The "Cloud" Increases Companies' Access to Benefits of T&E Automation

As the recovery picks up, so do travel and entertainment (T&E) costs—especially corporate travel, further boosted by surging oil prices. The most recent Concur Technologies survey, based on 8.3 million expense reports from 3,000 companies, reveals that US T&E costs rose 3.4 percent over a year earlier. The largest increases were in airfare (up 5.7 percent),...