Expense reporting consistently ranks among the most frustrating financial tasks in modern workplaces. Employees collect receipts, navigate confusing policies, and often wait weeks for reimbursement ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.

Accurate expense reporting also reflects company values, with transparent systems creating environments where employees feel fairly compensated without subsidizing business operations themselves.