As companies work to cut down costs and ensure every penny spent on their travel budget is well accounted for, they are emphasizing more and more visibility and greater control over their travel expenditure. Increasingly, companies want a centralized system that offers seamless integration between travel booking and expense management. Also, the new generation of […]
Travel-Expense Integration for Better Control Read More »
Meals, mileage, and other costs are what employees incur as part of their jobs during corporate travel. But, the reimbursement process is not as simple as you may think. If you are in the process of redefining your expense practices, here is a comprehensive list of things you have to consider when defining new rules
Corporate Travel Expense Management – What you need to know? Read More »
Most of the expense reporting errors will occur with an outdated reporting system. Modern expense report software can track spending better, saving you more money and ensuring compliance. With many financial pressures, travel and expense management can’t be overlooked in a company. The following are three travel and expense reporting features that will help you
3 Ways for Effective Employee Corporate Travel Expense Management Read More »
Business traveling still occupies a major role in several corporate organizations as it yields various benefits to companies. It helps enterprises in a new business expansion, meeting new clients in person, scoping where to market your business, learning about new trends and markets, and analyzing how others are conducting the business. Although traveling yields new
Best Practices for Travel Expense Management Read More »
There are five stages of Travel and Expense Management (TEM) that correlate to an organization’s lifecycle. As the company grows by the workforce, product lines and geographically, inefficient TEM processes would result in decrease productivity, revenue, and employee dissatisfaction. So, here are the five stages for effective travel and expense reporting that will help you
5 Steps for Effective T & E Management Read More »
It’s a known fact that last-minute business travel will cost more to businesses. So, how can travel policies and travel management solutions reduce last-minute business travel costs? Recent studies revealed that the best time to book airline tickets is 8-15 days prior to the trip. Companies that book within this time frame will save 18%
Integrated Travel & Expense Solution Minimizes Last-minute Travel Costs Read More »
Whether you wish to expand your business in a new location, visit a client or reinforce the partnership, business travel is a must. Business trips have become very common in organizations of all sizes. Recent studies revealed that employees take around 488 million business trips each year. With so much corporate travel taking place, travelers
3 Steps to Take the Hassle Out of Business Travel Read More »
