Expenses Management

Expense management refers to the systems deployed by a business to process, pay, and audit employee-initiated expenses. Fixed expenses are expenses that do not change in cost for their duration period. An example would be, that your Newspaper subscription is $25 a month. You know that every month you are going to be paying $25 for your newspaper subscription. Since it’s the same amount every month that makes it a fixed expense. Fixed expenses could be utility bills, housing bills, transportation bills, etcetera…