Expenses can bleed a company slowly to death. Spending too much. Not accounting expenses correctly.  Having no or poor expense oversite or policies. These are common expense-related problems many business owners face. 

To improve both company performance and the bottom line businesses must create and enforce clear selling, general, administrative and employee expense management policies and effective procedures. This is important because expenses directly affect your cash flow and profit margins.

When you implement best practices, you will experience a reduction in costs, improve regulatory compliance and reduce your risk of fraud.