T&E Expense Management: The Best-in-Class Pillars of Next-Generation Expense Management

Modern management of expenses related to Travel and Entertainment (T&E) has undergone an evolution from traditional back-office function to strategic internal set of processes. The next-generation T&E expense management program is built on the Best-in-Class pillars of modern expense management, including analytical, mobile, cloud and integrated capabilities and processes, and has proven to drive tremendous value from a complex spend category that is necessary for driving corporate business value. The T&E Expense Management research study, conducted in January and February 2012 of 140 enterprises, unearths the Best-in-Class framework for effective expense management and seeks to educate organizations on the strategic value of next-generation approaches.

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