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One Touch Business Travel and the End of the Expense Report

Sponsored By Concur

Topics:
Accounting
Finance & Risk Management > Expense Management

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Abstract:
Despite the fact that billions of dollars per year are spent on business travel and entertainment (T&E) by employees on behalf of their organizations, many companies are still not maximizing the value of that spend because they’re relying on multiple processes and solutions to manage their T&E spend – an area that for many is the second largest controllable cost after payroll. Yet, the logical result of every employee business trip is the submission of an expense report, which begs the question, “why are these two processes still viewed as discrete functions by most organizations?” Some forward-thinking companies are taking a new view of the travel and expense management and are taking steps to unite these processes.
DETAILS
Sponsored by:
Posted: July 29, 2008
Length: 9 pages
Format: PDF (85 kb)
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