Monday, November 18, 2019

3 Ways to Reduce Inappropriate Expense Report Requests Management Resources

3 Ways to Reduce Inappropriate Expense Report Requests Management Resources 3 Ways to Reduce Inappropriate Expense Report Requests Management Resources You would think in the digital age, where company policies are more shareable and accessible than ever before, employees would know what types of expense report requests are acceptable - and not. However, findings from a recent Robert Half Management Resources survey suggest that there is no shortage of inappropriate expense report requests being submitted by workers. In fact, only 11 percent of CFOs interviewed said they have seen a decline in improper requests over the past three years. Some of the requests employees have made are downright off-the-wall - not to mention totally outrageous, in some cases. The CFOs who took part in our survey cited an array of unusual items that they have seen, including taxidermy services, dance classes, a flat-screen TV and rental homes. Check out our slideshow to see the 20 top unusual expense report requests from this year’s survey! In an article for the American Management Association (AMA), Tim Hird, executive director for Robert Half Management Resources, notes, “Amusing as (these) examples may be, the reality is that inappropriate expenses are costly to companies’ bottom lines.” He also presents three strategies that can help managers reduce the number of off-base expense report requests that come across their desks. Read the Article More resources for finance leaders See these posts for additional insights on how to control costs in your accounting and finance organization: Improving Cost Control: 4 Tips for Success: These tactics can help you design and implement effective cost control strategies for your business. Cost Control: 5 Strategies to Consider: Consider these five suggestions for taking a fresh approach to controlling costs for your business. 4 Cost Control Measures You Can’t Live Without: The strategies outlined in this post are good first steps toward achieving cost control.

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