Managing and monitoring employee T&E costs and company expenses is a major area of focus for companies both large and small. In order to operate efficiently and meet all required accountabilities, it’s necessary to establish a functioning corporate spending policy. With the right system and approval process in place, considerable gains can be made in terms of efficiency and savings, as well as improved compliance with employees.
Travelling for work can have a variety of benefits. However, it can also become a logistical and financial headache. Delayed flights, slow traffic, long customs lines, lack of sleep (or battery life) and constantly living out of a suitcase can take a toll on even the most seasoned business traveller.