Tips and guidelines for creating an expense policy

expense policy

No matter where your company is in its growth, a well-written expense policy will help your business in many important ways.

  • Control cost
  • Visibility into spending
  • Improve compliance
  • Leverage vendor discounts
  • Happy employees

Creating an expense policy can be a time-consuming process, but when you consider that almost 20% of expenses fall outside of policy it makes sense to invest the time and effort. This template walks you through how to build a best-practice expense policy and also explains what each section should cover. In the template you will find:

  • Explanations for each expense category in plain language
  • Lists of common questions about expense policies, pitfalls
  • Tips for creating a straight-forward policy that increases compliance

Get started on your expense policy today.