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 add to the complexities of expense management. Expense fraud is another notable problem caused by insincere employees who take advantage of and do not utilize expense […]
Top 4 Ways To Manage Your Overseas Business Travel Expenses Read More »
An expense management process for employees can be challenging, tedious, and time-consuming, especially for individuals who are out of the office. Employees have a natural tendency to maximize their personal profit. It turns out to be a repeatedly tempting proposition, especially when done at the expense of others. Chastising employees constantly over their uneducated use
Top 8 Ways To Control Corporate Travel Expenses Read More »
Technology is disrupting every industry and increasing user expectations. Employee experience is becoming critically important in business travel; reliable and easy-to-use solutions can help achieve the desired positive outcomes. The critical on-to-go solutions are travel, expense, and invoice management. Only a few companies are satisfied with their solutions within these areas. There is a lot
Empower Your Travel and Expense Management With Digitization Read More »
Every industry has undergone major changes as technology evolves. Similarly, expense management industry has undergone some advancements as technology evolves. The first era of expense management was receipts stapled to expense reports. This really created a pain for corporate travelers and made the process cumbersome moving through the approval and reimbursement processes. The second phase
The Evolution Phase of Travel and Expense Management Read More »
Companies can take numerous approaches to resolve common expense reporting headaches. Though some approaches may cost money, it can save companies time and money in the long run. The following strategies are certainly useful for travel managers or accounting departments that handle corporate travel. Expense Software to Resolve Your Expense Reporting Problems To gain visibility
Resolving Corporate Travel Expense Reporting Headaches 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 »
Organizations, regardless of size, require some amount of business travel. Travel programs can help expose the value across travel spending and productivity. Giving businesses basic tools, access, and visibility needed in Travel and Expense (T & E) reporting can help reduce travel and expense costs. Furthermore, using a cloud-based travel and expense report solution can
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