The key to travel management success is to follow specific steps that are aligned with company goals. The challenge is that companies typically use one of three unique T&E processes known as the Unaware Process, the Unmanaged Process and the Managed T&E Process, but only the nine phases of the Managed Process can provide consistent, scalable results.
As the 2nd largest controllable expense in business, it's imperative for SMEs to shift their investment in travel to a valuable contribution towards organizational growth.
During the company’s height of growth in the 1980s and 90s, GE’s famous CEO, Jack Welch, was asked what his secret was to running one of the largest companies in the world in a similar growth...Read more
Travel and expense management (TEM) represents the second largest controllable expense for most mid-market and larger businesses. Given the size of the expense and the consistent desire to control...Read more
What would it look like if you had better visibility into your corporate travel expenses? What if you had the right technology that integrated booking, authorizations, and payments; and then that...Read more