January 22, 2021

Chapter 1 - HOW CORPORATE TRAVEL AND EXPENSE MANAGEMENT IS EVOLVING AFTER PANDEMIC

The tourism industry has returned to business, and the demand is high for travel technologies that make possible interactions between companies and business travelers. A recent study by Gartner reveals how 2020 has affected CFOs through their corporate activities and cost management around the world.

How will financial institutions report and anticipate expenses? How can the cost of business travel be managed? How can you afford the cost of travel effortlessly? Does it look familiar to you? These were just some of the many questions that kept companies from getting involved during the crisis.

Many financial leaders want to implement appropriate corporate travel and expense management services and find solutions to bring stability and transparency to their financial operations. Although switching from manual to stand-alone systems can be difficult after a pandemic, with a travel device and software costs, your company can reap the benefits and continue to bear fruit in the future. This article will show you how it evolved into a coronavirus.

Adopting the T&E management system FOR an inefficient work experience
A study by American Express found that 55% of top executives and senior financial executives identified rising travel costs and costs as the most affected during the peak epidemic.