Update the operating principle under Efficiency from "Spend company money like...

## Business Goal

Ensure that our expense policy relects GitLab's [spend company money like its your own operating principle](/handbook/values/#spend-company-money-like-its-your-own) while being highly efficient for accounting and other team members.

Ensure that our expense policy relects GitLab's [spend company money responsibly operating principle](/handbook/values/#spend-company-money-responsibly) while being highly efficient for accounting and other team members.

This will include:

## Exit Criteria

Updated expense policy and processes in line with GitLab's [spend company money like its your own operating principle](/handbook/values/#spend-company-money-like-its-your-own) that are clearly documented in the handbook.

Updated expense policy and processes in line with GitLab's [spend company money responsibly operating principle](/handbook/values/#spend-company-money-responsibly) that are clearly documented in the handbook.

## Roles and Responsibilities

Consider the time investment you are asking others to make with meetings and a permission process. Try to avoid meetings, and if one is necessary, try to make attendance optional for as many people as possible. Any meeting should have an agenda linked from the invite, and you should document the outcome. Instead of having people ask permission, trust their judgment and offer a consultation process if they have questions.

##### Spend company money like it's your own

##### Spend company money responsibly

Every dollar we spend will have to be earned back. Be as frugal with company money as you are with your own. In saying this, we ask team members to weigh the cost of purchases against the value that they will bring to the company.

Every dollar we spend will have to be earned back. Be frugal and responsible with company money. We ask team members to weigh the cost of purchases against the value that they will bring to the company.

Consider the degree to which a purchase increases your ability to better accomplish your work and achieve business [results](#results) relative to cost. Lowering overhead reduces the cost to operate the business and lets us shift spend toward other priority areas.