Survey Report: Reduce Travel & Expense Processing Costs & Improve Policy Compliance
Aberdeen Group Study Finds Growing Demand for End-to-End Corporate Travel and Expense Management Solution.
A result of surveys with procurement, finance and travel executives from over 290 companies from an independent survey by Aberdeen Group, Inc. reveals:
26% of respondents plan on adopting an end-to-end travel booking and expense reporting solution within the next two years.
The challenges companies face in efficiently managing T&E expenses, which, according to Aberdeen, account for approximately 8% to 10% of total operating expenses, on average.
End-to-end solutions from service providers like Concur can offer companies more control over all the processes from booking through to reimbursement and auditing.
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