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How to create effective business expense reports.

Airbase

Expense reports play an important role in helping businesses maintain financial control, ensure compliance, and make informed decisions to optimize resources. But, despite their importance, completing expense reports has long been one of the most hated tasks among employees — one study found that a majority would rather do their taxes!

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Top 12 expense management tips for businesses in 2024.

Airbase

With numerous cost categories, complex approval processes, and the need for accurate recordkeeping, it’s often difficult to maintain control and visibility over all spend. Compliance with tax regulations, internal policies, and complex tech stacks further complicate this task. 3) Employee training on expense management.