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.

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 ...

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 ...

Managing business expenses used to mean shuffling paper receipts, chasing down employees for documentation, and discovering budget issues weeks after they occurred. But modern companies are ...

Regularly monitoring your business expenses helps set accurate budgets, maximize tax deductions, and curb out-of-policy spending. That’s why robust expense management software is essential. Sure, you ...

A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...