Policies & Procedures

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Q. We’re implementing a P-card program and new T&E cards at the beginning of 2021. We are trying to make sure that we have the right card spending limits assigned to people. What are reasonable… Read More
Q. I would like to know how other Companies are handling internet reimbursement for their employees. Specifically, Are you reimbursing employees? What is your policy and criteria for… Read More
Q. I am interested to find out if any of the IOFM members are thinking or making any changes to their T&E policy as a result of COVID-19 and if so, what are these? A. (Answered by the IOFM Advisory… Read More
Q. For companies processing expense/indirect spend invoices, how do they manage approval levels for persons authorized to approve them? Is the approval authority based on position/title, dollar… Read More
Q. What is the best way to reimburse candidates for travel expenses, especially the out-of-pocket ones? Do most companies use some kind of debit or credit card, or are they reimbursed by check? Are… Read More
Q. Now that we have employees working from home regularly, I'm trying to determine what things are legitimate reimbursable expenses. Is there any guidance about this available? A. This article from… Read More
Q. Is there guidance on paying an expense reimbursement for car service due to an employee working during commuting? He is taking a car service home and is expensing it because he is working… Read More
Q. Is there a regulation or policy on senior executives flying private jet service to business meetings related to possible new business ventures? For example, due to the COVID pandemic, three… Read More
Q. We normally indicate that an employee's normal work location is the home base and mileage is calculated for the day based on subtracting mileage to/from home/work (normal work location). If the… Read More
Q. Now that the coronavirus is becoming more widespread our company has imposed travel restrictions both domestically and internationally. We have several employees who have pre-booked airfare and… Read More

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