travel expenses management

Travel expenses management involves planning, tracking, and controlling costs incurred during business trips. It ensures that employees' travel-related costs, such as transportation, accommodation, meals, and incidentals, are reasonable and within company policies. The process includes pre-approving expenses, recording receipts, and reimbursing employees accurately. Effective management helps control expenses, maintain financial transparency, and ensure compliance with company and legal regulations. Modern tools often automate this process, making it easier to monitor spending, generate reports, and optimize travel budgets.