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Employee expenses have changed a lot in the last three years. Take, for example, our imaginary salesperson Layla. In 2020, she was expensing things like an ergonomic chair, new SaaS tools, and tech equipment to help fulfill her role at home. In 2022, the SaaS remains, but Layla’s now booking flights and attending conferences as travel and networking opportunities resume.
For businesses, understanding Layla and her colleagues’ spending is vital. Organisations need to know what everyone is spending, where, and how. And they need to track spending efficiently so they can appropriately forecast, budget, plan, and optimise their efforts.