As spending on global business travel increases, companies are leveraging their expense data to eliminate waste and promote policy
Spending on global business travel topped record-breaking numbers in 2015 and is expected to continue rising – reaching $1.6 trillion by 2020. While a mobile workforce is indeed a critical driver for business success, with greater spending on travel and entertainment, however, comes greater vulnerability to the three biggest problems facing T&E programs today: fraud, waste and misuse. What if you could improve your bottom line by decreasing out-of-compliance travel & entertainment expenses by as much as 70%?
"You are essentially flying blind if you do not have a tool like Oversight, because Oversight can analyze data in a way that the human eye cannot. I’d rather have Oversight than an army of people trying to do the analysis.”
-Jon Feiwell, Director of Financial Process and Quality Improvement at ABS
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A seamless, intuitive, mobile expense solution was implemented in three months.