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6 Expense Reimbursement Policy Best Practices and Why You Need Them
1reports1reporting sources2024-02-01Update
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A strong expense reimbursement policy protects the company and employees, reduces non-compliant spend, and improves reimbursement efficiency.
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2月1日
- SAP Concur BlogSAP 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.