Keeping on top of expenses can be a big hassle when you’re just trying to get on with your work, especially if it’s grown into a big pile of unprocessed paperwork! What is expense management?Expense management is a systematic set of processes businesses use to record expenses, execute payments, and track their spend. This includes keeping tabs on purchases businesses…
Whether you are running a charitable organisation or a financial establishment, part of your duties as an entrepreneur involves dealing with finances. Running a business incurs expenses, and finance management is a crucial part of staying open for business. ‘Expense management is the system a business uses to process, pay and audit their business spend. These costs normally include employee…