How to Protect Business Travelers in the Sharing Economy

A SAP Concur blog post notes that the sharing economy continues to grow, with U.S. users projected to reach 86.5 million by 2021 and revenues more than doubling to $40.2 billion by 2022, according to Juniper Research. The sharing economy makes travel more affordable and convenient but brings three risks: regulatory uncertainty, lack of government oversight, and data privacy leaks. The article recommends proactive duty of care measures, including gathering pre-travel reports, sending real-time travel alerts, establishing two-way communication, protecting employee PII, and ensuring T&E management solutions collect minimum PII and follow ISO 27001 standards. SAP Concur can consolidate travel d…