Enterprises spend millions – even billions – on business activities, yet their spend processes are outdated and inefficient. A huge source of leakage are travel and expense (T&E) departments, which after salaries and benefits, represent the second-largest controllable business expense.
In this AppZen business spend report, we’ve compiled trends, best practices, and recommendations based on aggregated, anonymized data from the AppZen Expense Audit Platform. Conclusions are based on AppZen Expense Report Data from hundreds of accounts in a variety of industries from October 1 through December 31, 2018.
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