-- 18% higher rates of compliance to corporate T&E policies -- Processing costs for expense reports that are 63% lower than their peers -- Online booking costs 47% to 72% lower than all other enterprises"By taking a holistic approach to managing travel and expense processes as a unified lifecycle, Best-in-Class enterprises are achieving better policy compliance and higher rates of cost savings," said Bill Browning, Research Analyst, Aberdeen. "And while integrating different T&E management solutions helps this, utilizing a single, end-to-end solution can provide additional benefits in terms of efficiency, data integrity and business traveler convenience and satisfaction." To reach the level of performance of Best-in-Class organizations for effective T&E expense management, Aberdeen recommends that enterprises undertake the following actions:
-- Formalize travel management programs -- Leverage T&E data as part of supplier negotiations -- Maintain focus on improving T&E management policies, processes and programs -- Integrate disparate travel and expense management programs or, where possible, utilize an end-to-end T&E management solutionA complimentary copy of this report is made available due in part by the following underwriters: Concur and the NBTA. To obtain a complimentary copy, visit: http://www.aberdeen.com/link/sponsor.asp?spid=30410182&cid=5314 About Aberdeen Group, a Harte-Hanks Company Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen for insights that drive decisions. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
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Contact Information: Media Contact: Andrew Bartolini Aberdeen Harte-Hanks (617) 854-5310 andrew.bartolini@aberdeen.com William Browning III Aberdeen Harte-Hanks (617) 854-5229 william.browning@aberdeen.com