Chrome River is One of the Top Tech Companies in Los Angeles
Los Angeles continues to rank as one of the hottest spots for high-tech jobs, whether it’s from larger, seasoned companies or smaller startups just getting their digital feet wet. The city ranks third overall as the having the best startup ecosystem in the world, only placing behind notorious Silicon Valley and mighty New York City. The tech companies throughout LA have created nearly 28,000 jobs, helping to maintain a strong economy as well as a thriving high-tech scene.
Chrome RiverAutomation vs. Excel: Automation Wins Hands Down
Despite major advances in the world of accounting and expense reporting, some companies are still sticking to the traditional Excel spreadsheets – or even still using that archaic duo of pen and paper – to keep track of their finances. GetData research found that 36 percent of small businesses have yet to make the move to an accounting app. Perhaps not coincidentally, 38 percent of businesses admit to making spending mistakes on a monthly basis.
Global Business Travel Expenses to Hit $1.25 Trillion in 2015
Business travel spending is alive, well and poised to hit a record $1.25 trillion in 2015, according to the GBTA Foundation’s Global Report and Forecast. The annual report predicted strong growth across the board over the next five years, especially for China and five other emerging markets.
Business Travel Expense Bargain: To the Moon and Back for $33.31
A 1969 trip to the moon and back is nothing like the average business trip these days, especially when it comes to cost. That’s because astronaut Buzz Aldrin’s total travel expense report for the lunar mission was $33.31 – only a shade higher than many airlines’ current fees for checking your luggage. The lunar mission’s cost and other fun facts were recently tweeted by Aldrin in honor of the 46th anniversary of the July 20th mission.
Business TravelWhat was Eduardo Thinking?
If one of your employees starts billing you for astronomical business travel expenses, it may be wise to keep Eduardo Africano in mind. This 49-year-old former Rockwell Automation employee is being accused of scamming his former employer out of hundreds of thousands of dollars, according to the Journal Sentinel, pocketing money he claimed he needed for business travel.
Business TravelAspirin for a Headache? Try Automating Expenses Instead.
Automating your expense management process cannot only save tons of headaches, but it may be able to save your company more than 10 percent of its non-salary operational expenses. At least that’s what Bank of New Zealand (BNZ) Chief Executive Anthony Healy discovered reviewing his company’s formidable mid-year results.
Expense ReportsGBTA Traveler Survey: Loving High-Tech, Hating Airline Fees, Security Hassles
Business travelers may not be as grumpy as you may think, at least according to a first-of-its-kind Global Business Traveler Association (GBTA) survey. The GBTA Foundation teamed up with American Express to publish the Global Business Traveler Sentiment Index, designed to get feedback on how business travelers feel about their trips. The data can then be used by travel service providers to fix issues of concern in their bid to attract loyal customers by enhancing the overall experience.
$4 Million Swindled for Faux Salaries, Tuition, $96,000 Massage
Telecommunications company owner Albert S.N. Hee went from a guy who spent $96,000 on massages to a guy who is looking at spending a big chunk of time in prison, according to Forbes. And it’s not the lavish spending per se that’s putting him away. It’s the numerous expense fraud charges for which he was found guilty following his 11-day trial in Hawaii.
Hotel Rates Increase in Americas, Decrease Elsewhere
Business travel that takes you to destinations throughout the Americas will result in a higher hotel bill then staying elsewhere, according to info from the hotel industry data company of STR Global. The May report found the trend has been for hotels in North, Central and South America to keep increasing their average daily hotel rate (ADR), while other areas across the globe are enjoying hotel rates that are going down.
Are Millennials Using Business Trips as a Way to Let Loose and Have Fun?
Corporate meetings and networking breakfasts aren’t the only activities done on business trips, according to a SpringHill Suites by Marriott study. The millennial generation is using business trips as a way to let go, let loose and have tons of fun. Just how are they doing that? Why, by creating false identities, maximizing “me” time, escaping the mundane and indulging in a variety of activities.
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