Top 10 reasons large enterprises in private and public sector use automated travel and expense management solutions

Though many leading enterprises have moved to automate their travel and expense management, there are still corporations that continue to manage their travel and expense as two separate processes, or manage their expense claims either via a paper, a spreadsheet-based system, an out-dated and costly legacy system or one developed in-house. 

However, when between 7 to 10 per cent* of an average company’s budget relates to travel and entertainment expenses, badly managed expense management processes can impact on the enterprise’s financial performance. 

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* Aberdeen Group (2011) “Expense Management: For a New Decade”