Expense Tips

Office communication about expense program
| Communication, Expense Tips

Four Steps to Effective Communication Within Your Expense Program

Streamlined expense programs are high on the list of cost-saving strategies for companies —but aren’t always a priority for its participants. However, creating clear communication between management and employees can help build incentive throughout the entire company to care about and comply with an expense program and its policies. The communication that results from sufficient […]

Four Steps to Effective Communication Within Your Expense Program Read More »

7 management best practices for your p-card program
| Best Practices, Policy Compliance

7 Management Best Practice Tips for Your P-Card Program

When it comes to smaller corporate purchases for procurement or travel, P-Cards are a great tool to simplify the process. However, introducing, maintaining, growing, and managing a P-Card program brings its own set of challenges. Thankfully, there are plenty of best practices and keys to success that you can use to make things easier. It

7 Management Best Practice Tips for Your P-Card Program Read More »

Understanding split transaction types
| Expense Tips, Policy Compliance

Understanding Split Transaction Types

The split transaction is one of the most common recurring instances of non-compliance that finance, auditing, and procurement professionals run into. A split transaction itself is relatively easy to define: it’s essentially when a transaction is “split up” into 2+ transactions with the intent of getting around a corporate credit card transaction authorization limit. There

Understanding Split Transaction Types Read More »

Scroll to Top