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IDC Report: Eight Market-Changing Developments in T&E Management During the Pandemic

1reports1reporting sources2022-06-29Update

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These trends indicate T&E management is shifting from transaction processing to a strategic function. Companies need to watch developments in sustainability, non-travel spend, NDC, and digital payments to optimize costs and improve decision-making.

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6月29日
  1. SAP Concur Blog
    IDC Report: Eight Market-Changing Developments in T&E Management During the Pandemic

    A SAP Concur blog cites IDC's Worldwide Travel and Expense Management Software Market Shares 2020 report, listing eight market-changing developments during the pandemic: increased uncertainty, rising expectations for sustainable travel, growth in non-travel expenses, prevalence of virtual meetings, improved API integration, NDC enabling airline personalization, digital payments simplifying spend control, and connected data speeding decision-making. The report says a modern financial solution is essential to weathering uncertainty.