5 Hot Tips for Director Travel & Reimbursement Policies

Director travel & expense reimbursement policies are either embedded into a broad corporate travel & expense policy – known as a “T&E” policy – or exist as a standalone policy just for outside directors.

The policy typically is driven by the corporate secretary. But its implementation – the collection of the receipts might be handled by another department, like finance or Treasury. Your company might even have a separate travel department that handles much of the details and paperwork.

Here are five hot tips about director travel you should know:

• Bare-bones policies should set boundaries
• Duck problems with air travel
• Use the policy to say ‘no’
• Train those implementing the policy
• Never delegate all the menial travel tasks

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