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With Aspire, we have control and visibility into all expenditure, allowing us to act swiftly and make informed decisions.",[],{"_key":1059,"caseStudy":1060,"statistics":1062,"testimonial":1069},"testimonial-multiplier",{"slug":1061},"multiplier",[1063,1066],{"_key":1064,"label":106,"value":1065},"multiplier-stat-1","760hrs",{"_key":1067,"label":106,"value":1068},"multiplier-stat-2","$73,000",{"authorImage":1070,"authorName":1073,"authorTitle":1074,"companyLogo":1075,"quote":1076},{"_type":144,"alternativeText":1071,"height":1011,"url":1072,"width":1011},"Sagar Khatri, Co-Founder at Multiplier","https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002Fd7d132b57bd1ee785cf2cc90d025f64a\u002F6a2f962188e9b1e030bfd529_Sagar-Khatri.png","Sagar Khatri","Co-Founder at Multiplier",{"_type":144,"alternativeText":906,"height":903,"url":904,"width":905},[1077],{"_key":1021,"_type":1022,"children":1078,"markDefs":1082,"style":1030},[1079],{"_key":1025,"_type":1026,"marks":1080,"text":1081},[],"For organisations with many moving parts like ours, budgeting is important. Being unable to view our state of expenses at any given time causes challenges to modern businesses like ours.",[],{"_key":1084,"_type":1085,"ctas":1086,"footnote":171,"heading":1092,"image":1093,"mediaVisibleFrom":1097,"variant":1098},"cta-band","ctaSection",[1087],{"_key":1088,"_type":851,"link":1089,"variant":855},"cta-band-0",{"_type":131,"externalUrl":433,"form":171,"internalTarget":1090,"label":1091,"linkType":359,"openInNewTab":129},{"_type":171,"slug":171},"Get Started for free","Save time submitting claims and reconciling",{"_type":144,"decorative":129,"height":1094,"url":1095,"width":1096},736,"https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fimages\u002F6006d33327d983a6f3103280eb75b151\u002F69f9b89fdf8d0b4494a1ef6d_business-account-cta.webp",1048,"md","imageFullBleedDark",{"_key":1100,"_type":1101,"faqs":1102,"groups":171,"heading":1145},"faq","faqSection",[1103,1115,1125,1135],{"_id":1104,"answer":1105,"question":1114},"faq-HK-what-does-a-reimbursement-refer-to",[1106],{"_key":1107,"_type":1022,"children":1108,"markDefs":1113,"style":1030},"k1",[1109],{"_key":1110,"_type":1026,"marks":1111,"text":1112},"k0",[],"Reimbursement is the compensation paid by a corporation to it's employee when an employee makes an out-of-pocket payment for the benefit of the corporation.",[],"What does a reimbursement refer to?",{"_id":1116,"answer":1117,"question":1124},"faq-HK-is-reimbursement-same-as-refund",[1118],{"_key":1107,"_type":1022,"children":1119,"markDefs":1123,"style":1030},[1120],{"_key":1110,"_type":1026,"marks":1121,"text":1122},[],"No. Reimbursement is the settlement of out-of-pocket expenses incurred by an employee whereas a refund is when a corporation pays back the customer for goods or services purchased earlier from the said corporation.",[],"Is reimbursement same as refund?",{"_id":1126,"answer":1127,"question":1134},"faq-HK-what-is-an-example-of-a-reimbursement",[1128],{"_key":1107,"_type":1022,"children":1129,"markDefs":1133,"style":1030},[1130],{"_key":1110,"_type":1026,"marks":1131,"text":1132},[],"Here's an example of reimbursement: Let's say an employee purchased flight tickets for a business trip using their own personal card since the corporate card was not available. He then submits a reimbursement claim, for this amount, to the comapny, given that he spent the money for business purposes. The company, subsquently reviews and approves this claim, and pays back the flight ticket cost to the employee. The money is thus reimbursed to the employee.",[],"What is an example of a reimbursement?",{"_id":1136,"answer":1137,"question":1144},"faq-HK-is-reimbursement-a-compensation",[1138],{"_key":1107,"_type":1022,"children":1139,"markDefs":1143,"style":1030},[1140],{"_key":1110,"_type":1026,"marks":1141,"text":1142},[],"Reimbursement is when out-of-pocket expenses are paid back to employees, whereas compensation is when employees are paid for their time or effort.",[],"Is reimbursement a compensation?","FAQ about Aspire Business Account",{"_type":139,"metaDescription":1147,"metaTitle":1148,"noIndex":142},"Streamline employee expense claims in HK. Snap receipts, automate multi-level approval workflows, and reimburse staff instantly, all synced directly to Xero.","Automated Employee Claims & Reimbursements",{"_type":1150,"current":240},"slug","Fuss-free employee reimbursement claim management",1791455331362]