Lilly’s severance pay plan is an employee benefits plan that pays benefits out of the company’s general assets and is governed by ERISA, according to the court. The plan expressly states that an ...

Managing business travel expenses doesn't need to feel like navigating a maze of receipts, reimbursements, and compliance headaches. Nonetheless, per diem policies can create more confusion than ...

For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense ...

Employee credit cards let your team make purchases on your company's behalf using their own physical or virtual copy of your business credit card. They're a useful tool to help you control spending, ...

Manually tracking expense receipts shouldn't feel like a second job, but for most finance teams, that's what it can turn into. According to the Global Business Travel Association, 19% of expense ...

Managing employee expenses can be a headache for finance leaders. From tracking receipts to ensuring policy compliance, manual processes are time-consuming and prone to errors. Mismanaged expenses can ...

For finance teams at large companies, managing expenses involves more than approving reimbursements. Expense management includes controlling costs, ensuring compliance, and maintaining financial ...