Contributed post.
Small companies often struggle to consistently and accurately monitor their financial resources. But with limited reserves, spending every dollar carefully is essential.
Implementing an expense management system helps ensure employees comply with established rules and avoid excessive or improper spending. It can also assist organizations in conducting business audits and gain insights into cash inflows and outflows.
Here’s why proper expense management is vital and how to get the most out of expense management tools.
[Read more…]