2020 Insights: T&E – the game-changer for business expenses (infographic)
Business travel-related expenses account for, on average, 10% of a company’s annual budget. The unique habits and expectations of millennials will put upward pressure on this. With Asia expected to home 60% of the world’s millennials globally by 2020, current Travel and Expenses (T&E) operations need to evolve.
Travel management company, Concur, has put together some insights from a new survey on the impact of T&E to businesses’ bottom line. (See infographic below)
• Featured image credit: kovalchuk_iStock
