This Concur-sponsored white paper analyses how expense management has been slowly creeping into the strategic realm for the past decade, and this internal set of processes has significant corporate ramifications if managed without an effective eye.
- Leverage mobile expense management applications to enhance the overall expense management program. Mobile applications are linked to a 65% reduction in expense-processing costs and 40% faster reimbursement times; these performance benefits can assist in taking expense managementLeverage mobile expense management applications to enhance the overall expense management program.
- Institute regular reporting on all T&E spending by specific category.
- Align expense management activities and processes with the goals and objectives of the greater organization.