Spend Analysis

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

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

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

Q. My county is conducting peer research on travel performance measures we were hoping you could outreach to the IOFM experts on our behalf. We are wondering if anyone has measurable outcomes for… Read More

Q. Is there any way to determine the ROI for an automated expense report policy auditing process such as Concur Audit? Also, what is the most common method of policy audit for expense reports?… Read More

Q. (cont.) We'd like to see what best In class looks like and compare our performance. Do you have any suggestions? We would really love to get feedback on the below topics: Operations monitoring:… Read More

Q. We would like to benchmark our corporate card and expense processing against other organizations.

We'd like to see what best In class looks like and compare our performance. Do you have any

… Read More

Q. We would like to benchmark our corporate card and expense processing against other organizations. We'd like to see what best In class looks like and compare our performance. Do you have any… Read More

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

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

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

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