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  • Other Added - Expense Report Management

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    orwarded to the approval department, it will be reviewed as per the travel policies of the organization. Then the report is forwarded to the finance depart
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    Expense Report Management is the process of managing the entire procedure of filling, submitting, approval, reimbursement and analysis of travel-related expenses of employees. Thus, expense report management includes four activities namely reporting, reimbursement, compliance and analysis. Reporting includes the process of preparing the expense report form, its submission to the concerned approval authority and obtaining all the management approvals for claiming reimbursement. Generally, most companies provide an online facility to their employees for completing the expense report form.

    Once the report is forwarded to the approval department, it will be reviewed as per the travel policies of the organization. Then the report is forwarded to the finance departm

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    penses of employees. Thus, expense report management includes four activities namely reporting, reimbursement, compliance and analysis. Reporting includes the process of preparing the expense report form, its submission to the concerned approval authority and obtaining all the management approvals for claiming reimbursement. Generally, most companies provide an online facility to their employees for completing the expense report form.

    Once the report is forwarded to the approval department, it will be reviewed as per the travel policies of the organization. Then the report is forwarded to the finance depart

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    the process of preparing the expense report form, its submission to the concerned approval authority and obtaining all the management approvals for claiming reimbursement. Generally, most companies provide an online facility to their employees for completing the expense report form.

    Once the report is forwarded to the approval department, it will be reviewed as per the travel policies of the organization. Then the report is forwarded to the finance depart

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    g reimbursement. Generally, most companies provide an online facility to their employees for completing the expense report form.

    Once the report is forwarded to the approval department, it will be reviewed as per the travel policies of the organization. Then the report is forwarded to the finance depart

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    orwarded to the approval department, it will be reviewed as per the travel policies of the organization. Then the report is forwarded to the finance department for the grant of funds for reimbursement. The next activity in the expense report management is payment of expenses by the payroll department. The reimbursement amount could be electronically transferred by the company to the corporate bank account of the employee. Afterwards, the payroll department scans the original receipts submitted by the employee to produce them during audit time. Then, the immediate activity of analysis of the expenses follows. The finance department, together with other departments, sort out the expenses of employees during their visits to identify the wasteful practices involved. Acc

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