NEWSROOM TRAVEL AND EXPENSE MANAGEMENT

Travel And Expense Management

T&E Management: Pound-foolish, penny-wise?

In Asia, as I’ve written about before, companies tend to squeeze their travel management companies (TMCs) for the lowest prices and fees possible. From my experience, they’re wasting their time – or at least spending it rather inefficiently. The reason why is that TMCs’ fees only make up an exceedingly small fraction of what a company spends on...

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business travel
Keeping the “black swans” of corporate travel in check
You rarely see disruption coming until it happens. I’m not talking about organisational change here – I’m thinking about far more tangible events, like getting caught up in a natural disaster or a terror threat while abroad. Or, as my newest...

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travel & expense trends
Why IT budgets are like bank loans
I first started work in computing and IT in 1985, before many of Concur’s team members were going to school or even born. Back then, IT budgets were big – millions of dollars for huge systems roll-outs that could take years to complete. If you...

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travel & expense trends
Business Travelers Can Make a Bigger Environmental Impact
As awareness of sustainability issues grow, many organizations have taken greater steps to control and manage their environmental footprint. Business travel remains a weak link in many firms’ efforts to make an impact in this area. Business travel...

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travel & expense trends
Can expenses kick-start Digital Transformation?
When private equity firms in the US complete an acquisition, one of the first things they often do is roll out Concur to handle travel and expenses (T&E). Why focus on such a small part of the business? The answer also applies to another...

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travel & expense trends
Give your company policies a health check-up
Are you spending more time than you’d like fielding travel & expense (T&E) related questions (and complaints), and reviewing and approving expense reports? How about monitoring your accounts payable (AP) processes, approvals and...

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