Business travel accounts can take a while to process and sometimes it might feel like settling your travel expense claims is taking longer than the actual trip duration! When the process is offline & manual, it is tedious for the accounting team to calculate and settle travel expense claims, reimbursements, service vendor invoices (like travel
Employee expense settlement is a laborious, complex and time consuming process for both parties – the employee and the company. The company deploys certain guidelines and regulations that need to be adhered to while applying for the claim. Most of the time, gathering data and submitting it to the accounts department is so cumbersome, that
Every company has its own unique HR & Admin policies. However, there are also rules that are generic and apply universally to working professionals. One such universal understanding is that employees are reimbursed for any T&E expenses incurred by them during travel or client servicing. Let’s take a look at some of the guidelines that
Every business has expenses, which of course have to be processed and dealt with — be it using Excel or an expense management software. Most businesses still rely on paper-based reporting, which is impossible to automate and extremely slow to process. Instead of paper-based expense reporting, a dedicated cloud-based travel & expense management solution like
T&E Expenses
Travel & Entertainment expenses – often dubbed T&E – tend to be the 2nd or 3rd largest business operational overhead, after salaries and rent. Garnering such a big chunk of business expenses and being the sort of expense category that can be flexibly controlled, T&E usually comes under the limelight when a business takes a
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