The Financial Accounting Standards Board (FASB) has released a proposed Accounting Standards Update (ASU), designed to improve the clarity of expense information for public business entities. FASB ...

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 ...

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 ...

Historically, expense software has been built with three goals in mind: prevent overspending, enforce policy compliance, and store the necessary data for regulatory, accounting and tax reasons. That’s ...

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.

Managing employee expenses can be a headache for finance leaders. From tracking receipts to ensuring policy compliance, manual processes are time-consuming and prone to errors. Mismanaged expenses can ...