Expenditure refers to the total costs incurred by a business for its operations, workforce, and resources. It includes both capital expenditures (long-term investments like infrastructure and equipment) and operational expenditures (recurring costs like salaries, benefits, and compliance fees).

For industries like manufacturing, retail, logistics, and facility management, effective workforce expenditure management is crucial for optimizing budgets, controlling payroll costs, and ensuring compliance with labor laws. Businesses often use HRMS platforms and financial tracking tools to monitor workforce-related expenses, vendor payments, and cost-efficiency metrics.