New Research: The State of Corporate Travel and Expense 2023
New Research: The State of Corporate Travel and Expense 2023
In this report:
- The return of business travel does not equate to “business as usual”
- Remote work setups require new strategies for expense management, sustainability, and duty of care
- How companies can create and communicate dynamic travel policies that give them more flexibility and efficiency
- How streamlined, seamless, all-in-one travel and expense platforms and solutions help companies maximize business travel opportunities
Corporate travel and expense (T&E) has started to look much different as companies renegotiate their policies in a new, unfamiliar business climate on this side of the Covid-19 pandemic. Over the past several years, T&E stakeholders critically reexamined program priorities, identifying how to contain or reduce costs and where travel, corporate cards, and expense tools were misaligned with governing policy.
Given these considerations occurring at companies across the corporate landscape — and their profound impact on the future of T&E — a new report from Skift and TripActions explores the return of business travel and its implications on the new workforce.
Built upon the results of a survey of more than 700 corporate travel and finance managers as well as more than 1,100 business travelers, the report also dives deep into how companies can reimagine their policies and technologies to make corporate travel, corporate card, and expense management programs more agile and cost-effective as part of a 360-degree, holistic corporate spending strategy.
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