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Expense management is the system a company uses to receive, approve, and pay employee expenses. It also involves the process of auditing expenses to make sure they are legitimate.
Your business is not required to reimburse employees for certain expenses, such as travel costs or client dinners. But many businesses do so as a way to keep the top talent on their payroll and to make their company a more attractive place to work.
Download this white paper to learn about the different elements of an effective expense management strategy, and see how automation can help streamline processes.