2018 Travel and Expense Management Report
An In-Depth Look at Trends and Technologies in Corporate Travel and Expense Management (TEM)
In recent years, substantial developments in globalization, transportation, internet-based communication, and mobile technology have changed the requirements of businesses all over the world, further complicating the expense reporting and travel booking processes for business travelers. Therefore, traveling employees have a growing need for faster, more efficient, and simpler travel and expense (T&E) tools.
This report is for companies interested in learning more about TEM technology. With analysis of PayStream Advisors’ survey data and market research, this report identifies common pain points of manual methods and the potential benefits that can be achieved through automation. It explores current trends for both expense management and travel booking, details the features of leading TEM software, and provides strategies for accomplishing TEM goals.