Travel & Entertainment Expense Visibility

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To be or not to be: That is the question that top executives are answering with real-time travel and entertainment expense visibility, enabling them to be more competitive in many regions. This infographic details the challenge, strategy and results faced by top executives who make the decision to be more competitive through T&E spend analysis.

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Travel & Entertainment Expense Visibility

  1. 1. For more information, visit www.Concur.com/visibility The decision to be more competitive through T&E spend analysis provides significant benefits, as seen from Aberdeen Group survey results: More likely to be in compliance Improvement in performance vs.organizations with no visibility 43% 30% 41% THE RESULTS. More likely to identify savings opportunities Gained a strategic advantage in negotiations More likely to have real time insight into spend Improvement in real-time views of current travel against corporate budget 52% 27% 31% THE STRATEGY. There is a potential for Businesses have shown savings greater than T&E research shows significant competitive advantages by 61% within End-to-End solutions (technology that captures everything from point A to Z,and all the items in between) Invest inYour Expense Management Process Evaluate T&E Spends (Where Your Money is Going) for Increased Savings Opportunities Use the Power of Analytics to Drive Informed Decision Making Use End-to-End Technology savings in streamlining your workflow processes Best-in-Class organizations perform 43% greater than those organizations that do not have visibility in tracking current versus future spend 51% of top executives surveyed found that poor visibility into T&E spending, compliance,suppliers,etc. is their leading management concern THE CHALLENGE. 52% 43% 61% 39% TOBEORNOTTOBE ? ? ? That is the question that top executives are answering with real-time travel and entertainment expense visibility,enabling them to be more competitive in many regions.

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