Travel expenses are, for many organizations, their second largest controllable expense. This is just one of the reasons why it is imperative that every organization have a strong policy that governs these expenditures. That being said, the number of problems that continue to plague many companies when it comes to expense reimbursements defies logic. There has to be a better way.
In this course, industry expert Mary Schaeffer take a look some of the more common problems experienced by companies related to employees, expense reimbursement requests. She not only identifies the issues, but offers solution on how best-practice companies minimize these problems and, in some cases, eliminate them.
Upon successful completion of this course, participants will be able to:
- Create processes for dealing with illegible receipts.
- Develop a policy for dealing with reimbursement requests for items clearly not covered in the policy.
- Identify strategies for dealing with managers who take too long to approve employees expense reimbursement requests.
- Create practices to deal with conflicts around the reimbursement process.
- Pinpoint areas employees are most likely to cheat on their expense reports.
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