Reimbursement process

Reimbursement is the process where individuals or organizations get repaid for expenses they've paid out of pocket, often related to work or insurance coverage. After incurring an expense, you submit a claim or receipt to the responsible party—such as an employer or insurance company—detailing what you spent. Once reviewed and approved, they send you the money back, covering the costs. This process ensures that you are compensated fairly for expenses incurred on behalf of the company, organization, or insurance policy, maintaining transparency and accountability.