Is your company looking to resume “normal” office life soon? To avoid costly retention issues, you may want to focus on flexibility. Almost 30% of remote workers said they'd quit if they weren't allowed to continue remote work, according to…
Policy and culture
In today’s workforce, it’s becoming more common for companies to foster longstanding independent contractor relationships. But just like with employees, finding top-notch independent contractors who are willing and able to provide the services your company needs can be a costly,…
Are you and your finance team still wondering exactly what to expect for business travel recovery during the rest of 2021 and beyond? There’s new insight: The Global Business Travel Association (GBTA) published its twelfth annual BTI Outlook. It includes…
As much as your finance department dislikes scrutinizing expense reports, travelers may disdain filling them out even more. In fact, about a quarter (24%) of travelers said they’d rather have a cavity filled than complete an expense report in a…
Your finance team deals with resistance and pushback – which can negatively affect your processes and bottom line – all the time. CFOs know what it looks like: A vendor who always “forgets” to include details on its invoices. A…
Of all the aspects of company operations that have been affected by the COVID-19 pandemic, business travel may take the cake. Employees' flights were canceled or postponed. Hotel fees stopped trickling in. Even important client dinners were put on hold.…
The year 2020 was an extremely challenging one for CFOs and their companies. But you persevered – and learned a lot of important lessons. From remote work and digital transformation to personnel changes and reallocated budgets, your finance team worked…
As CFO, you know your relationships with important trading partners can have a huge impact on your business’s success. But getting your vendors and customers to view you as a trusted ally rather than just another business takes considerable time…
The holidays are officially here – and for many companies, they may look a little (or a lot) different this year. Due to the coronavirus pandemic, annual parties and festive office decorations may have to be passed over – but…
Though business travel was slowed by the pandemic, it’s starting to pick up again, and trip approval requests will be trickling in. Fact is, many companies are feeling the pressure to return to a sense of normalcy. And though Zoom…
Work looked different for most of this year ... and so did the type of expenses employees tried to submit for reimbursement. We have 16 of the craziest business expenses of the year. See if you can guess which ones…
During the coronavirus pandemic, effective communication of T&E information has become even more critical than normal. The question is: How do employees want to hear coronavirus-related travel and expense news? A recent study from BCD Travel asked employees what their…
