Posts Tagged “spend”

Concur Unveils e-Fapiao Solution Powered By WeChat In China

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Concur Unveils e-Fapiao Solution Powered By WeChat In China

  Concur aims to accelerate paperless receipt adoption and improve efficiency and compliance of spend management in China.    Concur, an SAP company and the world’s leading provider of travel, expense and invoice management solutions, today introduced an electronic fapiao (a Chinese tax receipt) solution, developed to integrate seamlessly into China’s WeChat platform.   Leveraging…

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HOW TO… Keep Company Credit Card Spending Under Control

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HOW TO… Keep Company Credit Card Spending Under Control

  Giving employees access to a company credit card demonstrates trust and makes company spending easier but company credit cards are open to abuse, which can cost companies significantly. However, the benefits of giving employees a company credit card normally outweigh the risks of abuse, as long as the company takes a few simple steps…

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Strength In Global Economy Means Higher Travel Pricing In 2018

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Strength In Global Economy Means Higher Travel Pricing In 2018

  According to the fourth annual 2018 Global Travel Forecast, travel prices are expected to rise sharply in the coming year, reaching nearly 4% increases in some sectors.   Released by Carlson Wagonlit Travel, the global travel management company, and the GBTA Foundation, the education and research arm of the Global Business Travel Association, The…

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New BCD Travel Analysis: Failure To Use Effective Audit Practices Costing Millions

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New BCD Travel Analysis: Failure To Use Effective Audit Practices Costing Millions

  A multi-level analysis by BCD Travel of hotel rate auditing programs reveals that combined, mid- to large-sized companies overspend on hotel room nights by hundreds of millions of dollars.   Without performing standard rate audits, a company overspends by $122,500 for every $5 million it spends on hotels. Using both standard rate auditing and…

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