An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.
Regularly monitoring your business expenses helps set accurate budgets, maximize tax deductions, and curb out-of-policy spending. That's why robust expense management software is essential. Sure, you ...
For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense ...
Manually tracking expense receipts shouldn't feel like a second job, but for most finance teams, that's what it can turn into. According to the Global Business Travel Association, 19% of expense ...