TRAVEL EXPENSE MANAGEMENT
“ 100 % of travel managers we surveyed expect their jobs to become more challenging in the next 12 months ”
CHARLIE SULTAN PRESIDENT , CONCUR TRAVEL
spending on flights , hotels , and ground transportation is necessary to visit customers , attend industry events in-person , or gather for internal company purposes . Travel expense management aims to help companies manage that employee-initiated spend , reducing risk , saving money , and ensuring compliance without sacrificing employee productivity and satisfaction .
Sultan remarks that “ there are 4 main elements that demand consideration for an organisation to be successful in their travel expense management ”.
But what exactly are these elements ? Organisational silos - This issue rests on the integration of data and transparency . Many companies keep track of travel bookings and spend data separately , which prevents a comprehensive overview – and complete control – of company spend . Fullyintegrated travel and expense solutions are instrumental in tracking employee spending as it happens . With a more accurate ,
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