It has been predicted that international business travel spending will exceed more than $1.6 trillion by the end of 2020. There are nearly 500 million business trips per year in the United States
[ Read More ]Missed payments are always there in accounts payable processes. Not sending invoices on time might be one of the reasons for this. Well, sending an invoice automatically on a periodic basis would
[ Read More ]The demands of corporate travelers are becoming more challenging day by day and for some travel managers, the travel costs are rising. There is also stiff competition from local travel agencies
[ Read More ]Controlling travel expenses of employees when costs are being incurred in overseas is one of the major challenges that managers are facing today. Diverse currencies and different legal systems
[ Read More ]To be competitive in the modern world, businesses are forced to manage their major processes more tactically, and procurement is one of them. The change in an organization’s thinking has
[ Read More ]In most organizations, procurement plays a crucial role because of the major influence it has on the overall cost of business. Between communicating across various departments and juggling
[ Read More ]Do you spend too much time reviewing and approving employee travel expenses? At times, travel and expense policies are too confusing, making it difficult for employees to claim expenses. Too many
[ Read More ]Hospitality is the most demanding industry as it deals with customers while controlling costs. Keeping all the expenses under control and handling all responsibilities can be overwhelming. Key
[ Read More ]Today, there are numerous corporate payment methods available and selecting the right payment method for your unique enterprise can be a challenging task. Corporate credit cards have historically
[ Read More ]Incorrect data is one of the major issues in expense management. With a manual spend reporting process, several rounds of amendments by the employee are often required before their expense claim
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