PwC’s 2018 Global Economic Crime and Fraud Survey finds that 49% of organizations globally have been a victim of fraud, an increase from the survey’s previous 36%. It’s no surprise then, that with instances of fraud rising, your organization may be at risk. Savvy companies are looking closer at their travel and expense (T&E) spend areas as a way...
According to the Global Business Travel Association, each year, corporate travelers take more than 480 million business trips. If each trip costs US$1,452, as estimated by Taxback International, the associated costs can take a toll on your...
Manual and spreadsheet-driven processes are costly and inefficient at any scale, not just for big businesses. In fact, given the resource constraints of small-to-midsize businesses (SMBs), it’s likely that the inherent inefficiencies of manual...
There was a time when interstate business travel was much easier than it is now. Today, states have figured out that increasing and enforcing tax implications — from tax revenues to noncompliance penalties — can result in more money for their...
We've all heard the saying "even the best laid plans go awry," and as travelers this phrase rings especially true. From speeding through security to scoring upgrades and knowing which hotels have the fastest Wi-Fi, we've perfected the...
Managing accounts payable and travel and expense (T&E) spending is crucial to the sustainability of any college or university, but it can be especially difficult for smaller universities and community colleges. Generally, these smaller...
How many suppliers does your accounts payable (AP) department pay? Have you checked recently how many checks your AP department has written in the past year? Have you ever totaled up how much time and effort goes into this lower-value process each...