Author : Isabelle Longford.
Published : Fri, Sep 14 2018 :4 PM.
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On the other end of the spectrum, overly complicated expense reports can lead to resentment from employees, who may be tempted to exaggerate expenses to make up for the hassle of filling out the expense report in the first place. In general, asking for price and date information plus receipts is reasonable for companies that don’t use a flat per diem rate. Here are some ways you can accelerate the expense reporting process.
Whether you recently launched a startup or you have been in business for some time, you have no doubt identified different ways to maximize profit, right? If you are taking the time to do that, don’t sacrifice all that ground gained by letting your business’s expenses fall by the wayside.
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Additionally, electronic expense reporting can be designed to step users through the process methodically. One set of steps may be used if the person attended a scientific conference, while another set of steps may be used if the employee was meeting with a client. The workflows can be designed to accommodate the types of business travel your employees do most often, ensuring that no steps are left out, and all legitimate expenses are reimbursed.