TRAVEL EXPENSE MANAGEMENT
“ There are four main elements that demand consideration for an organisation to be successful in their travel expense management : organisational silos , the impact of the pandemic , sustainability , and the great resignation ”
CHARLIE SULTAN PRESIDENT , CONCUR TRAVEL
streamlined process , administrators can improve financial reporting and forecasting . The impacts of the pandemic - The events of the past two and a half years have forced companies to adjust their travel and expense policies overnight . As travel continues to track back up towards 2019 levels and the world settles into the ‘ new normal ’, companies are now considering how to further adjust policies to attract and retain talent , and meet organisational goals . Sustainability - From stakeholders to employees , businesses are seeing increased demand to set and execute on sustainability objectives , with reducing emissions a key component of that objective . Historically , travel has been a difficult area for organisations to manage . SAP Concur solutions help organisations influence , measure and manage their end-to-end impact from their travel and expense programme . The Great Resignation - SAP Concur surveyed nearly 4000 business travellers across the globe and found that nearly a quarter will look for a new position if their travel schedule doesn ’ t improve . Such a mass resignation is something which , on some level , has already had – and , if not
92 November 2022