Managing business expenses used to mean shuffling paper receipts, chasing down employees for documentation, and discovering budget issues weeks after they occurred. But modern companies are ...
Expense reports have been around since 1775 (if you do the math, that’s 246 years), and honestly, not a whole lot has changed since then. Case-in-point, they’re still miserable to do, take inordinate ...
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.
Most companies these days put the onus on employees to pay for business-related expenses upfront and then submit an expense report for reimbursement. The system ensures that companies are never stuck ...
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 ...