Best Travel Expense Management Practices
In the modern work environment, travel is a fact of life. Appointments, meetings, and conferences keep employees on the road often. It's essential to be prepared for these situations by developing a plan that minimizes expenses and maximizes your productivity.
Corporate Travel coming on the track- What are the things you need to know
Managing business travel has become more difficult after the recent pandemic. COVID19 has drastically changed the landscape of business travel and posing new and unknown demanding situations as the usual demands of work continue to exist everywhere.
Automation: Key to Expense Management - The secret weapon for Businesses
As indicated by an overview performed by the Global Business Travel Association (GBTA), the average expense of documenting one cost report is $58. Assume your company has ten employees on business travels who will submit ten expenditure reports.
A Guide To Travel And Expense Policy For Modern Businesses - Part 2
A well-crafted travel and expense policy addresses some of the major concerns a business could be having related to its travel expenses. Overlooking could lead to policy violation, fraudulent claims, unaddressed queries, out-of-policy spending, and more.
How Staffing Firms Can Maximize Travel & Expense Management Using TrackEx
Even in the middle of the current technology revolution, many recruitments and staffing businesses continue to rely on manual methods that are inaccurate, sluggish and tiring to accomplish a variety of operations related to finance and human resources.
How To Streamline Travel And Expense Management
Planning a business trip is no easy task. It takes a lot of intricate planning. With employees flying for business now and then, there is a lot to be done. From booking flights, arranging accommodation, appointing car rental to food expenses, etc. it’s an infinite list of costs.
How to make an effective strategy to forecast risks using your real-time data?
Today's businesses operate in new contexts, with new needs that necessitate the creation of new expense categories. As chaos reigns and obstacles pile up, businesses need all the tools they can get to remain on top of their expenditures and keep their cash flow under control.