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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
Course type: Self-study | On-demand
Registration fee: $249 per learner
IOFM CEUs available: 3
Estimated learning hours: 1-3
Technology Requirements: Most
… 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 MoreT&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
“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
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
… Read MoreQuad 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
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