oboloo Glossary

Corporate Expense Policy

oboloo Glossary

Corporate Expense Policy

Corporate Expense Policy is the set of rules and guidelines that companies put in place to govern employee spending. It outlines who can spend what, when and on which items, providing clarity and consistency for all involved. Furthermore, a strong corporate expense policy sets the tone for fiscal responsibility and stewardship When created with care, it protects the company’s bottom line and makes sure employees get the most out of their travel and business opportunities. By providing clear and well-defined policies, companies ensure their employees remain informed, productive and compliant.