There are plenty of opportunities to optimize and innovate within the corporate travel and expense management space, largely because there are so many strategies that businesses can deploy to facilitate employee travel and spend.
Companies of all sizes and types have a wide array of choice in how they use funds to allow business trips. For some, having an employee front the cost and investing in technology that can streamline the expense report and reimbursement process is the best path forward. But for many others, a more efficient strategy is to arm employees with company cash — a tactic that comes with its own array of challenges, including how to track and control that spend.
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