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.
Most business leaders have a fair idea of where their money goes. You know essentially how much they spend on salaries, rent and utilities. You probably also think they know which software their teams use, and how much the company spends on coffee.
At Spendesk, we work with CFOs and finance teams every day to help them take back control of company spending. Which is why we're so excited to welcome our very own CFO to the team, Fabien Dawidowicz.
For modern businesses, relying on a company credit card for day-to-day expenses makes sense - at least in the short term. You want to enable your staff to get out and do their thing, and the company plastic is a simple way to let them get the job done. For most companies, this is option number one.
There’s always been a certain glamour to work travel. You imagine that glorious feeling of stepping off a business class flight and checking into a classy hotel lobby before tomorrow's meeting with an important client:
Automation is all the rage. Businesses are quickly figuring out that there are things that machines are better suited to than people.
In any business, it pays to keep a close eye on every dollar making its way out the door.
There are plenty of things to love about credit cards. Most obviously: paying for things is pretty much always simple, almost anywhere in the world.
Nowadays, there’s no excuse for soaking up your finance team’s valuable time and effort with clunky manual processes. If anyone in your team is still copying and pasting data between Excel sheets, they might as well be working with quills and parchment.
It's finally time to scale up your business. This is the moment that most startup executives dream of and long for from the moment they choose a company name. And while you're unquestionably excited, you're about to have to handle a range of changes that you may never have encountered.
Running a business can be exciting — especially when you're just getting started. However, you'll quickly come to realise some of the less thrilling parts of it — and bookkeeping is definitely one of them.
Employee expenses are a daily norm at companies. But there are so many different types of expenses – from paying for recurring software subscriptions/vendors to expensing domestic mileage for client meetings and paying for flights, hotels, meals and everything in between on business trips. The costs can add up – both for employees and the
So you've read up on the benefits of having an expense policy, and you've set one up for your company. Great decision! It's important, however, to avoid seeing it as a static entity that never changes. Your company is constantly changing, so the policy will end up being out of date before you know it. Instead, you should treat it as a dynamic and
We all need to pay for things in order to do our job. It’s part of our daily professional life, yet not much has changed in the past decades when it comes to spending on behalf of the company.
The world is getting smaller every day. Thanks to lower flight fares and new, digital communication tools it’s never been this easy for businesses to expand their international efforts. It might be limited to just a couple of meetings abroad per year, or it could be opening multiple offices on the other side of the world - bottom line is that