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Business Should Use Travel Expense Management Software

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Why do business travellers always look jaded? Is it that they’ve not slept in the same bed for more than one night this week, that they’ve changed their time zones more often than their socks, or that they dread filling in expense claims when they get back? If travel for business is a must, there’s not much online expense management software can do about the first two – but it’s a different story when it comes to the third. That’s because if there’s one thing top expense management software can do really well, it’s to allow expenses to be claimed on the go, filling in the dreary waits in airport lounges, reception areas, or interminable hotel room evenings. With access to Wifi and employee expenses software like Solo Expenses installed on a smartphone, it’s possible to claim back a spend more quickly than it takes to spend the money in the first place. Yes Bank meets Solo Expenses to create the best expense manager app And the process has just got quicker thanks to a ...

Why ‘Cheap’ Could Be Expensive In Business Travel

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The cost of business travel isn’t just about the cost of the flight and the hotel; other factors must come into play when calculating the true cost of a trip on behalf of the company, as a ‘discussion’ between a senior manager and his secretary proves… The boss always had his secretary sort out his business travel. She’d find him a suitable flight and make the necessary arrangements – but she wasn’t allowed to book it until he’d looked over the plan first. That was his first mistake. Aside from the wasteful micromanagement that was going on, he was wasting valuable time. On this occasion he rejected the plan, saying he’d found a cheaper flight with another carrier from another airport. That was his second mistake. She came right back at him with a sheet of paper with a list of figures. She’d proved that although his flight was cheaper, and involved similar flight times, the total cost was actually greater. She’d factored in the cost of travelling to a more distant airpor...