What is a travel and expense policy and why does it matter? How to write a policy that fulfills your needs? Can technology be helpful? Find out!
It can be quite of a challenge to write a Travel & Expense Policy that fulfils your needs. In this blog post, we shared killer tips on how to do it.
A Travel and Expense Policy is an essential requirement for any company whose employees travel to perform their duties. Without one, a manager would be ‘flying by the seat of his pants’, an English idiom that refers to aviators that fly without using instruments.
To have your employees following the rules of your expense policy, you have to make sure that the policy follows best practices. These best practices aren’t limited to submitting expenses, but also include approval and reimbursement of expenses.
Most people are careful with their business expenses, so they don’t end up with a red face as they try to explain an outlandish claim. Unfortunately, not everyone is that worried when it comes to giving the company credit card a good workout. From royalty to politicians, doctors to celebrities, it
As a consultant you usually have a hybrid relationship with your clients. You are working for them, but you are technically not a part of their organization. And whenever an expense arises in the course of doing your job, the question of who pays for it can arise too. This can cause strain in the re
One policy that is often overlooked in companies is the Corporate Travel & Entertainment or Travel & Expense Policy (T&E Policy). Give your T&E policy the attention it deserves, as it can have quite an impact on your company’s culture, spendings and the overall happiness of its
Chances are high you are as fed up with managing your expenses as everyone else. The good news is that in the past few years the reasons to justify continuing with a manual, time-consuming process have evaporated.
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