Get the Biggest Bang for Your Business Travel Buck

by Connie Moser

Get the Biggest Bang for Your Business Travel Buck

Business travel nets many companies nearly a 4-to-1 return on their investment, and you can do the same if you travel right. Traveling right means taking stock of a trip’s potential costs, potential income, and engaging in a few strategies that can help you make the most of your trip.

Business Travel

Business Mileage Reimbursement Lowered for 2016

by Brian Deleon

Business Mileage Reimbursement Lowered for 2016

Generous business mileage reimbursement rates are a thing of the past, thanks to the IRS revamping the rates for 2016. The new, lowered mileage reimbursement rate for a business vehicle is 54 cents per mile, down a full 3.5 cents from last year’s 57.5 cents per mile. The new rate took effect Jan. 1. Although the mileage reimbursement has decreased by 3.5 cents, the average price of a gallon of gas has fallen from $3.50 a gallon in August of 2014 to $1.77 in February of 2016. That’s over a 50% decrease in the price of gas so even at 54 cents per mile you’ll get a good bang for your buck (or half buck).

Business Travel

Not All companies are Uber-Excited About the Sharing Economy

by Bill Hanfrey

Not All companies are Uber-Excited About the Sharing Economy

Although business travellers are largely embracing service options available through the sharing economy, not all companies are equally as keen on the concept. In fact, a recent survey found a notable percentage of businesses outright prohibit the use of non-traditional lodging services, and car rentals still beat out ridesharing services when it comes to ground transportation options.

Business Travel

The Lowdown on Sky-High Wi-Fi

by Ali Mast

The Lowdown on Sky-High Wi-Fi

Wi-Fi has become such a necessity that 45 percent of business travellers who use it would actually be willing to go through the arduous security screening twice in exchange for a flight with a more reliable connection. Sixty-six percent of travellers were influenced by Wi-Fi options when choosing their flights, 22 percent have paid more for a flight just to get Wi-Fi, and 29 percent would give up their confirmed ticket for a standby on a flight with faster Wi-Fi.

Business Travel

Don’t Leave Home Without Your Smartphone – The Ugly Reality

by Dick Jensen

Don’t Leave Home Without Your Smartphone – The Ugly Reality

Ever imagine what a business trip would be like without your smartphone? Most of us would shudder at the thought. Business traveller and VentureBeat columnist John Koetsier actually lived through the experience. And he promises it wasn’t a very enjoyable one. To put it as bluntly as he did, the words he used were: “It sucks.”

Business Travel

How Mobile Technology is Impacting Business Travel

by Ted Stavropoulos

How Mobile Technology is Impacting Business Travel

Mobile technology already has such an impact on business travel that most travellers say Wi-Fi is the most precious piece of mobile tech that aids in productivity while travelling. In fact, a majority of corporate travellers from many countries say it’s absolutely vital during every business trip.

Business Travel

Learn to De-Stress Business Travel

by Stephen White

Learn to De-Stress Business Travel

Even when business travel involves a fabulous location, a quick flight and a light schedule, it can still take a huge toll on your mind, body, emotions and spirit. Harvard Business Review contributor and CEO Peter Bregman found this out the hard way when it took him a full week to recover from one of his seemingly easy, two-day corporate jaunts.

Top Trends and Concerns of P2P Professionals

by Serge Merkin

Top Trends and Concerns of P2P Professionals

As organisations continue to implement technology designed to streamline their Purchase-to-Pay (P2P) processes, a number of trends and concerns keep surfacing. Both were discussed in a recent webinar hosted by PayStream’s Henry Ijams and featuring Greg Horton of OpenText.

Expense Analytics and Reporting, Expense Management
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