HR & Recruiting Glossary
This glossary will support any HR professional, business owner, or hiring manager. Here you will be able to find the knowledge of key terms and concepts shaping the hiring world.
What is Expense Management?
Expense management refers to a company's processes and systems in place to plan, track, and control their spending. Expense management aims to ensure that an organization's financial resources are used efficiently and within its budgetary constraints.
Expense management includes a wide range of activities, such as:
- Expense Tracking
- Approval Processes
- Expense Reporting
- Audit and Compliance
- Vendor Management
Does ApplicantPro offer Expense Management Software?
Yes, ApplicantPro offers a Full HCM solution that is customizable to fit your needs! This solution includes Onboarding, Payroll, Human Resources, Benefits Enrollment and Administration, Time and Labor Management, Scheduling, and Expense Management!
How can ApplicantPro help with our Expense Management needs?
With ApplicantPro Expense Management, you can streamline your processes. Empower your employees and managers to effortlessly submit, oversee, and approve individual expense entries. You can gain transparent insights into expense statuses and pay history. Our intuitive system automates processes, ensures regulatory compliance, and enhances employee engagement.
With our software, you can ensure alignment with company budget goals and policies while gaining visibility into what funds are moving in and out of the business. With employment laws and expense regulations constantly evolving, this is more important than ever.