An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.

For finance teams at large companies, managing expenses involves more than approving reimbursements. Expense management includes controlling costs, ensuring compliance, and maintaining financial ...

For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense ...

Manually tracking expense receipts shouldn’t feel like a second job, but for most finance teams, that’s what it can turn into. According to the Global Business Travel Association, 19% of expense ...

Learn how automated expense management and finance automation enhance reporting accuracy, streamline financial processes, reduce manual errors, and improve compliance for smarter, data-driven business ...

Historically, expense software has been built with three goals in mind: prevent overspending, enforce policy compliance, and store the necessary data for regulatory, accounting and tax reasons. That’s ...