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It's That Time to Assess Your T&E Program (Yes, Your Program)
1reports1reporting sources2022-06-29Update
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Regularly assessing the T&E program helps companies control travel expenses that account for about 10% of the budget, improve compliance, and optimize process efficiency.
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6月29日
- SAP Concur BlogIt's That Time to Assess Your T&E Program (Yes, Your Program)
A SAP Concur blog post recommends that companies review their travel and expense (T&E) program in Q4. It notes that employee spending continues to increase across more categories, more payment methods are used, and spend data is often tracked disparately. T&E expenses account for about 10% of a company's entire budget. The post offers a cheat sheet covering audits, fraud, compliance, and tweaks, and suggests that driving changes mid-year is often more challenging, so assessment should be done before the new year.