The article describes how to avoid Christmas stress and managing the expenses that come with it as well. There are five ways to help deal with the stress. Going mobile and taking pictures of receipts helps business managers by letting them review the expenses quicker. Other helpful ideas that are included are to prioritize employees and outline the policies. If the employees know the policies, it helps to avoid discrepancies and infringements at the end of the year.
Key Takeaways:
- During the holiday season it can be easy to overspend on business entertainment expenses.
- Moving away from spreadsheets to a more automated expense system will help your business improve efficiency.
- Modern systems that are both mobile and online will help employees log expenses promptly and accurately.
“Moving to an automated expense management solution provides value across the board. It decreases the amount of stress and paper on desks, and improves efficiency for both employees and finance officers.”
Read more: https://insidesmallbusiness.com.au/finance/how-to-avoid-christmas-expense-management-stress
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