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Tips to avoid year-end expense management disaster
Regardless of the size of your business we all know closing the fiscal year is a challenging expense management task. Every department, from finance to accounting, is pushing hard to wrap up reports and prepare for the holidays. But here’s the deal: streamlining your expense management, creating a best practice process and using automation to increase visibility you can give your finance team the data they need to succeed. In this blog post, we show you how to accomplish that.   How to create a best practice expense management process? When asked, most business would say their expense process is solid. But if you dig into it you can find a lot of struggles such as: • having a hard time accounting for employee’s expenses • swimming into a pool of receipts • unresolved discussions between the accountant and the receipt submitting employee for more information • undocumented expenses that […]
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