Automation and the Future of Mid-Market Corporate Travel
With the cost of business travel soaring, mid-market companies are looking for ways to reduce the time,
effort, and money they spend on travel while earning rewards. For example, some businesses lack centralized travel management mandates, leading to wide variations in booking methods. Others lack consistency in how expense reports are completed, approved, and administered. At many firms, finance departments use spreadsheets to support manual travel and expense (T&E) processes, including expense management, reimbursements, and approvals. Manual methods and inconsistent policies result in poor visibility into corporate spending, sporadic enforcement of travel policies, and lengthy reimbursement cycles for employee purchases.