Your business – regardless of its size – operates in a modern and largely digital business environment. And yet many small and midsize businesses (SMBs) today are still using disjointed processes for booking travel and handwritten records to track and manage associated expenses. As your company starts traveling again, it will be more important than ever to have full visibility into – and control over – travel and expenses so you can control costs, maximize cash flow, and direct funds where they are needed most.
But as you know, travel is notoriously difficult to manage, and formal programs are often too costly and complicated for most SMBs today. So, many firms try to get by with the status quo of manual processes or homegrown systems.
However, these fragmented, laborious approaches to travel and expense management not only hurt productivity and distract and frustrate employees, but they also give finance managers little control over travel-related decisions and costs.
Download the Travel and Expense Buyers Guide to learn more.