End-to-end Travel & Expense integration. Process and cost management revolutionized
In a recent survey undertaken by ITM and Traveldoo, access to travel data and full transparency and visibility of all travel related costs, was listed as the top benefit following the implementation of an automated T&E solution.
Other benefits identified by UK Travel Managers included cost reductions, efficiency creation through the removal of manual and duplicate processes, and the ability to manage travel policies.
The white paper, launched this week, builds on last years’ paper " Joined up thinking : end-to-end travel and expense integration and beyond " and focuses on the results; looking at organisations which have embraced this end-to-end approach, the lessons they learnt and the benefits they reaped as a result. The paper explores the steps needed to achieve operational excellence in a fully integrated end-to-end T&E environment.
The new study includes in-depth interviews with a range of travel professionals to capture first hand, their experience in using technology to drive their own business objectives. The results showed major benefits in four main areas – cost management, compliance and control, processing and CSR.
Gary Povey, UK Sales Director, Traveldoo Technologies said " This white paper provides significant evidence of the wider benefits of a full end-to-end integrated solution and the positive impact on the organisation as a whole. "
" Within our own organisation we have seen a significant jump in the request for a full T&E solution with 78% of all tenders requesting this as a deliverable compared to 40% in 2014. "
Simone Buckley, CEO of ITM, commented, "For ITM this white paper was all about researching what benefits had been realised through the deployment of an end-to-end solution and exploring whether efficiencies and cost savings had been achieved. "
" We found that in a recent ITM buyer survey, 90% of travel buyers confirmed all their business requirements had been met by the deployment of T&E automation. "
" What’s more it’s the travel managers who are really adding value to their organisation by managing and controlling all travel related costs, making budgets easier to manage. "