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Reducing expense reimbursement payment cycle
April 13, 2022
Q. We currently pay out of pocket travel and non-travel reimbursements via AP on a weekly basis. We are strongly considering changing the reimbursement payment cycle to once at the end of each month.
I understand it is best practice for most to pay reimbursements through payroll and that is our plan as well. But first we thought we'd reduce our payment cycle in AP to once a month to get a bit closer to what is considered best practice AP process.”The biggest benefits we are envisioning from…
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