Keeping Your Expense Processes Up-to-Date with Hybrid Work

person working at standing desk

Are your expense processes keeping up with hybrid work? These 7 Questions Can Help.  

Working from home, working remotely, and working in the office a few days a week impacts more than employees, their productivity, and their overall work experience. It affects how people are managed, how their spending is tracked and controlled, how much they’re spending, and what they’re spending it on—even how finance forecasts what they can spend next year.

Maintaining spend control in this hybrid environment means having the right tools. It takes a spend solution that’s embedded with AI, built on best practices, and driven by continuous innovation. It means making expense experiences as effortless as possible for every employee.

So how do you know if your business is equipped to manage expenses in a hybrid model? How do you know if your processes will be able to keep spending in check? Ask yourself these seven questions:  

  1. Have your attempts to automate actually made improvements?
  2. Are you offering employee support right where they work?
  3. Are you seeing what hybrid-based spending is showing you?
  4. Are you fine-tuning your remote-work expense categories?
  5. Are you still messing around with paper receipts?
  6. Are you auditing and verifying expenses and charges?
  7. How long are your approval times, and have you taken time to check?

To get more details on these questions, download the evaluation check list, Are your expense processes keeping up with hybrid work? 7 questions for finance.