Do you have T&E internal audits in place?

One of the missions of an internal audit team is to review the expense compliance compared to policies and procedures approved by an organization. A T&E audit is especially important due to the complexity of the spend, the number of suppliers and the meeting/event contracts that may be at risk.  Even appropriate spend could tarnish an image...as reported in this article published today:

http://m.apnews.com/ap/db_8560/contentdetail.htm?contentguid=NKZa0d1Y

If you want help with your T&E spend, in any category, please contact me.

Debi Scholar, CMM, CMP, CTE, CTT

Thank you for visiting the T&E Plus Blog on expense management, travel management, business meetings, strategic meetings management, entertainment, virtual meetings, tickets, hotels, airlines, ground transportation plus more...

Comments

[Brad S @ Topaz]

Debi, you make some great points about conducting audits on your T&E. This is a prime area of focus for many companies out there because the approval process is usually a rubber stamp method resulting in some real issues later on if they are uncovered. Imagine things like pet manicures, expensive tickets to sporting events and $500 bottles of wine - all things I have seen in the past!