Base Tendriling Travel Expenses

As business travel expenses nose upward, now may be the best techniques of cost management can make a difference

United States. Business, laid off more than 143 billion dollars in 1994, according to the latest survey by American Express for the management of the business. The private employers to spend about $ 2.484 per employee in travel and entertainment, an increase over the last four years, 17 percent.

T & E costs, today the third largest controllable expense behind sales and IT costs are under control again. Companies recognize that even a savings of 1 percent or 2 percent, in millions of dollars to be added to its benefits translate.

Savings of this order are sure to attract the attention of the management, for a pre-requisite for this type of project. Commitment begins with the understanding and evaluation of the components of T & E management control and effective monitoring.