Christmas Tree: Get Expenses Under Control

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A christmas tree for finance people to help them get their company expenses under control.
1. Get your team on board
Draft a sound expenses policy
- It should be clear and fair
- It should be easy to communicate, no more than a few pages. Get inspired by our best practises and example
Set a clear timeframe
- Encourage employees to submit expenses on time
- Tell them when to expect to be reimbursed
2. Maintain Engagement
Transparency
- Notify your team when the status of a report changes
- When rejecting a report, use the opportunity to educate
Reimburse quickly
Nothing could be more demoralizing than waiting for an unreasonable period of time to be reimbursed
3. Embrace Technology
Real-time reporting
Don’t wait until the end of the month, process reports from one place as they happen
Streamline expense management process
Paper-based process is error prone, replace is with a flexible online expense management software. See our blog on expense management software ROI