A lot of businesses think about spend management the way they think about a trip to the dentist. It’s a subject that, for many, inspires a special blend of boredom and doom.
Welcome to 2019!
Everyone knows how much of a pain it can be to deal with workplace expenses.
Understanding the rules around expense claims can be complex and time-consuming.
Ready to create an expense management policy for your business? Not sure? Good. Either way, you've come to the right place.
Nobody likes expense reports. Not the average employee, who has to spend hours at the end of the month finding receipts and checking credit card bills. Not the finance team, who has to chase up those same employees for proofs of purchase and manually enter hundreds of lines in a spreadsheet. Not the CFO, who thought the budget was all under
As an entrepreneur just starting out, drafting and implementing an expense policy is probably not high on your list of priorities. Even though you’re probably more interested in growing your team or acquiring new users, it’s important to spend some time thinking about the future, too.
The last decade has seen radical boosts in the efficiency and simplicity of workplace tasks. Technologies like cloud storage and online collaboration empower teams to work quickly and conveniently, and with minimal compliance and hassle.
Issuing an expense advance represents a real challenge for companies. You need to be able to give employees a way to pay things, but giving the money up front can feel risky. For smaller expenses, businesses tend to rely on company credit cards, or ask the employee to pay out of their own pocket. But both of these options are limiting: team
Slow, inconvenient, fiddly, and compliance-heavy: traditional paper expense reports manage to combine an amazing number of annoying features. They’re so irritating, it’s almost impressive - almost.
Need to submit your work expenses? Download this free expense report template (or read on to learn how to improve your current system).
Your company is growing fast, and you’re looking for great expense management software to support the financial side of your business. That’s not an easy task, as the market is saturated with options and they all have their pros and cons — but we’re here to help!
Over the last couple of years, co-working has become a defining factor in the way we work. As they can’t be seen as just a fleeting trend anymore, it's time to rethink the financial workflow of these spaces.
In a previous article on this blog, we explained the basics of setting up an expense policy. There was just one thing that we left out — the kinds of expenses you should include. That’s what we’re looking at today.
Traditionally, issuing and storing paper receipts has been one of the more painful parts of running a business. Time consuming and cumbersome, paper receipts are in the same ballpark as telegraphs and fax machines: clunky relics of a bygone age.