2020 has been an eventful year for Travel & Expense Management (TEM). Because of the COVID-19 pandemic, travel has declined significantly, which made it seem like TEM automation would take a back seat to more urgent priorities. But for many organizations, particularly those working remotely, the pandemic has brought to light a few harsh realities about their expense management. Businesses using dated tools have grown increasingly frustrated as they learn that their current state doesn’t offer them adaptability and those relying on manual processes realize that their old methods are untenable in a fully remote environment.
Organizations of all types have much to gain from implementing modern TEM software and Levvel Research’s 2020 Travel & Expense Management Insight Report gives tips and a guide to identifying and selecting leading TEM tools, as well as an overview of the trends and metrics of this function across the business landscape.
Major Bottoms Jr.
Senior Research Consultant
Offering unbiased, industry-leading, educational content.