Dealing with Expense Report Reimbursement Problems ON DEMAND

Overview

Travel expenses are, for many organizations, their second largest controllable expense. This is just one of the reasons why it is imperative that every organization have a strong policy that governs these expenditures. That being said, the number of problems that continue to plague many companies when it comes to expense reimbursements defies logic. There has to be a better way. In this course, industry expert Mary Schaeffer take a look some of the more common problems experienced by companies related to employees, expense reimbursement requests. She not only identifies the issues but offers solution on how best-practice companies minimize these problems and, in some cases, eliminate them.

Highlights

The Problem Expense Report Abuses. Dealing with Missing or Illegible Receipts. Dealing with the Laggards. Dealing with Approved Reimbursement Requests for Items outside the Policy or Inappropriate Items. Steps to Reduce the Number of Questionable Requests for Reimbursement. Dealing with Employees Using Cards Deceitfully for Personal Gain. Dealing with Employee Misuse of Company Card. Dealing with Personal Items on Expense Reports. Strategies to Combat Inappropriate Expense Reimbursement Requests. How Employees Cheat on Their Expense Reports. The Ongoing Issue Dealing with Expense Reimbursement Conflicts.

Prerequisites

None.

Designed For

CPAs, CFOs, controllers, financial professionals, and auditors.

Objectives

Create processes for dealing with illegible receipts. Develop a policy for dealing with reimbursement requests for items clearly not covered in the policy. Identify strategies for dealing with managers who take too long to approve employees expense reimbursement requests. Create practices to deal with conflicts around the reimbursement process. Pinpoint areas employees are most likely to cheat on their expense reports.