Is Your Expenses Policy In Need of a Makeover?
When was the last time you reviewed your expenses policy? If you’re anything like the average business, your expenses policy hasn’t been updated for years, perhaps not since you first wrote it.
When was the last time you reviewed your expenses policy? If you’re anything like the average business, your expenses policy hasn’t been updated for years, perhaps not since you first wrote it.
Last week we announced some big news. We agreed to partner with Sodexo, one of the world’s largest multinationals, and travel booking specialist iAlbatros. We’ve created a new company that will house both businesses and the new venture will work on an exciting new project, one that will help us
Are you addicted to being busy? As an on-demand generation with more smart technology and productivity tools at our fingertips than ever before, it’s amazing that we still struggle to find the time that we feel we need to make stuff happen. Both in our personal and professional lives.
There is no questioning the importance of proper expense management for any size of business; from the smallest startup to the largest corporation, the implementation of best practices with regards to business expenses is a huge factor in the growth, revenue, and ultimately, success of the business.
Employees can now request a cash advance and use this advance as a payment method when they submit an expense.
Business Travel Expense apps make our lives easier. They help us keep track of our spending, in addition to the insights we get in our spending, they take away a lot of difficult or time consuming work we would normally have to do ourselves.
As tedious and uninviting as it is, proper expense reporting practices are imperative to the success of a business; not only can good expense reporting provide many opportunities for tax reimbursements, but a lack of expense reporting can lead to significant trouble in the event of an audit.
Workers who use their own funds to pay for work expenses are spending nearly £400, and almost half of those fail to claim the money back from their employer. Half of employees use their own cash or credit cards to settle expenses, and spend an average of £367 a year doing so.
While credit cards facilitate the payment process by postponing our bank account’s throughput, they also increase the risk of irresponsible spending.
Learn how best-of-breed automation empowers finance teams to do more with less.
Discover how to make the best out of business trips for you and your employees.
Grab a coffee and take this journey paved with light yet insightful articles.