No matter the organization, the Office of Finance is the hub of all accounting activities. In the area of travel and expense management, the CFO is the executive decision maker and budget keeper.
To be able to manage business travel spend, CFOs and their teams need visibility into spend data. However, about half of all business travel bookings happen outside of a company’s designated tool, making it near impossible for CFOs and their teams to gain complete visibility let alone control over travel spend.
Whether companies are managing corporate travel manually or looking to upgrade an outdated system, change is happening fast. CFOs have to balance the need to closely monitor and optimize corporate travel spend with empowering their organization’s employees to seize travel as a strategic lever for growth with a great traveler experience.
Download the following eBook to learn how to enhance your control over business’ travel spend in 2020.