Control T & E with Policies & Automation, Says Aberdeen Group Report
Last fall, The Aberdeen Group (Boston) released a comprehensive report on corporate travel and entertainment expenses. Among the important conclusions to consider are findings on expense management automation. The Aberdeen Group has determined "the top strategic action that companies are currently pursuing or planning to pursue according to 44% of respondents is the adoption of technology to improve T & E visibility." Equally important is the "development and communication of an enterprise-wide T & E policy, as all companies should have some sort of policy in place."
The Aberdeen Group is the leading provider of fact-based research focused on the global technology-driven value chain. Founded in 1988, Aberdeen has established the market leading position as the "voice that matters" when it comes to understanding the measurable results being delivered by technology in business. Aberdeen conducts probing research studies across all aspects of business and technology with hundreds of companies participating in each research study to assure research depth and quality. Aberdeen's research depth is context rich and provides specific insight by industry sector, company size, and geography, as well as by business process and technology.
Note: Atlas Travel International offers consulting services to explore and implement corporate travel management policies, as well as T & E expense management technology to increase control and improve reporting capability. If you are reviewing options for improving cost control in this area of your business, please call your Atlas Travel International customer service representative to ensure that you are maximizing all tools available to you through Atlas Travel International.