Guides 7 minute read

Everything you need to know about T&E

Every dollar counts in the business world, yet a significant amount often goes unchecked: travel and expense (T&E). T&E is a substantial category in business accounting that handles costs incurred by employees on the road or while entertaining clients. These expenses, which often include meals, lodging, travel fares, and client entertainment costs, quickly add up. That’s why you need a solid T&E expense management strategy to keep up with your business's financial health.

Guides 7 minute read

Global payment processing: How does it work?

In today’s global economy, money crosses oceans in just a moment with the tap of a card and a buzz. But behind every seamless digital transaction is a complex mechanism—global payment processing. It’s an intricate system that enables businesses to thrive in the international market. In this guide, we’ll uncover the invisible workings of global payment processing, talk about its indispensable role for small businesses, evaluate solutions, and learn how Expensify fits into the worldwide payment ecosystem.

Guides 6 minute read

How to create an expense policy for your business

Creating an effective expense policy is a cornerstone of sound financial management for any business. It sets clear boundaries and expectations for employee spending, ensuring that every penny spent is aligned with company goals and values — and as a small business owner, what’s not to love about that?

Guides 5 minute read

Reimbursable expenses: A breakdown

As a small business owner, managing expenses is more than just balancing the books. Employees will often need to spend their money on job-related items, and it’s your job to ensure they’re paid back on time and in full. But how should you go about that, and how do you know which expenses are reimbursable?

Guides 7 minute read

Trade spend management: A Tactical Guide

Navigating the intricate world of trade spend management can often seem like walking a tightrope — balancing strategic investment with the need for tangible returns. In the ever-changing world of consumer packaged goods (CPG) and retail, comprehending and efficiently handling trade expenditures isn’t merely advantageous; it’s essential.

But what exactly does trade spend management entail, and how can you streamline it? In this article, we'll delve into these questions, uncovering all things spend management and revealing strategies to make it more effective.

Guides, Tools 6 minute read

How to write a request letter to attend a seminar (+ free template)

A request letter for attending a seminar is not just a formality; it's a strategic tool to justify your need to participate in the event. This letter should not only convince your boss of the inherent value of the seminar but also address the practical aspects of cost and logistics, like expense reports and reimbursements.

In this article, we'll guide you through the essential steps of crafting a persuasive request letter, complete with tips and a free template to help you get started. Let’s break down six steps to writing the perfect conference justification letter below!