Spend Analysis

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. (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

… 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

“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

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

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

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

… Read More

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

… Read More