Spend Analysis

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Leveraged as an important strategic investment, travel and entertainment expense spending is critical to the growth and success of companies large and small. Knowing the right time

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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

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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

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“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

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U.S. organizations that engage in ongoing negotiations with car rental companies report overall savings of 13 percent to 30 percent compared to standard car rental rates, according to a new survey by

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As the recovery continues, corporate travel is up—but so are airfares and related travel costs. Business travel costs are estimated to average between one and three percent of company revenue—a

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Companies spend between 10 percent and 12 percent of their annual budgets on expenses related to travel and entertainment, reports the Aberdeen Group in its T&E Solution Selection Guide. With

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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
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

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

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