Case Study: SQM Iberian cuts expense-management time by 5 hours per employee with Captio

How SQM reduced the time spent on expense management by 5h per employee

SQM Iberian, the Spanish sales subsidiary of SQM, had dispersed teams with high travel levels and centralized accounting in Barcelona, which made it difficult to control monthly budgets and led to slow, disorganized expense reporting and reimbursements. To solve this, the company turned to Captio’s expense management platform and mobile app.

Captio replaced stapled paper reports with automatically generated expense forms and a native iPhone app, centralizing review and control and giving employees and supervisors real‑time visibility of spend. As a result, SQM Iberian cut time spent on expense tasks by 80%, saving about 5 hours per employee per month, sped up account closings, and improved internal auditing and budget compliance using Captio.

SQM Iberian

Erik Lütken

Financial Director