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well-defined expense reimbursement policy is essential for maintaining a healthy employee-employer relationship, as delays in reimbursement can signal that the company does not value its staff’s time, money, or effort. Best practices demonstrate that clear, enforceable policies reduce reimbursement cycles, prevent errors, and foster trust among employe
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s. Additionally, automating and refining reimbursement policy enforcement can result in an average 23% decrease in business travel and expense costs. This article explains what makes a good expense reimbursement policy, as well as best practices for implementation. It also provides a free customizable template to help you improve your organization&
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