
Since you’re looking for your first job, it’s probably a safe assumption that you are not familiar with “expensing” things. Hopefully you will be one day (soon). Many companies (especially consulting firms) allow their employees to pay for travel, lodging, and food, and then submit receipts to the company to get reimbursed. It can be pretty sweet if you’re getting $30 a night to spend on dinner, while racking up credit card points and frequent flier miles at no expense to you, but the downside is that submitting expense reports to get reimbursed is time consuming and quite annoying. Concur, a Redmond, WA based company that I learned about in Sramana Mitra’s Entrepreneur Journeys, solves this problem through their “on-demand Employee Spend Management business services.” Put simply, they have a suite of solutions that enables companies to automate the expensing process.
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