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Travel Expense Management Software

 Woodland in autumn. A peaceful afternoon. Sun finds its way through the canopy onto the floor. One glance tells you everything there is to know. Except that it doesn't. All you're getting from a single glance at our picture is an impression. Sure, you can tell it's a picture of trees, but how many are there? What species? How old? How many to the hectare? Are they healthy? See? With every question I ask about this simple picture, you realise you know a little bit less than you thought. In the end, you're down to the first three words in this post. It's woodland in autumn. And so it is with travel expenses. You know they exist because you keep authorising business travel. You may even know what you spent last year, or for the year to date. But is your business getting good value for that spend? Interrogate the data The only way to answer that with anything like confidence is to interrogate the data and tease out the information that's lurking in there. That s

5 Uses Of Travel Expense Management Software

 In today's competitive era, a lot of organizations still manage their travel expenses in a very unorganized manner. The traditional way wastes employee time and productivity and increases the stress of Account payable and Finance team in managing the process manually. To gain competitive advantage, organizations need to move to travel expense management platform that integrates travelers, approvers, travel desks, travel agents, accounts payable and finance on one portal to reduce miscommunication and streamline the process. Unnecessary trips and wasteful cancellations are decreased, travel is only with authorized vendors and travelers function within the recommended procedures and systems. This saves both time and money. Below mentioned are few benefits of an efficient Travel Expense Management Software: Structured Travel Policy Earlier when accounting for travel expenses was done manually, it was difficult to keep track of all the expenses and cost incurred. With the travel expen

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