Expense management has tight integration with other lessons such as Accounts payable, General ledger, Procurement, and sourcing and Project management and accounting. Additionally, automating the entry and reimbursement of travel and entertainment expenses reduces processing costs versus manual entry.

To help curb these costs, expense management provides a mechanism to define and apply expense policies, in addition to flagging and reporting on abusers of the policies. Travel and entertainment expenses are a significant part of a company's controllable expense. Travel and expense management has a strong value proposition for organizations with discretionary spending. This workspace replaces the previous expense workspace and is the landing page for the improved entry experience.

When this functionality is turned on, a new expense workspace is available. You can add a new setup page to configure the visibility of expense fields, and specify what data is required, optional, or not available when expense reports are entered. You can turn on this functionality in Feature management. Expense report entry has been redesigned to simplify the experience and decrease the time that is required to complete expense reports.

You can also define expense policies and automate the reimbursement of travel expenses. You can use the Dynamics 365 Finance and Operations apps expense management to create an integrated workflow where you can store payment method information, import credit card transactions, and track the money that employees spend when they incur expenses for your business.

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