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HOTEL EXECUTIVE

Survey Report: Reduce Processing Costs & Improve Policy Compliance

Aberdeen Group Study Finds Growing Demand for End-to-End Corporate Travel and Expense Management Sol

. October 14, 2008

DECEMBER 5, 2007. A result of surveys with procurement, finance and travel executives from over 290 companies from an independent survey by Aberdeen Group, Inc. reveals:

26% of respondents plan on adopting an end-to-end travel booking and expense reporting solution within the next two years.

The challenges companies face in efficiently managing T&E expenses, which, according to Aberdeen, account for approximately 8% to 10% of total operating expenses, on average.

End-to-end solutions from service providers like Concur can offer companies more control over all the processes from booking through to reimbursement and auditing.

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