Total Cost to Perform the Process "Process Expense Reimbursements" per T&E Disbursement

Business travel took a serious hit in 2020; and as the world economy forges ahead in 2021, many experts anticipate an immediate spike in travel demand that will increase rates for airfare, hotels, restaurants, and rental cars. It’s understandable if your T&E reimbursement process has gotten a bit dusty over the last year, but it’s critical to ensure this process is optimized for the coming crunch. In this article, we’ll examine what organizations typically spend to process T&E reimbursements and review some best practices that can help keep costs under control for this process.