Expense claims are submitted by employees who are claiming back costs that they have personally paid for in relation to their work on behalf of their employer. Claims might be for fuel, food expenses, other travel expenses like train or taxi fares, or for flights. An expense report is usually made up of multiple expense claims which are submitted for approval. Often employees gather up expenses to submit in one go rather than submit as they incur them, usually because the process of submission is time-consuming.
However, expense management tools that allow you to submit expenses on the go from your phone have significantly increased in popularity. Line-by-line expense submission without the need for a monthly expense report is fast becoming the default choice for expense management. They dramatically cut down the time employees must spend doing travel and expense admin freeing them up to concentrate on work that directly or indirectly contributes to company revenues.
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