Controlling expenses is an essential practice for businesses of all sizes. It involves tracking, analyzing and managing expenses to keep budgets in check and ensure financial success. By using reporting tools, businesses can identify areas where they are spending too much money and look for ways to reduce costs without compromising quality or service. Additionally, controlling expenses means establishing internal controls such as limitation of access to certain accounts and accounts payable authorization. Good expense control also means reviewing vendor contracts regularly for cost-saving opportunities. With a little effort, businesses can create a culture of cost-awareness that can help them remain financially strong and competitive.