Posts Tagged: expense

Government Mandate for e-Procurement Expected to Bring Savings

As a part of the “Campaign to Cut Waste,” the president has required that the Internet Payment Platform (IPP) go live for all government agencies by the start of the fiscal year. This means that as of October 1, 2012, businesses will have to use e-procurement to send bills to the federal government. While theseRead… Read more »

Expense Management: Trading Paper For Best Practices

Did you know that more than 2 out of 3 American businesses still mail receipts to their accounting departments? It doesn’t make for fast or reliable expense management, but it’s been ingrained in established business processes for so long, some companies are reluctant to put aside what they know for what’s new…even if what theyRead… Read more »

Spend Management: Why Automating Makes Sense

It’s no surprise that business is becoming more and more automated: as it goes for the world, so it goes for financial data. The stress of corporate spend management is paving the way for a more automated perspective, from spend analysis to policy enforcement and compliance. Being unable to access up-to-date financial data can seriouslyRead… Read more »

Federal Government Cracks Down On Expense Management

The General Services Administration (GSA) has made quite a few headlines recently due to excessive (and irresponsible) use of government funds at various conferences and training retreats, but now it seems it’s time for them to deal with a more cash-strapped budget. While spending has been much more carefully scrutinized since news broke of theirRead… Read more »

GSA Expense Management Fiasco Prompts Additional Scrutiny

In the continuing saga of the General Services Administration (GSA), Chief Dan Tangherlini faced the Senate Homeland Security and Governmental Affairs Committee this week to respond to questions concerning the astounding lack of spend management his agency has shown in recent years, most of which came to light following a lavish April 2010 training conferenceRead… Read more »

Business Travel Expected to Surge Over Next 12 Months

Your corporate travel agency can expect to be busier over the next year, if it follows the trend reported last week by Executive Travel Magazine. A survey conducted by American Airlines reveals that businesses are feeling much more optimistic about travel booking for those face-to-face business meetings, helping to drive an increase in bookings forRead… Read more »