Business travel has become an integral part of any organization’s workforce. Be it due to commercialization or globalization, an employee travelling for work is no longer a new concept for businesses. However, the introduction of such tours has also brought forth the need of consulting service providers that help organizations to manage their business travels, all the way from booking flights to reserving hotels for employees to stay. Thus, business partners that help organizations monitor their travel programs is pivotal in today’s global market.
Businesses can outsource travel expense management to data scientists and analysts who can offer consulting services and help them to gain improved visibility of the money that is being spent, in addition to understanding how and where it is being spent. With information sets such as these, organizations have total control over their travel expenditure. Firms can also employ automated expense reporting tools and web-based applications to make the entire travel expense management procedure accurate and easy. Additionally, with the automated systems or applications, enterprises can also gather information about the hotel employees stay at and transfer the necessary documents over to the hotel management safely, instead of making the employee carry it with them. Mobile applications services also simplify business trips and keep employees productivity while on the go.
In a bid to help CIOs of several organizations associate with a reliable and trustworthy travel expense management services/consulting firms, a distinguished panel comprising of CEOs, CIOs, VCs, and analysts along with the editorial panel of CFO Tech Outlook has selected the “Top 10 Travel Expense Management Consulting/Services Companies - 2018.”