SAP Concur Discusses the Impact of Corporate Travel Managers on Business
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Corporate travel managers play a strategic role in controlling costs, ensuring compliance, and enhancing employee experience. As pressure on travel spending increases, their role becomes increasingly important to a company's financial health and competitiveness.
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- SAP Concur BlogSAP Concur Discusses the Impact of Corporate Travel Managers on Business
SAP Concur published an article discussing the key role of corporate travel managers. It notes that travel and expense (T&E) can account for 8% to 12% of an organization's spending, nearly two-thirds of companies face increasing pressure to manage costs, and three-quarters say travel is important or very important to managing customer relationships and obtaining new business. Corporate travel managers impact business by building strategic policies, optimizing travel arrangements, making data-driven decisions, aligning with sustainability initiatives, integrating technology, and enhancing employee productivity.