CIO Case Study: How Much Do We Spend on Travel?
For CIOs, it’s too easy for us to get caught up, what’s more, the world of IT. We want to focus on things like servers, virtualization, networking, and making decisions about IP4 vs IP6. It turns out that the rest of the company really doesn’t care about any of these things. They care about much more important things. Like, say, travel expenses.
The Problem With Travel Expense Reporting
It turns out that most companies have a problem with how they track and manage travel expenses. This isn’t just a problem, it turns out that it’s a big problem: a typical company spends 1-2% of their revenue on Travel & Entertainment (T&E). This can easily become a big expense.
Companies would like to have a better understanding of just how much they are spending (and what they are spending it on) so that they could do a better job of keeping … READ MORE ...
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