Travel Expense Management
Business travel-related expenses are often not controlled by effective expense management measures, though business travel expenses are the second largest 
controllable expense category in organizations today. Successful travel expense management can be achieved by:
- Creating a clear and specific travel and entertainment expense policy
- Educating your business travelers on travel and entertainment expense policy
- Utilizing an automated T&E system
- Analyzing travel expenses to identify areas for cost savings
- Establishing negotiated rates with suppliers
- Evaluating the use of travel alternatives when appropriate
- Reimbursing travelers in a timely fashion to increase employee satisfaction
- Conducting an audit of T&E expenses to receipts to identify fraud and to evaluate overall process and determine corrective plans
Travel e expense management need not be burdensome, but it requires consistent execution. Many companies opt to outsource travel expense management in part or in whole. Contact Runzheimer International at marketing@runzheimer.com or 800- 558-1702 for travel expense
management solutions.
