Survey says many companies continue to employ manual, outdated, travel and expense processes that are disjointed, inefficient and lead to employee resistance.
T&E is the third largest area of corporate spend for today's companies. Representing approximately 10% of a business' annual budget, that's a lot of cash being shelled out. But – with the right tools and approach – it also means that this can be an area of significant cost savings for companies looking to optimize spending. A recent survey from KDS explores the attitudes, actions and behaviors of individuals booking and managing business travel and reporting expenses. Key findings include:
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