Travel is often one of the top five expenses for organizations, especially when manual or partially automated reporting can’t keep up with cost tracking and reconciliation—failing to meet employee travel needs and negatively impacting the bottom line.
Recent IDC research shows that growing organizations fall on a spectrum of maturity that closely follows how well they do Travel and Expense Management (TEM). The more mature an organization’s TEM, the more it gains from its spending, and the better it does as a business. Answer these questions as you follow the path to savings to determine your organization's TEM maturity. At the end, you’ll see how mature your organization is, and how it can progress for better performance.