Expense Tracking

Expense tracking refers to the systematic recording and monitoring of expenses incurred by employees during business operations, particularly during travel. This can include receipts for flights, hotels, meals, taxis, or client entertainment. It ensures all spend is documented accurately and aligned with the company’s financial policies. Modern expense tracking systems automate this process using mobile apps, receipt scanning, and real-time integrations with corporate credit cards and travel booking platforms. This not only saves time but reduces human error and prevents fraudulent reporting. For companies managing large volumes of travel and operational costs, like those using TripGain, efficient expense tracking is essential. It provides insights into spending trends, supports budgeting, and improves reimbursement cycles while ensuring transparency across the organization.