From the Experts: Evolving Landscape of Travel & Expense
An SAP Concur blog post summarizes a webinar on the changing travel and expense landscape attended by over 700 business professionals. Experts say T&E is undergoing a major shift, manual entry will fade out and repetitive tasks will be handled by AI and emerging technologies. It cites data: 91% of business travelers see travel flexibility as essential for health and safety; 98% of Gen Z respondents plan steps to reduce environmental impact over the next 12 months; 61% of finance and IT leaders say finance leaders lack enough visibility into near-real-time employee spend data; and 72% of businesses see digital transformation as key to growth.
Impact and considerations
The evolving T&E landscape spans flexibility, the next-generation workforce, data visibility and digital investment, directly shaping corporate travel management strategy.
Key points
- The webinar drew over 700 business professionals to discuss the changing travel and expense landscape.
- Experts say manual T&E entry will fade out and companies need to invest in new technology.
- Repetitive tasks will be handled by AI and emerging technologies, and companies that do not invest will fall significantly behind.
- 91% of business travelers see travel flexibility as essential for their health and safety.
- 98% of Gen Z respondents plan steps to reduce environmental impact over the next 12 months.
- 61% of finance and IT leaders say finance leaders lack enough visibility into near-real-time employee spend data.
- 72% of businesses see digital transformation as key to business growth.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 13 Apr 2023, 00:01
- Page published
- 14 Aug 2026, 08:26
- Last updated
- 13 Apr 2023, 00:01
- Original links
- SAP Concur Blog:From the Experts: Evolving Landscape of Travel & Expense (opens in a new tab)Primary source · en · Published 13 Apr 2023, 00:01