Expenses

Corporate finance is a multifaceted domain, and employee expense reimbursement is an essential component of it. This practice ensures employees are compensated for expenses during business travel. While...

How to manage travel expense in an organization? This is a question that most finance professionals face.  Imagine a scenario where your company sends the sales team nationwide...

“The more we reduce ourselves to machines in the lower things, the more force we shall set free to use in the higher.” Anna Brackett. Anna Brackett’s wisdom...

Smart expenses result from strategic, well-considered spending decisions that maximize value and minimize unnecessary costs, ultimately contributing to the company’s overall objectives. “Watch the costs, and the profits...

Effective expense management is critical for financial stability and organizational success. Yet, managing the complexities of expense tracking and reimbursement can prove cumbersome for even the most adept...

The growth of corporate credit cards has been tremendous in recent years. Statistics reveal that most newly established companies seeking business cards possess a minimum of three cards....

An expense management policy is a set of regulations and procedures established by an organization to govern the process of incurring, submitting, approving, and reimbursing business-related expenses.    The...

Know the difference between your necessary and discretionary expenses - Alexa Von Tobel Discretionary expenses are non-essential costs that don’t significantly impact the day-to-day operations of an organization....

Introduction To ensure profits, the selling price must always be more than what it costs to manufacture or make a product. The cost units of a product may...

Introduction Keeping fixed costs under control is one of the top priorities for CFOs, especially for reaching the break-even point. Managing fixed costs also helps them budget, forecast,...