Expense reporting systems can be defined as a software solution designed to support businesses with the management of employee expense tracking and reimbursement. This tool assists businesses in accurately recording, monitoring and managing their employee expenses – giving them greater control over their finances and better overall financial visibility. It also streamlines the manual process of collecting, approving, and reimbursing employee expenses. In short, an expense reporting system is like having a financial assistant at your fingertips – providing administrators with realtime access to information and providing employees with a convenient way to track their expenses while ensuring accuracy and compliance.