NEWSROOM TRAVEL & EXPENSE TRENDS

Travel & Expense Trends

Calculating Mileage Doesn’t Have to Be Painful

Manually calculating mileage driven for work got you down? Here's what a day in the life could look like with the help of Concur Drive: It has been a long day driving the back-roads around the state, but it was worth it! I hit my sales quota and drummed up a few new leads. Now, thanks to Concur Drive, I can enjoy my evening. Only two months ago,...
by: SAP Concur Team
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Travel & Expense Trends
2019 Mileage Rate: Are You Ready for a Massive Increase in Mileage...
On December 14, 2018, the Internal Revenue Service (IRS) issued its annual guidance on the business mileage reimbursement rate effective January 1, 2019. With a suggested rate increase from 54.5 to 58 cents per mile year over year (representing a...

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Travel & Expense Trends
How Small Businesses Are Using Spend Management To Drive Growth
When it comes to small and medium-sized businesses, growth is the goal. However, growth can also lead to new challenges. Taking the business to the next level can bring new complications, new costs, and new risks. To help overcome the unknown,...

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Travel & Expense Trends
Here's How to Simplify Expense, Travel, and Invoice Management
If your company is facing issues with expense, travel, and invoice management, you’re not alone. A commissioned study conducted by Forrester Consulting on behalf of SAP Concur, found that 60% of companies face issues with manual processes and...

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Travel & Expense Trends
Gain Control Over Mileage Calculation With These Three Best Practices
With so many employees behind the wheel driving to meet with clients and commuting between offices, self-reported mileage and personal vehicle expenses are one of the last expense categories many companies decide to tackle. But, taking control of...

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Travel & Expense Trends
How Automation Makes It Easier to Comply With Company Travel Policies
Travel and expense fraud isn’t a finance problem. It’s a human problem. When employees book their own travel and then report their expenses, it can be easy to accidentally or purposely fall outside of the corporate travel policy. Meanwhile, a...

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Travel & Expense Trends
To Improve Business Travel, Let a Robot Handle Your Expense Report
No one goes to work excited to file a claim for travel expenses. Nobody was ever hired because they’re a superstar at entering receipts. And no major business trip was made better because a supervisor spent a day at the end of it approving expense...

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TALKING ABOUT Travel & Expense Trends

Corporate travel and expense management are constantly evolving, and keeping up is critical for your bottom line. Here's everything you need to know to stay ahead of the curve.