10 Trends Shaping Business Travel and Spend Management in 2019 and Beyond
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The trend outlook aggregates industry judgments across travel safety, data privacy, tax compliance, booking technology, and content distribution, providing strategic planning reference for travel and finance managers.
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- SAP Concur Blog10 Trends Shaping Business Travel and Spend Management in 2019 and Beyond
SAP Concur executives forecast business travel and spend management trends for 2019 and beyond: risks facing female travelers will rise to the top of the corporate agenda, with a GBTA report finding only 18% of corporate travel safety policies specifically address female safety needs; GDPR becomes table stakes and data privacy will change product engineering; shifting immigration and tax policies create new pressures on multinationals; SMBs gain competitive advantage through AI and machine learning; nearly 50% of business travelers spend 30 minutes to an hour daily on expenses; online booking tools will embrace new content sources such as NDC and Airbnb; machine learning goes mainstream; ho…