Expense Management Best Practices for Professional Services Firms

Professional service firms have the some of the most demanding requirements for employee expense management. With a large number of expenses being client-billable, it is extremely important to have a quick and accurate reporting  in order to streamline internal processes as well as maintain compliance with external client expenses and billing policies.

Managing a travel and expense program for professional services organizations need not be excessively burdensome, even when incorporating the policies of many clients. By creating a robust and workable policy and workflow, best in class practices and common sense, there is no reason why expenses should pose any major challenge. 

Chrome River has put together this executive whitepaper for professional services firms featuring twelve best practices that we've witnessed across law firms, accounting firms, advertising agencies, consulting organizations, and engineering firms.