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The State of Corporate Travel and Expense Management

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"The State of Corporate Travel and Expense Management"

Survey says many companies continue to employ manual, outdated, travel and expense processes that are disjointed, inefficient and lead to employee resistance.

T&E is the third largest area of corporate spend for today's companies. Representing approximately 10% of a business' annual budget, that's a lot of cash being shelled out. But – with the right tools and approach – it also means that this can be an area of significant cost savings for companies looking to optimize spending. A recent survey from KDS explores the attitudes, actions and behaviors of individuals booking and managing business travel and reporting expenses. Key findings include:

  • Expense submission remains a largely manual process for many
  • Booking travel is killing employee productivity
  • Convenience trumps compliance when it comes to booking business travel
For additional insight into why it's critical to review your corporate T&E process, download the full research report from KDS, a global provider of integrated T&E management solutions and industry leader in complete door-to-door trip booking.

Offered Free by: KDS International USA Inc.
See All Resources from: KDS International USA Inc.

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