Business Travel and Expense Policy Best Practices
By Teresa Hudson
With the summer travel season in full steam, some employees like to add a little pleasure to their businesses by tacking on personal travel time to a business trip. This can sometimes make it difficult to track authorized travel and related expenses and reimbursements. To make sure everyone is on the same page – companies should make sure they have a well-defined travel policy that clearly outlines what is considered authorized business travel, what expenses are covered by the company (pre-paid and reimbursable) and those that are not, and how and when reimbursements are made.