What is Expense Management?Posted by bizhrs on May 29th, 2021 An expense management process is used to help businesses streamline their expenditures. It is the sequential flow through which claims for reimbursements and records for employees’ business expenses are processed within the industry. Expense management in any organization comprises of two key elements:
These costs usually include employee travel, accommodation, etc. of an employee on an official visit for any assigned tasks. It contains the policies that govern the spending for any business. Not only that, but it also includes the technologies and services utilized to process and analyze the data associated with the expenditures. Read our full article on Expense Management Software Like it? Share it! |