Top 4 travel and expense management challenges

| 0 Comments
ShirleyLeRoux.pngShirley Le Roux, MD of TraveluXion gives SmartProcurement her insights into the top challenges and key focus areas around Travel and Expense Management as per the Aberdeen Group Survey published in March 2013.

What was identified?

According to the survey the top challenges with regards to Travel and Expense (T&E) Management are:

  • Poor visibility into T&E spending, compliance and suppliers – 51% of respondents
  • Need to reduce expense processing costs – 40%
  • Lack of spend control – 33%
  • Need to eliminate manual/ paper-based processes – 30%

The key focus areas for 2013 are:

  • Expense Management processes – starting with creation, submission, workflow, approval and reimbursement – 53% of respondents.
  • Integration between systems – 20%
  • Analytics and intelligence – 17%
  • Travel-booking – 14%

Of interest in the findings is that these challenges have been around for a few years and as such have formed the cornerstone of why solutions such as TraveluXion were purpose built: to address these areas of concern, says Le Roux.

“I am extremely excited that, globally, this year’s key focus will fall on the areas mentioned above as TraveluXion’s standard application will assist and allow companies an opportunity to implement a solution that caters exactly for these needs.”

Considering that this is a global survey, one can assume that South Africa’s landscape faces different challenges, and depending on the sector you speak to, perhaps the priorities would change slightly, says Le Roux.

As such TraveluXion in conjunction with change management expert Michael Jackson will host four “Smart Paper workshops” on 2, 3, 9 and 10 May 2013.

The workshops will discuss the “road ahead” - based on Jackson’s indepth view and vision of what we can expect approaching 2020.

Furthermore, it will afford Buyers of T&E and industry experts an opportunity to collaborate and discuss the top challenges and key focus areas they encounter. Feedback will be documented and dispersed in the form of a white paper, based solely around the needs of the South African market. The feedback will be based on pre-determined qualitative and quantitative questions.

This workshop invitation is extended to any organisation that would like to send a specialist who focuses on this commodity. Specifically, the workshops are open only to:

• Buyers of travel spend.
• Suppliers of inventory – car hire, hotel and airline.
• Credit card companies that supply either lodged cards or corporate cards in pocket for T&E-based expenditure.

For more information on the application available and for TraveluXion’s assistance contact Shirley.leroux@traveluxion.co.za

Leave a comment


SmartProcurement Newsletter
X

Please enter your details below to receive the SmartProcurement Newsletter for FREE on a regular basis.

As part of the SmartProcurement Newsletter you will be receiving World Class Procurement News, Tools, Tips, Tactics, Procurement Training updates, Upcoming Events, and the latest Procurement Career Openings.

* Email Address:
* Title:
* First Name:
* Surname:
* Company:
  Position:
* Country:
* Public / Private:

 

 

Career opportunites

Risk Control Manager

  • <500 000 Gauteng Permanent Procurement Consultant Projects / Category Management
R450 000 - R550 000 per annum.Location: Johannesburg ...More

Demand Planner

  • <500 000 Gauteng Operations, Planning & Inventory Permanent Procurement Consultant
Salary: R500 000 - R500 000 per annum.Location: ...More

Fuel Logistics Manager

  • <500 000 Logistics & Warehousing Operations, Planning & Inventory Permanent Western Cape
Salary: R600 000 - R720 000 per annumLocation: ...More

Supply Chain Manager

  • <500 000 Gauteng Permanent Projects / Category Management Supply Chain
R650 000 - R700 000 per annum.Location: Johannesburg.A ...More

SENIOR BUYER

  • <500 000 Buyer Gauteng Permanent Supply Chain
R500 000 - R550 000 per annum,Location: Midrand,A ...More

Supply Chain Analyst

  • <500 000 Analyst Gauteng Permanent Supply Chain
Salary: R600 000 - R700 000 CTC per ...More

Supply Chain Manager

  • <500 000 Gauteng Permanent Supplier / Business Development Supply Chain
Salary: R600 000 - R700 000 per annum,Location: ...More

Demand Planner

  • <500 000 Gauteng Logistics & Warehousing Permanent Projects / Category Management
Salary: R450 000 - R550 000 per annum,Location: ...More

Demand Planner

  • <500 000 Gauteng Logistics & Warehousing Operations, Planning & Inventory Permanent
Salary: R500 000 - R500 000 per annum,Location: ...More

Warehouse and Distribution Manager

  • <500 000 Logistics & Warehousing Permanent Procurement Management
Salary: R650 000.00 - R850 000.00 CTC pa,Location: ...More

National Supply Chain Manager

  • <500 000 Gauteng Permanent Procurement Management Supply Chain
Salary: R900 000 - R1 000 000 per ...More

Procurement Specialist

  • <500 000 Gauteng Permanent Procurement Management Procurement Officer / Specialist
Salary: R380 000 - R420 000 per annum,Location: ...More

Supply Chain Analyst Lead

  • <500 000 Analyst Gauteng Permanent Supply Chain
Salary: R1 000 000 - R1 100 000 ...More

CIPS Tutor and Coordinator

  • Gauteng Permanent Projects / Category Management Supply Chain
Commerce Edge South Africa,Division: Commerce Edge Academy,Location: Johannesburg, ...More

Warehouse Manager

  • <500 000 Gauteng Industrial Engineer Logistics & Warehousing Permanent
Salary: R480 000 - R600 000 per annum.Location: ...More

Senior Buyer

  • <500 000 Buyer Gauteng Permanent Procurement Consultant
Salary: R600 000 - R650 000 per annum.Location: ...More

Operations Manager

  • <500 000 Gauteng Operations, Planning & Inventory Permanent Supply Chain
Salary: R700 000 - R800 000 CTC per ...More

Warehouse Manager

  • <500 000 Gauteng Logistics & Warehousing Operations, Planning & Inventory Permanent
R400 000 - R480 000 CTC per annum.Location: ...More

Supply Chain Analyst

  • <500 000 Analyst Permanent Supply Chain Western Cape
R400 000 - R500 000 per annum.Location: Cape ...More

Commodity Manager

  • <500 000 Commodities Gauteng Permanent Procurement Consultant
R650 000 - R750 000 per annumLocation: Cape ...More