SAP Concur Releases Six Best Practices for Expense Reimbursement Policies
SAP Concur published an article outlining the importance of strong expense reimbursement policies and six best practices. These include defining qualifying reimbursements, requiring receipts, reducing paperwork, setting submission deadlines, creating an approval workflow, and including quality and compliance audits. The article notes that clear policies protect both employees and the company, reduce the risk of noncompliant spend, and improve reimbursement efficiency.
Impact and considerations
Expense reimbursement policies directly affect corporate financial compliance and employee experience. Following best practices can help companies control costs, reduce risks, and improve operational efficiency, offering reference value for finance and HR managers.
Key points
- Strong expense reimbursement policies protect employees and the company and reduce the risk of noncompliant spend.
- Best practices include defining qualifying reimbursements, requiring receipts, reducing paperwork, setting deadlines, creating an approval workflow, and including audits.
- Policies should clearly communicate what can and cannot be reimbursed and how to seek reimbursement.
- Automating the reimbursement process can improve efficiency and reduce the time employees float their own expenses.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 1 Feb 2024, 18:06
- Page published
- 14 Aug 2026, 08:16
- Last updated
- 1 Feb 2024, 18:06
- Original links
- SAP Concur Blog：6 Expense Reimbursement Policy Best Practices and Why You Need Them (opens in a new tab)Primary source · en · Published 1 Feb 2024, 18:06