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.

For finance teams at large companies, managing expenses involves more than approving reimbursements. Expense management includes controlling costs, ensuring compliance, and maintaining financial ...

Business travelers encounter these costs frequently, making them a regular line item in travel expense reports. Companies typically reimburse these through per diem allowances or actual expense ...

Choosing an expense management system can have a significant impact on your company's financial health and operational efficiency. With the right platform, you can streamline the expense process, ...

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 ...

Expense reporting consistently ranks among the most frustrating financial tasks in modern workplaces. Employees collect receipts, navigate confusing policies, and often wait weeks for reimbursement ...

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 ...

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.

What should I look for in an expense management system? Choosing an expense management system can have a significant impact on your company's financial health and operational efficiency. With the ...

Small costs add up. The $3 ATM fee at the airport, the $5 tip for the bellhop, the $2.50 for printing boarding passes at the hotel business center. These incidental expenses don’t fit neatly into ...