expense review process

Five best practices to stop wasteful spending with better data visibility
| Best Practices, Expense Tips

Five Best Practices to Stop Wasteful Spending with Better Data Visibility

Stopping wasteful higher education spending sounds easy enough when controls are in place. The internal controls, such as policies addressing spend limits or prohibiting personal purchases, have a significant impact on the purchasing behavior of employees. But what if these controls are outdated, perhaps unverified, or worse, unknown? The outcome could leave the institution vulnerable

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| Expense Tips

3 Ways to Boost Your Manual Expense Review in the New Year

Reviewing expenses manually is a common way for organizations to review purchasing and travel card spend. While manual review procedures are not without flaws or risks, they can still be done efficiently with the right strategic methods. Has the spend within your organization increased this past year? Or do you feel like you’re often running

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| Expense Tips

3 Major Issues Threatening Your Expense Control Strategies Right Now

For all the convenience and security that corporate credit cards offer, there are still some apparent risks regarding expense control strategies aimed at managing expenses in a card program. Performing a regular expense review is one of the best steps to take to improve spend visibility and manage costs. However, successfully and consistently completing an

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