Out of Pocket Expenses – To Consider or Not To Consider?
The majority of employee spending that happens while on a business trip is easy to track, review, and approve in an expense report. Some cases such as taking clients for a dinner or purchasing some products required to get the job done – all these can be easily tracked with the help of receipts. If […]
The 3C Approach to Managing your Indirect Spend More Efficiently
When it comes to direct spend, there are so many controls in procurement and accounts payable. The purchase of goods depends on the company, however, to run the day-to-day operations of the business, you have to effectively manage the indirect spend. Insights on indirect spend are lacking due to decentralization and lack of protocols, rules […]
Performance Management Software Key Benefits
It is always difficult to assess the capabilities and performance of an employee in one or two meetings. In order to understand what an employee is capable of, companies need to have a complete track of their employees’ performance, and here comes into the picture performance management software which enables HR professionals to keep an […]