Employee expenses often fall into an area of finance that can escape us. Tracking them can be tedious and denying employee expense claims can lead to anger and frustration.
By following some simple guidelines, you can make employee expense tracking less painful for you, while also helping employees better understand how your reimbursement processes work. Having firm policies in place (absolutely no reimbursements for late submissions, for example), monitoring expense reports and using technology to manage expenses all help to make your life easier. Here are our six favourite tips for tracking employee expenses.