Travel & Entertainment Expenses: Nurturing a Culture of Cost Management in Volatile Times

The cost of doing business in Asia, including travel & entertainment expenses, continues to rise. In this CFO Innovation Roundtable report sponsored by Concur, 13 CFOs in Hong Kong discuss their strategies in nurturing a durable culture of cost management with Concur EVP & GM Michael Eberhard.

 
Among the strategies:
 
  • Leading by example
  • Setting benchmarks and budgets
  • Using travel websites
  • Harnessing the procurement unit
  • Focusing on pre-travel approval
  • Using T&E to track bribery and establish an audit trail
 

Download Now

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern