oboloo Glossary

Expense Reimbursement System

oboloo Glossary

Expense Reimbursement System

An Expense Reimbursement System is a convenient and efficient way to manage employee-incurred expenses. By offering employees the ability to submit and track their expense requests, companies can better control costs by ensuring that reimbursements are appropriate and related to normal business operations. With an effective system in place, businesses can save time and money, as well as promote transparency and trust between employers and employees.