Ask the expert: Tips for Managing Travel Spend Amid Increasingly Rising Costs
Hidden in your business travel spending are thousands of decisions that can be optimised to help your organisation combat rising travel costs, from mileage guesstimates to out-of-policy spend and unconnected processes that drain productivity. A survey of travel managers showed that 42% were anticipating company directives to cut travel costs in the following 12 months, and nearly all (99%) were gearing up for a challenging year.1 Now is the critical moment to take action, analyse your travel spend, rethink your policies, and engage AI to strategically optimise costs.
Organisations are urgently seeking effective strategies to manage travel spend in this challenging environment. We’ve gathered common questions being raised about this issue, along with insights from travel optimisation expert Jason Grunin, Principal Value Experience Consultant at SAP Concur. Don’t wait – embrace these insights wherever appropriate to transform your approach to manage your business travel spend.
