When it comes to the use of purchasing cards, there’s the incorrect, there’s the inappropriate—and then there’s the insane. Uncle Ben’s famous quote “with great power comes great responsibility” applies to more than just fighting the Green Goblin, after all. By issuing your cardholders a P-Card, you’re trusting them not to abuse it. Importantly though,
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In a post-COVID world, a sense of normalcy is beginning to return to business travel. That said, the impact of the pandemic is noticeable. The pandemic and its economic fallout may have shaken your confidence in spend for travel and expenses (T&E). Many organizations and corporate bodies remain frugal as the economy slowly works its
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Having a reliable corporate travel policy in place is essential for organizations of all sizes. Travel and Entertainment (T&E) expense programs allow companies to manage expenses incurred by employees who are traveling for business purposes or entertaining business relationships. While T&E expenses can range from money spent on lodging, transportation, and meals, monitoring these costs
Four Ways Corporate Travel Policy Challenges Can Hurt Your Budget and Transparency Read More »
Expense management is a critical component of any successful business. Keeping track of travel and entertainment expenses (T&E) can be a challenging task for many organizations. In this video, we provide valuable insights to help you streamline your expense management process and ensure compliance with company policies. To discover more best practices for T&E expense
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Business travel may not be booming like it was pre-pandemic. However, it’s still a necessary requirement to promote growth, build partnerships and improve communication while supporting the exchange of innovative ideas. While increasing travel prices are a growing concern for Travel (T&E) managers, sustainability priorities are another area to consider maintaining as well. Thus, the
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Travel and expense, or travel and entertainment spending also known as T&E are essential for organizations participating in business travel. That said, it’s also very easy for an employee to get carried away with purchases on a trip or for compliance issues to surface. This is why a strong T&E policy is necessary. As business
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