Taming the Wild West of Corporate Travel: A Win-Win for Travel Expense and Finance Leaders

A SAP Concur blog post notes corporate travel spend is getting harder to manage: travelers book via mobile apps and supplier websites, and new distribution channels fragment booking and cost data. GBTA data shows 77% of businesses are not completely confident they can quickly and accurately locate business travelers in an emergency. Compared with five years ago, experienced travel managers spend 66% more time on data and analysis reporting, 66% more on evaluating or implementing new technology, 60% more on traveler safety and duty of care, and 52% more on cross-department meetings or collaboration. The article recommends finance and travel program leaders work together to deploy solutions t…