Spend Analysis

IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Best-in-class T&E metrics

Q. What best in class T&E metrics should organizations be tracking? A. (Answered by the IOFM Advisory Panel) Below is a list of a few key metrics we track. We also utilize PowerBi to drill into our… Read More

Benchmarking for travel management companies (TMC) solutions

Q. I am doing some benchmarking on travel program solutions. I'm looking into three options: TMC, executive concierge, or self service. We currently use Concur for expense as well as… Read More

Meal expense per diem rates

Q. We would like to do some research on travel meal expense per diem. I found the IRS and GSA, but the rates were low. Would there be other resources we would refer to as a guide for our travel… Read More

Travel & Entertainment (T&E) Master Class

Course type: Self-study | On-demand

Registration fee: $249 per learner

IOFM CEUs available: 3

Estimated learning hours: 1-3

Technology Requirements: Most

How to Spot a T&E Fraudster

T&E fraud is the most frequent type of employee fraud.

The so-called "fraud triangle," developed over 50 years ago by Donald Cressey, helps explain why. The three sides of the fraud triangle are

T&E fraud is the most frequent type of employee fraud. - The so-called "fraud triangle," developed over 50 years ago by Donald Cressey, helps explain why. The three sides of the fraud triangle are… Read More

Four Opportunities to Gain Control and Cut T&E Costs

Organizations that focus attention on creating, communicating, enforcing, and monitoring their T&E policies can gain a competitive cost advantage over firms that ignore these often obvious, yet… Read More

Keep a Tight Rein on T&E Compliance

With the IRS's scrutiny on companies’ travel and expense (T&E) practices, it makes sense for AP to monitor T&E expenses closely. AP managers are the gatekeepers who ensure that spending stays in… Read More

Seven Ways to Boost Your T&E Process to Best-Practice Level

“In most organizations, T&E is the second-largest ‘controllable’ or ‘discretionary’ expense after payroll,” says Pam Miller, IOMA’s education director. “As such, T&E presents a unique… Read More

Solving Your Toughest T&E Expense Management Challenges

On-demand Webinar | Free

Whether it’s office supplies or international business travel, employee initiated spending can be a notoriously difficult-to-manage area of the company budget. Considering

Program at Quad Knopf Reduces T&E Errors

Quad Knopf Inc. is an engineering and environmental consulting firm located in Visalia, Calif. Keri Mitchell, APM, the accounting manager, processes AP for four locations at the 95-employee firm. As… Read More