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Travel expense management: How T&E benefits your business

Accounting Insight

Travel and entertainment expenses (T&E) can give your business a competitive advantage if used wisely and effectively. Although often costly, T&E expenses can help your team meet new people, close deals, and sync with important vendors. What expenses are included in T&E?

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How SMBs Prepare For A New Era Of Employee Expenses

PYMNTS

"Business expenses are estimated to have dropped by more than 50 percent in the initial phase of the pandemic," he recently told PYMNTS, "but we are seeing a noticeable pickup in spending volumes as businesses adapt to the 'new normal' and business entertainment returns in smaller group formats.".

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Millennials Spend Less While On Business Trips

PYMNTS

But, here’s a bit of good news coming out of travel and expense management company Concur: Businesses that have millennials in their workforces may actually save money — at least when it comes to business travel.

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Uber Takes Unprecedented Dip In Business Travel, Says Certify

PYMNTS

For the first time since Certify began tracking the data, Uber ’s popularity with business travelers has declined, accounting for a smaller portion of corporate traveler rides in Q3 compared to Q2. The latest data from Certify , released Tuesday (Oct.

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How Mobile Solutions May Help Address Slipping Corporate Travel Policy Compliance

PYMNTS

The data follows previous research from Sabre and the Global Business Travel Association (GBTA), released last year, which also emphasized the potential for mobile travel and entertainment (T&E) industry solutions to gain traction in a saturated market. According to that report, 78 percent of U.S.

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More Robots, Fewer Barriers For T&E Tech Next Year

PYMNTS

Bob Neveu , CEO of T&E firm Certify, tells PYMNTS what his predictions are for the T&E industry overall in 2017, as well as how these existing trends will continue to play out for businesses and their traveling employees. Here are two growing trends we can expect to see more of in 2017. More robots (and true automation) will rise .