{"id":39163,"date":"2020-10-26T09:45:09","date_gmt":"2020-10-26T01:45:09","guid":{"rendered":"https:\/\/zegal.com\/?p=39163"},"modified":"2023-10-09T14:01:36","modified_gmt":"2023-10-09T06:01:36","slug":"manage-company-costs-remote-workplace","status":"publish","type":"post","link":"https:\/\/zegal.com\/en-hk\/blog\/post\/manage-company-costs-remote-workplace\/","title":{"rendered":"How to Manage Your Company\u2019s Costs in the Remote Workplace"},"content":{"rendered":"<div id=\"contentsContainer\">\n<div id=\"contents\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-39171\" src=\"https:\/\/zegal.com\/wp-content\/uploads\/2020\/10\/Volve_Zegal_Blog_1200x800-1.jpg\" alt=\"open laptop\" width=\"1200\" height=\"800\" srcset=\"https:\/\/zegal.com\/wp-content\/uploads\/2020\/10\/Volve_Zegal_Blog_1200x800-1.jpg 1200w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/10\/Volve_Zegal_Blog_1200x800-1-320x213.jpg 320w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/10\/Volve_Zegal_Blog_1200x800-1-768x512.jpg 768w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/10\/Volve_Zegal_Blog_1200x800-1-640x427.jpg 640w, https:\/\/zegal.com\/wp-content\/uploads\/2020\/10\/Volve_Zegal_Blog_1200x800-1-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 770px\" \/><\/p>\n<p id=\"E584\" class=\"qowt-stl-Heading2\"><span id=\"E585\" class=\"qowt-font6-Calibri\">Having your team spread all around the country (or even the world in some cases) can provide your business with a notable competitive advantage. After all, not all the talent and expertise in an industry <\/span><span id=\"E587\" class=\"qowt-font6-Calibri\">are located in<\/span><span id=\"E589\" class=\"qowt-font6-Calibri\"> a single city, region, or continent. As an added benefit, working remotely offers your employees increased flexibility, ultimately saving them time on their <\/span><span id=\"E591\" class=\"qowt-font6-Calibri\">commute<\/span><span id=\"E593\" class=\"qowt-font6-Calibri\"> and allowing them to concentrate on their work without constant face-to-face interruptions. <\/span><\/p>\n<p id=\"E594\" class=\"qowt-stl-Heading2\"><span id=\"E595\" class=\"qowt-font6-Calibri\">Of course, as <\/span><span id=\"E597\" class=\"qowt-font6-Calibri\">you&#8217;ll<\/span><span id=\"E599\" class=\"qowt-font6-Calibri\"> see, there\u2019s a lot that goes into creating and managing an effective team of remote workers. <\/span><\/p>\n<h4 id=\"E600\" class=\"qowt-stl-Heading2\"><span id=\"E601\" class=\"qowt-font6-Calibri\">The <\/span><span id=\"E602\" class=\"qowt-font6-Calibri\">Main<\/span><span id=\"E603\" class=\"qowt-font6-Calibri\"> Challenges <\/span><span id=\"E604\" class=\"qowt-font6-Calibri\">of<\/span><span id=\"E605\" class=\"qowt-font6-Calibri\"> Remote Teams<\/span><\/h4>\n<p id=\"E607\"><span id=\"E608\" class=\"qowt-font6-Calibri\">As more and more companies embrace remote work, <\/span><span id=\"E610\" class=\"qowt-font6-Calibri\">it\u2019s<\/span><span id=\"E612\" class=\"qowt-font6-Calibri\"> important to remember that there are still many challenges in operating a business this way. In fact, the Harvard Extension School just recently put out a study identifying the three major issues that need to be overcome for remote work to<\/span><span id=\"E613\" class=\"qowt-font6-Calibri\"> be successful on a large scale<\/span><span id=\"E614\" class=\"qowt-font6-Calibri\">. <\/span><span id=\"E615\" class=\"qowt-font6-Calibri\">They are: <\/span><\/p>\n<ul>\n<li id=\"E617\" class=\"qowt-li-6_0 qowt-list qowt-stl-ListParagraph\"><span id=\"E618\" class=\"qowt-font6-Calibri\">Trust<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Communication<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Productivity<\/span><\/li>\n<\/ul>\n<p id=\"E624\"><span id=\"E625\" class=\"qowt-font6-Calibri\">Obviously, all three of these issues are <\/span><span id=\"E627\" class=\"qowt-font6-Calibri\">directly related<\/span><span id=\"E629\" class=\"qowt-font6-Calibri\"> in a lot of ways. Yet they also affect nearly every department function in your average company, from sales and marketing to finance and HR. They are also indicative of broader concern many companies have related to spending. <\/span><\/p>\n<p id=\"E631\"><span id=\"E632\" class=\"qowt-font6-Calibri\">It should also come as no surprise that the COVID-19 pandemic brought both remote work and its associated challenges to the forefront. With little preparation, many companies suddenly had to mandate that employees work from home, with many managers having to immediately implement digital solutions they had previously been slow to embrace. <\/span><\/p>\n<p id=\"E634\"><span id=\"E635\" class=\"qowt-font6-Calibri\">Within days of the stay-at-home mandate, platforms like Zoom, <\/span><span id=\"E637\" class=\"qowt-font6-Calibri\">Slite<\/span><span id=\"E639\" class=\"qowt-font6-Calibri\">, and Slack became invaluable for keeping up team communication and allowing managers to keep track of progress. Understandably, employers became immediately and increasingly concerned with <\/span><span id=\"E640\" class=\"qowt-font6-Calibri\">their ability to keep information moving despite the sudden decentralization of their business.<\/span><\/p>\n<\/div>\n<\/div>\n<div id=\"contentsContainer\">\n<div id=\"contents\">\n<p><span class=\"qowt-font6-Calibri\">In many cases, financial processes were put on the proverbial \u201cback burner.\u201d<\/span><\/p>\n<h4 id=\"E643\"><span id=\"E644\" class=\"qowt-font6-Calibri\">Remote Spending: Two <\/span><span id=\"E645\" class=\"qowt-font6-Calibri\">Important Principles<\/span><span id=\"E647\" class=\"qowt-font6-Calibri\"><br \/>\n<\/span><\/h4>\n<p id=\"E648\"><span id=\"E649\" class=\"qowt-font6-Calibri\">There are two main tools that many successful remote teams use to manage and control their spending processes. Before we discuss them, however, we should consider several factors that strongly influence remote spending procedures. These include: <\/span><span id=\"E651\" class=\"qowt-font6-Calibri\"><br \/>\n<\/span><\/p>\n<ul>\n<li id=\"E656\" class=\"qowt-li-2_0 qowt-list\"><strong><span id=\"E657\" class=\"qowt-font6-Calibri\">Asynchronous <\/span><span id=\"E658\" class=\"qowt-font6-Calibri\">C<\/span><span id=\"E659\" class=\"qowt-font6-Calibri\">ommunication<\/span><\/strong><span id=\"E660\" class=\"qowt-font6-Calibri\"> \u2013 <\/span><span id=\"E661\" class=\"qowt-font6-Calibri\">Most <\/span><span id=\"E662\" class=\"qowt-font6-Calibri\">managers know how important good communication is to a successful team. While it can be difficult to collaborate remotely, it can be even more challenging to use that communication to facilitate efficient spending. Using <a href=\"https:\/\/www.helpwire.app\/blog\/asynchronous-communication-tools\">Asynchronous communication tools<\/a>, which functions more as a form of data storage, stakeholders can identify crucial information at every stage of payment.\u00a0<\/span><\/li>\n<li><strong><span id=\"E667\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">Real-<\/span><span id=\"E668\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">Time Reporting<\/span><\/strong><span id=\"E669\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\"> \u2013 Traditional <\/span><span id=\"E670\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">payment processing tends to keep finance teams and accountants in the dark regarding purchase details. By instituting an online payment solution that supports many different payment vehicles, reports can be aggregated in real-time (and with much more accuracy).\u00a0<\/span><\/li>\n<\/ul>\n<h4 id=\"E672\" class=\"qowt-stl-Heading2\"><span id=\"E675\" class=\"qowt-font6-Calibri\">Managing<\/span><span id=\"E676\" class=\"qowt-font6-Calibri\"> the Three <\/span><span id=\"E677\" class=\"qowt-font6-Calibri\">Key Aspects <\/span><span id=\"E678\" class=\"qowt-font6-Calibri\">of Company Spending<\/span><\/h4>\n<p id=\"E681\" class=\"qowt-stl-Heading4\"><span id=\"E682\" class=\"qowt-font6-Calibri\">Before the \u201cRemote Work Revolution,\u201d and certainly before COVID-19, spending and accounting procedures were highly centralized. When employees needed to cover expenses, they could request a company or departmental credit card or simply submit expense reports to their managers for approval. Of course, remote working situations are highly decentralized by their very design. This makes successfully managing spending dependent on three things: <\/span><\/p>\n<h4 id=\"E683\" class=\"qowt-stl-Heading4\"><span id=\"E684\" class=\"qowt-font6-Calibri\">Online <\/span><span id=\"E685\" class=\"qowt-font6-Calibri\">Purchasing<\/span><span id=\"E686\" class=\"qowt-font6-Calibri\"> <\/span><\/h4>\n<p id=\"E687\" class=\"qowt-stl-Heading4\"><span id=\"E688\" class=\"qowt-font6-Calibri\">In the past, the purchasing <\/span><span id=\"E689\" class=\"qowt-font6-Calibri\">process <\/span><span id=\"E690\" class=\"qowt-font6-Calibri\">was quite straightforward. Employees would select the resources they required<\/span><span id=\"E691\" class=\"qowt-font6-Calibri\"> and then<\/span><span id=\"E692\" class=\"qowt-font6-Calibri\"> state their case via a purchase order or reques<\/span><span id=\"E693\" class=\"qowt-font6-Calibri\">t. Once approved, they could <\/span><span id=\"E694\" class=\"qowt-font6-Calibri\">pay for <\/span><span id=\"E695\" class=\"qowt-font6-Calibri\">what they needed<\/span><span id=\"E696\" class=\"qowt-font6-Calibri\"> with a company card, request a cash advance, or pay for it on their own and apply for reimbursement. <\/span><\/p>\n<p id=\"E698\"><span id=\"E699\" class=\"qowt-font6-Calibri\">This <\/span><span id=\"E700\" class=\"qowt-font6-Calibri\">does not and cannot apply to a remote work environment. Fortunately, the use of <\/span><a id=\"E701\" contenteditable=\"false\" href=\"https:\/\/volve.cc\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E702\" class=\"qowt-font6-Calibri qowt-stl-Hyperlink\">virtual credit cards<\/span><\/a><span id=\"E703\" class=\"qowt-font6-Calibri\"> has proven an effective option. These devices function and track purchases in much the same ways as standard cards, with one distinct advantage. This is that each virtual card is can only be used for a specific type of expense. So, should the card be acquired by an <\/span><span id=\"E704\" class=\"qowt-font6-Calibri\">untrustworthy party or used by an employee for an unverified purchase, <\/span><span id=\"E706\" class=\"qowt-font6-Calibri\">it would simply not function.\u00a0<\/span><\/p>\n<\/div>\n<\/div>\n<div id=\"contentsContainer\">\n<div id=\"contents\">\n<h4><span id=\"E711\" class=\"qowt-font6-Calibri\">How the Process Breaks Down: <\/span><\/h4>\n<ul>\n<li id=\"E713\" class=\"qowt-li-9_0 qowt-list qowt-stl-ListParagraph\"><span id=\"E714\" class=\"qowt-font6-Calibri\">An employee identifies a resource <\/span><span id=\"E715\" class=\"qowt-font6-Calibri\">they need<\/span><span id=\"E716\" class=\"qowt-font6-Calibri\"> for business purposes<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">That employee requests a virtual credit card from their respective department head (usually through email)<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Upon approval of the purchase, the manager sends the employee a virtual credit card<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">The employee uses it to complete the approved purchase<\/span><\/li>\n<li><span id=\"E725\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">In order to<\/span><span id=\"E727\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\"> establish clear reporting, the employee then attaches the invoice \/ receipt to the purchase entry in the virtual credit card payment app<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">The accounting team immediately receives all the documentation they need<\/span><\/li>\n<\/ul>\n<h4 id=\"E732\" class=\"qowt-stl-Heading4\"><span id=\"E735\" class=\"qowt-font6-Calibri\">Department <\/span><span id=\"E736\" class=\"qowt-font6-Calibri\">Cards <\/span><span id=\"E737\" class=\"qowt-font6-Calibri\">vs<\/span><span id=\"E738\" class=\"qowt-font6-Calibri\">.<\/span><span id=\"E739\" class=\"qowt-font6-Calibri\"> Corporate <\/span><span id=\"E740\" class=\"qowt-font6-Calibri\">Cards<\/span><\/h4>\n<p id=\"E742\"><span id=\"E743\" class=\"qowt-font6-Calibri\">Issuing credit cards to every single department was once a popular way to streamline corporate spending. However, many large companies found that the logistics of managing so many cards were quite tricky. Corporate cards, however, solve this problem. Aside from offering real-time payment tracking and reporting, they make it much easier for management to established pre-set spending rules, put spend limits on cards, and set cards to only be used for specific item categories.<\/span><\/p>\n<h4 id=\"E745\"><span id=\"E746\" class=\"qowt-font6-Calibri\">How the Process Breaks Down:<\/span><\/h4>\n<ul>\n<li id=\"E748\" class=\"qowt-li-8_0 qowt-list\"><span id=\"E749\" class=\"qowt-font6-Calibri\">Each employee is issued a corporate card<\/span><\/li>\n<li><span id=\"E751\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">Each card <\/span><span id=\"E752\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">has a set spending limit<\/span><\/li>\n<li><span id=\"E754\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">When a purchase is made, the employee photographs the receipt and uploads it to the app<\/span><span id=\"E755\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">.<\/span><\/li>\n<li><span id=\"E757\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">From this app, the purchase and documentation <\/span><span id=\"E758\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit; text-align: justify;\">can be viewed in real time by accounting \/ management.<\/span><\/li>\n<\/ul>\n<p id=\"E760\"><span id=\"E761\" class=\"qowt-font6-Calibri\">As an added benefit, these <\/span><a id=\"E762\" contenteditable=\"false\" href=\"https:\/\/volve.cc\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E763\" class=\"qowt-font6-Calibri qowt-stl-Hyperlink\">new types of <\/span><span id=\"E764\" class=\"qowt-font6-Calibri qowt-stl-Hyperlink\">corporate cards<\/span><\/a><span id=\"E765\" class=\"qowt-font6-Calibri\"> are not tied to the company\u2019s main bank accounts, ensuring <\/span><span id=\"E766\" class=\"qowt-font6-Calibri\">its<\/span><span id=\"E767\" class=\"qowt-font6-Calibri\"> assets are never at risk. <\/span><\/p>\n<h4 id=\"E771\" class=\"qowt-stl-Heading4\"><span id=\"E774\" class=\"qowt-font6-Calibri\">Reimbursements<\/span><\/h4>\n<p id=\"E776\"><span id=\"E777\" class=\"qowt-font6-Calibri\">People on both side<\/span><span id=\"E778\" class=\"qowt-font6-Calibri\">s<\/span><span id=\"E779\" class=\"qowt-font6-Calibri\"> of the process will often agree that expense reports are difficult to manage<\/span><span id=\"E780\" class=\"qowt-font6-Calibri\"> despite being <\/span><span id=\"E781\" class=\"qowt-font6-Calibri\">crucial <\/span><span id=\"E782\" class=\"qowt-font6-Calibri\">to the reimbursement process<\/span><span id=\"E783\" class=\"qowt-font6-Calibri\">. However, there are ways to manage <\/span><span class=\"qowt-font6-Calibri\" style=\"font-size: inherit;\">reimbursement in a more streamlined manner. Below, <\/span><span id=\"E785\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit;\">we\u2019ll<\/span><span id=\"E787\" class=\"qowt-font6-Calibri\" style=\"font-size: inherit;\"> outline how automation can completely eliminate manual expense reporting, spreadsheets, paper receipts, and \u2013 most importantly \u2013 human error.<\/span><\/p>\n<\/div>\n<\/div>\n<div id=\"contentsContainer\">\n<div id=\"contents\">\n<h4 id=\"E790\"><span id=\"E791\" class=\"qowt-font6-Calibri\">How the Process Breaks Down:<\/span><\/h4>\n<ul>\n<li id=\"E793\" class=\"qowt-li-5_0 qowt-list\"><span id=\"E794\" class=\"qowt-font6-Calibri\">An employee <\/span><span id=\"E795\" class=\"qowt-font6-Calibri\">purchases a pre-authorized expense with their own funds<\/span><span id=\"E796\" class=\"qowt-font6-Calibri\">.<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">They then log this expenditure in their expense tracking app, attaching a photo of their receipt.<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Their direct supervisor is notified of the expense claim and given the option to either approve it, deny it, or request additional info.<\/span><\/li>\n<li><span style=\"font-size: inherit; text-align: justify;\">Once approved, the finance team receives complete documentation of the expense, the approval, and everything else they need to remit payment.<\/span><\/li>\n<\/ul>\n<p id=\"E804\"><span id=\"E805\" class=\"qowt-font6-Calibri\">The best part of this process is that every step takes place on the <\/span><a id=\"E806\" contenteditable=\"false\" href=\"https:\/\/volve.cc\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E807\" class=\"qowt-font6-Calibri qowt-stl-Hyperlink\">same platform<\/span><\/a><span id=\"E808\" class=\"qowt-font6-Calibri\">, creating a new, centralized solution to the unavoidable decentralization caused by remote work. <\/span><\/p>\n<p id=\"E810\" class=\"qowt-stl-Heading2\"><strong><span id=\"E813\" class=\"qowt-font6-Calibri\">About <\/span><span id=\"E814\" class=\"qowt-font6-Calibri\">Vo<\/span><span id=\"E815\" class=\"qowt-font6-Calibri\">lve<\/span><\/strong><\/p>\n<p id=\"E816\"><a id=\"E817\" contenteditable=\"false\" href=\"https:\/\/volve.cc\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E818\" class=\"qowt-font6-Calibri qowt-stl-Hyperlink\">Volve<\/span><\/a><em><span id=\"E819\" class=\"qowt-font6-Calibri\"> is <\/span><span id=\"E820\" class=\"qowt-font6-Calibri\">a<\/span><span id=\"E821\" class=\"qowt-font6-Calibri\"> fully<\/span><span id=\"E822\" class=\"qowt-font6-Calibri\"> <\/span><span id=\"E823\" class=\"qowt-font6-Calibri\">automated <\/span><span id=\"E824\" class=\"qowt-font6-Calibri\">reporting and <\/span><span id=\"E825\" class=\"qowt-font6-Calibri\">expense management tool<\/span><span id=\"E826\" class=\"qowt-font6-Calibri\">. It <\/span><span id=\"E827\" class=\"qowt-font6-Calibri\">also <\/span><span id=\"E828\" class=\"qowt-font6-Calibri\">includes its own integrated corporate credit card<\/span><span id=\"E829\" class=\"qowt-font6-Calibri\"> system<\/span><span id=\"E830\" class=\"qowt-font6-Calibri\">, <\/span><span id=\"E831\" class=\"qowt-font6-Calibri\">allowing businesses to streamline<\/span><span id=\"E832\" class=\"qowt-font6-Calibri\"> <\/span><span id=\"E833\" class=\"qowt-font6-Calibri\">both <\/span><span id=\"E834\" class=\"qowt-font6-Calibri\">the expense and reimbursement process. In turn, this allows for greater productivity, increased transparency, and better communication between managers, accounting, and employees. <\/span><\/em><\/p>\n<p id=\"E836\" class=\"qowt-stl-Heading2\"><strong><span id=\"E837\" class=\"qowt-font6-Calibri\">About <\/span><span id=\"E838\" class=\"qowt-font6-Calibri\">the Author, <\/span><\/strong><strong><span id=\"E838\" class=\"qowt-font6-Calibri\">Rachelle Lee<\/span><\/strong><\/p>\n<p class=\"qowt-stl-Heading2\"><em><span id=\"E840\" class=\"qowt-font6-Calibri\">Prior to scaling next-generation financial services, Rachelle lived out of a suitcase across Asia working on a 3-year research plan gathering customer insights and <\/span><span id=\"E842\" class=\"qowt-font6-Calibri\">synthesising<\/span><span id=\"E844\" class=\"qowt-font6-Calibri\"> consumer decision journeys for global creative agencies, engaging with businesses on growth marketing, brand storytelling and customer engagement models for future business growth. She still drinks too much coffee, doing meaningful work with t<\/span><span id=\"E844\" class=\"qowt-font6-Calibri\">railblazers and innovators to bring greater literacy to spend management solutions<\/span><span id=\"E845\" class=\"qowt-font6-Calibri\">.<\/span><\/em><\/p>\n<p style=\"text-align: center;\"><b><i>This article does not constitute legal advice.<\/i><\/b><\/p>\n<p style=\"text-align: center;\"><i>The opinions expressed in the column above represent the author\u2019s own.<\/i><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/register.zegal.com\/\"><b>Start managing your legal needs with Zegal today<\/b><\/a><\/p>\n<h5 style=\"text-align: center;\"><a href=\"https:\/\/zegal.com\/zegal-partners\/\">BECOME A ZEGAL REFERRAL PARTNER<\/a><\/h5>\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/drive-results-remote-working\/\">READ MORE: Drive Results With Remote Workers<\/a><\/p>\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/businesses-emerging-in-china-covid-19\/\">FURTHER READING: Businesses Emerging In China During Covid-19<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Having your team spread all around the country (or even the world in some cases) can provide your business with a notable competitive advantage. After all, not all the talent and expertise in an industry are located in a single city, region, or continent. As an added benefit, working remotely offers your employees increased flexibility, [&hellip;]<\/p>\n","protected":false},"author":130,"featured_media":39165,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":5,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","inline_featured_image":false,"footnotes":""},"categories":[14278,133],"tags":[7108],"usecases":[],"businesstypes":[],"country":[],"class_list":["post-39163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-management","category-startup","tag-productivity"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.8 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Manage Your Company\u2019s Costs in the Remote 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