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Wednesday, August 03, 2005

Expense Reports 

The current issue of Folio: features a short piece and mini-survey on expense reports. Tony Silber polled 16 media executives on expense report practices, and notes "the most egregious expense-report violation[s]." I think I've seen worse, and you probably have, too.

I've signed off on thousands of expense reports over the years, submitted hundreds of such reports, and have created a variety of expense report policies. My basic policy--treat the company's money as if it were your own, use common sense and invest in the customer. And make sure you work with people whom you trust, and that they know that you trust them.

In the same vein, Folio: also presents a piece on Doing What It Takes to Land the Business, with some stories of creative ways consumer publishers have made sales, including jumping out of airplanes (one way to shave some money off those expense reports?) It would be great to see a b2b version of the same story.

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