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Whether looking for new business opportunities or servicing existing clients and stakeholders, as a company, you’re going to have to travel to maintain and grow your business. Business travel is an important facet of corporate existence, and any travel itinerary will by default incur business expenses. However, most organisations still…
As a company employee, you might need to occasionally travel to meet clients or business associates, be it within the same city or long distance. The costs a company incurs for all these meetings really add up, which is why companies tend to be so strict with employee expense reimbursements.…
Business travel accounts can take a while to process and sometimes it might feel like settling your travel expense claims is taking longer than the actual trip duration! When the process is offline & manual, it is tedious for the accounting team to calculate and settle travel expense claims, reimbursements,…
Employee expense settlement is a laborious, complex and time consuming process for both parties - the employee and the company. The company deploys certain guidelines and regulations that need to be adhered to while applying for the claim. Most of the time, gathering data and submitting it to the accounts…
Every company has its own unique HR & Admin policies. However, there are also rules that are generic and apply universally to working professionals. One such universal understanding is that employees are reimbursed for any T&E expenses incurred by them during travel or client servicing. Let’s take a look at…