{"id":17303,"date":"2020-11-10T11:40:29","date_gmt":"2020-11-10T11:40:29","guid":{"rendered":"https:\/\/www.itilite.com\/?p=1886"},"modified":"2024-01-11T17:32:48","modified_gmt":"2024-01-11T17:32:48","slug":"single-travel-expense-partner","status":"publish","type":"post","link":"https:\/\/www.itilite.com\/in\/blog\/single-travel-expense-partner\/","title":{"rendered":"What one SINGLE travel & expense partner can do for you"},"content":{"rendered":"
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Travel & travel-related costs cover a significant portion of the company\u2019s expenditure, and for the foreseeable future, safety will also bring in an additional cost.<\/p>\n\n\n\n

Companies have already onboarded systems to handle business travel & expense management. However, till date the tendency was to onboard one partner to handle travel for the company, and another for expense.<\/p>\n\n\n\n

But today, it doesn\u2019t make sense anymore to keep flipping between travel & expense management. Between two platforms, it is almost like a long distance relationship when in reality it should be a marriage.<\/p>\n\n\n\n

The biggest ask from companies today is efficiency! You need one platform that manages, simplifies, streamlines, and tracks everything, and can deliver instant value:<\/p>\n\n\n\n

\"One<\/figure>\n\n\n\n

Everybody follows all the rules, with just one platform<\/p>\n\n\n\n

Business travel management & expense management partners drive an automated, policy-compliant process for you.<\/p>\n\n\n\n

BUT<\/strong><\/p>\n\n\n\n

Imagine a smart system that looks at a trip booking, predicts the costs for toll, per diem<\/a>, and more, and creates a single projection for the entire trip. Suddenly, there is no worry about compliance, your teams follow all the rules, you can budget better, and any red flags are instantly visible!<\/p>\n\n\n\n

You can leverage human behaviour better<\/h2>\n\n\n\n

You attend a meeting, catch lunch with a customer, and then head to the next meeting. You have a lunch bill & a cab receipt which you need to file, but you are caught up with calls, and don’t do it immediately. In a normal situation, you would remember these reports are due when the finance teams or admin teams send a reminder.<\/p>\n\n\n\n

What if your T&E platform can send you a notification next time you are on a flight to make use of your time and file the expenses? What about a smart reminder every time you book a new cab – that your past bills have not been filed? With automation and an understanding of human behaviour, these nudges can increase expense filing, and reduce delays by easily 20%.<\/p>\n\n\n\n

Not only that, you can also save significantly on your travel and expense management program. 300+ US customers are leveraging the power of technology to cut down on the costs. Check out now, how much you can save with an interactive calculator.<\/p>\n\n\n\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\"New\n\t\t<\/a>\n\t\t<\/span>\n\t\t