Learn more about modernising T&E, Download the Financial Leaders Must Embrace T&E Solutions Strategically to Drive Growth and Innovation paper. This commissioned thought leadership paper was conducted by Forrester Consulting on behalf of Concur.
Managing company spending is only getting harder, which is why 73% of companies are actively updating or planning to update their travel and expense management (T&E) solutions within the next six months, according to the survey. Those new solutions, the research says, must be user friendly and business ready:
• 79% of companies say their new T&E system must be a solution that employees want to use; and
• 59% percent say a T&E solution must deploy and scale quickly, as well as integrate easily with existing finance apps to provide accurate, up-to-date reports and analyses of spending.
This kind of new T&E solution can drive not just efficiency and cost saving but help finance leaders make strategic data-driven decisions to benefit the business.