Global Service Model
    • Global Service Network
    • Global Coverage
    • Pre-Assignment Services
    • Transition Services
    • On Assignment Services
    • Repatriation Services
  • Government & Military Relocation
    • GSA Contract Holder
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