Expense Managment Checklist
Is your travel cost management as effective as it could be? Take our expense test to pinpoint any weaknesses.
- Does your business have travel objectives and measurable cost targets?
- Are you achieving your cost saving targets?
- Do you have a company-wide travel policy in place?
- Do you have a high level of policy compliance?
- Are there non-compliance measures such as exception reporting?
- Do you have visibility into travel expenditure throughout your company?
- Do you use reporting tools to track and control your expenditure?
- Does your TMC provide you with advanced data management?
- Does your TMC give you access to best fares of the day?
- Does your TMC offer you consolidated billing?
If you answered 'no' to five or more of these questions, your expense management needs sharpening to further reduce your costs.
To find out more about about reducing your travel cost, contact us now.