Under normal circumstances, around 10% of the typical operating budget is spent on T&E expenses, with business travel accounting for most of that spend—and most of the headaches that go along with it. Disjointed systems, manual processes and a lack of control and visibility have long made managing employee travel a challenge, particularly for large and growing organizations.
In recent years, technology has disrupted the travel industry at a rapid pace, and business travel is no exception. The booking process, options for lodging and transportation, payments, reimbursements and even the use of spend data have been fundamentally altered. Innovation has revealed opportunities for unprecedented insight and control. Business travelers have new expectations for streamlined processes and a modern user experience, factors that often contribute to increased productivity and job satisfaction.
Taking advantage of these emerging developments requires organizations to adapt to change through agile responsiveness and flexible technology solutions. This whitepaper explains how organizations can position themselves to benefit from and respond to the latest trends in the management of business travel:
- Changes in travel and expense policies
- Mobility and productivity on-the-go
- Intelligent auditing and fraud prevention
- Streamlined payments
- End-to-end user experience
- Data-driven insights
Download the report to understand the steps you can take to be prepared for constant change.
When you're ready to learn more, we're here to help.
After all, Chrome River lets business flow.
Chrome River provides expense and invoice automation solutions that let business flow for more than 1,000 organizations worldwide. The company’s easy-to-use, enterprise-scale solutions enable future-readiness for its customers. As a result of this focus on innovation, Chrome River is rated as a Leader in expense management by analyst firm IDC. Chrome River’s commitment to delivering a superior customer journey by creating long-term value for its customers, makes it a preferred choice of CFOs, CIOs, AP teams, travel managers and business travelers. Details on Chrome River’s customers can be found on the company’s web site.
More than 2 million business travelers around the world trust Chrome River. To learn more, contact Chrome River at 888-781-0088, or visit chromeriver.com and its social pages on LinkedIn, Facebook, Twitter, and Instagram.