A whole lot at stake at every level within your company

Key information on the travel & expense process

• Travel & Expense is often the second biggest expense in companies
• The Travel & Expense process is generally inefficient: most companies use Excel to submit their expense reports.
• Travel & Expense represents 3 - 7% of company spending
• The Travel & Expense process frequently occupies 1 person full time

• Some statistics...

• The direct cost of the trip: 26M€ (budget for plane and train tickets, hotels, car rental)
• Admin, processing and other costs : 4,6% over and above the direct costs : 463€ per employee per year)
• 75% of admin and processing costs are linked to submitting the expense report
• You can save over 54% of the admin and processing costs by implementing better practices in the expense report process.