Do You Understand Your Travel Footprint and the Risks Associated with Cross-Border Travel?
A SAP Concur blog post notes that economic, political, and social shifts make cross-border business travel more complex. Governments are tightening border protection, and data digitization increases risks for multinational corporations. The U.S. IRS uses DHS data to check company tax returns against employees', with similar approaches in Canada, Singapore, and Australia. Companies need to understand where business travelers are, for how long, and what work they do to comply with global tax and immigration regulations. The article recommends integrating compliance checks into the travel booking workflow.