More than one-third of U.S. workers wait two weeks or more to be reimbursed for business expenses, straining both employee bank accounts and employee retention. The latest Workforce Spend Management Tracker highlights the latest tech to turn these corporate IOUs into managed spend, and Frank...
It’s an inconvenience many field-based employees face: being forced to dip into their own personal accounts to make company purchases for work-related projects, then enduring the hassle of filing and waiting for reimbursement. Whether they’re buying a plane ticket to visit clients, furnishing food for...
When disaster strikes, relief workers mobilize. But rebuilding wrecked homes and opening shelters takes time and involves unexpected expenses. Carrying cash is risky, and getting reimbursed for out-of-pocket purchases takes time. In the inaugural Workforce Spend Management Tracker™, Erik Dyson, CEO of the nonprofit All...
It takes money to make money, but spending money in pursuit of that mission is often a mismanaged ordeal — that’s especially true in field-based services. Corporate spend solution providers are working to resolve this by empowering companies to trust field-based workers for making appropriate...
