With several states recently passing legislation restricting access to abortion services, some of your peers have been mulling over paying for medical care travel expenses that employees and their dependents incur because the services they seek are unavailable in their…
Business / Travel Expenses
A workcation - also known as "bleisure" travel - is when employees extend their business trip plans to enjoy sightseeing and other recreational activities. Allowing it is a good way to boost morale and encourage more employees to hit the…
T&E is one of a company’s biggest costs. While you want to keep these expenses under control, many employees see business travel to exotic locales as one of the perks of their jobs, so it can be a tough balance…
To stay profitable and grow, businesses like yours need to take advantage of opportunities to become more efficient. However, spend management – which may be hindered by manual processes or cobbled-together financial tech resources – can be an obstacle to…
Business travel in 2022 started off slow due to the Omicron variant, but it’s starting to pick up again. And due to the current economy, travel costs are expected to rise – especially as the weather warms and travelers of…
Expense reports may have decreased for some companies during COVID. But in many cases, expense reimbursement requests are back on the rise. Your A/P team should keep its eyes peeled and expect more mistakes as more employees submit expense reports.…
Due to the rise in remote work, a new trend for employees is the “workcation.” And it may need to be addressed in your company's T&E policy. It typically hasn’t been all that uncommon for employees to add a few…
Correcting mistakes and preventing misunderstandings from employees concerning your T&E policies is not only time-consuming for your A/P team, but it can hurt the company’s bottom line if expenses are consistently reimbursed incorrectly. With that in mind, it’s important to…
As business travel kicks back into gear, you’re likely seeing that the types of expenses employees incur are going back to normal. But costs may be higher than they were before the pandemic. Most CFOs noticed a big shift in…
One thing the pandemic didn’t slow down? Employee attempts to submit some outrageous expenses for reimbursement. Spend management and risk mitigation technology expert Oversight recently released its Top 10 Most Shocking Expenses list. And it’s got some doozies on it!…
It's no secret that the pandemic changed the way people work and companies operate, especially in regards to nonemployee expenses. During the past year or so, organizations were focused on creating a more flexible workforce. Many turned away from traditional…
Tell your finance team to get ready! Business travel – and all the expense reports that come with it – is making its grand return. So says a new survey from Concur. It found that 96% of employees are willing…