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PayStream Advisors delivers unbiased, third-party market trend information, assessments of financial automation technology, and innovative ideas to business leaders in healthcare, consumer billing, finance and treasury, accounts receivable and accounts payable.

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Travel & Expense Management: Leveraging Automation to Optimize Expense Management Processes

Publication Length: 10 Pages
Publication Date: 10/30/2008
Publisher: PayStream Advisors

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Rising Costs of Business Travel and Concerns of Fraud are Paving the Way for Travel & Entertainment Expense Management Automation
"T&E processing costs can be slashed by up to 80 percent through automation."

Travel and entertainment related expenses - the second largest controllable cost pool at most organizations - have long been subject to management programs and automation, but more recently current TEM processes have come under renewed scrutiny for the following reasons:

This report features six leading TEM providers: Concur, Cybershift, ExpenseAnywhere, IBM Global Expense Reporting Solutions, SAP and TripsWare