Procurement Magazine November 2022 | Page 94

their own industry-leading partners , while using the same tools across many countries .
A picture of effective travel expense management “ Travel and expense management solutions are most effective when they are fully integrated with one another ,” says Sultan . “ Integrated T & E solutions simplify things for travellers , making it easier to book travel from a desktop or mobile device , from an online booking tool or directly on a supplier ’ s website .”
Such solutions ensure that travellers utilise any negotiated corporate rates and increase compliance by automatically enforcing corporate travel policies – including more sustainable itinerary options . They automate the expense report process to make things simple for travellers , and give companies better data and visibility to improve budgeting , forecasting , and policy compliance . Also , they integrate with industry-leading partners to extend the value of a company ’ s travel and expense data into areas like financial services , audit , or tax compliance .
Top tips for organisations looking to enhance their travel expense management As Sultan mentioned , the corporate travel industry has undergone immense change over the past two and a half years . Of this period , he says : “ 100 % of travel managers we surveyed expect their jobs to become more challenging in the next 12 months .”
Implementing integrated travel and expense technologies that are flexible , supporting multiple content sources and booking channels , and scalable as you grow will set up a corporate travel programme for success , now and in the future . “ Look for technology vendors that can help you achieve your sustainability goals and partner with other industry leaders to bring more innovation to extend the value of your investments .”

“Travel and expense management solutions are most effective when they are fully integrated with one another ”

CHARLIE SULTAN PRESIDENT , CONCUR TRAVEL
94 November 2022