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The new Business Expense Policy is now in place as of March 30, 2022.

DEPARTMENT(S): 
April 22, 2022

The purpose of the new Business Expense Policy is to provide clear and consistent understanding regarding expenses for WPI employees and affiliates, to establish equitable standards across all departments and to comply with IRS Business Expense treatment. The policy acts as an umbrella policy for other more specific policies referenced in it, and provides guidance, user roles and limits applicable to all expenses across the institution. The Business Expense Policy provides consistency among required pre-approval for Workday spend authorization/requisition regardless of the payment method, while allowing departments or other policies have more restrictive guidelines or limits.