Mention employee expense policies, and you are often quick to receive a groan from staff. Employees, particularly ones who travel frequently, don’t enjoy being limited in where they can spend. However, creating and enforcing an expense policy is a requirement to curbing unnecessary or extravagant spending, and maintaining harmony among staff. Related Article: Should I […]
Should I Expense This? Business Expenses vs. Personal Expenses
Even the best-intentioned employees can fall into the trap of mixing business expenses and personal expenses. Business expenses are deductible for federal tax purposes.
Do’s and Don’ts of Employee Reimbursement
Expense reimbursement is a necessary part of business for many employees and finance managers. To make this aspect of business a little more pain-free, we’ve compiled a list of do’s and don’ts for employee reimbursement
6 Misconceptions About Employee Expense Management
When your company already has an employee expense management program in place, it’s easy to dismiss criticism of the program instead of taking a hard look at what it would take to change it.
Personal Credit Card Alternatives for Nonprofits
If you run the finances for a nonprofit organization, chances are you have questions about expense management. While there isn’t an expense management bible specifically for nonprofits, there is a lot of good advice on the internet—the trick is sorting through the muck to find the gems.
Finance Resources for Nonprofit Organizations
It can be tricky managing the finances for a nonprofit organization. Keeping track of invoices, reimbursements, and petty cash seem like minor issues but they can quickly spiral out of control unless proper controls and policies are put into place.
Event Planning Finance Tips
The initial stages of planning an event can be daunting. People may have a great time attending your event, but operating at a loss puts the event, if not the company, at risk.
Budget-Stretching Tips for Getting More Technology at Your Nonprofit
From managing budgets to communicating your mission, technology plays an important role in day-to-day operations of any business. But the investments in employee skills or hardware and software purchases are often easier to justify for businesses that can count on future income.
5 Tips to Reduce Your Operating Budget
Negotiate, negotiate, negotiate! Whether you are a new customer or an old loyal one, if you open a conversation and negotiate with your suppliers or vendors, most of them will likely respond by lowering prices.
The Importance of Being Mobile Friendly
While it is likely that a B2C business (e.g. a retail store) is likely to get more mobile traffic than a B2B company, we think it’s still imperative to make your website mobile friendly for your customers/clients.