Give Your Travel and Expense Policies a Health Check-Up

The article notes that travel and expense (T&E) questions and complaints, expense report approvals, and monitoring of accounts payable processes are often caused by outdated, confusing, or non-existent policies. Growing businesses can change greatly in short periods, leaving policies outdated or even obsolete. It recommends reviewing and updating expense and AP policies at least once a year and after every relevant large change to the organization's business, because these policies govern how employees get reimbursed, how money flows through the company, and what will be paid or denied. Policy check-up points include: be clear and to the point, avoiding legalese and corporate jargon; ensure…