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Expense Policies In The Age of Remote Work

In April 2023, Chief Executive Group and TravelBank teamed up to survey 133 U.S. chief financial officers on how they’re handling one of today’s most nuanced business costs, employee expenses, in the age of remote work.

Inside, you’ll learn:
– Distributed workforces have become par for the course.
– For some organizations, remote work has contributed to an increase in expense reports being submitted.
– Nearly half of companies are missing out on the opportunity to optimize costs and improve the employee experience through an expense policy for remote workers.

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TravelBank has cut down my work trip reporting time from 20 minutes to a few minutes at most!

Dr. Jen Rohrbaugh, Education Services

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Everything expense related is now at our fingertips.

Cameron Hartman, Structural Concepts, AP Supervisor

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TravelBank gives us access to the expense data we need to align spend with business goals and save company money.

Jeff Blankenship, West Tennessee Healthcare, Chief Financial Officer

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With TravelBank, we get better rates, and have better tracking and controls. It’s an all-around improvement.

Rene Crosswhite, GardaWorld, Senior VP of Finance and Administration

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We’ve been able to organize all of the travel expenses in one place, and saved a lot of money in the long run.

User Review, G2

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Ease of workflow, communication with administrative management for reimbursement of travel expenses, meals, department supplies, etc.

Kendra, G2, RN Site Supervisor

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I love how easy it is for our employees to use and it makes expense tracking so much easier and more accurate.

Laurie H., G2

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This app allows the Finance Team to quickly audit expense reports. Very user friendly and I love the travel options.

Arthur G., G2

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TravelBank saves us a ton of time and paperwork and chaos.

Joel Martin, OnRamp, Senior Manager of Customer Operations

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Effortlessly add users and manage privileges. TravelBank tracks spending, offers great reporting and analytics.

Raymond L., LendingHome

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TravelBank helps us to keep costs in check and empowers employees to manage their expenses responsibly.

Paul Watson, Ledbury, Co-Founder

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I’m careful with company spend because I treat it like my money. With TravelBank, I can instill the same mentality for my employees.

Evan Liang, LeanData, CEO

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Using TravelBank is the equivalent to hiring a people operations coordinator in house – it takes care of all the little things.

Jennifer L., JumpCut

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TravelBank is intuitive and makes a lot of sense. The user interface is great, and using the platform is seamless. It saves me hours.

Homaira, Freenome, Administrative Assistant

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TravelBank automates tasks, approval process, payroll. Algorithms save money. Empowers dept. heads in expense management.

Marshall Thomason, FiscalNote, Controller

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We now get visibility into travel before it happens and receipt compliance is close to 100%!

Rob Bailor, FiscalNote, Senior Director of Finance

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Employees are motivated by the incentives to book more discounted flights. Educated travelers save more.

Kandi Phillips, Clearlink, Perks and Events Manager

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TravelBank is very intuitive. The mobile app is a fantastic way to capture expenses without the hassle of having to scan.

James T., G2

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I get excited when a new credit card transaction syncs with my receipts. Gone are the days of filling out tedious expense reports.

User Review

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I have tried many different ways to keep receipts neat and turn in nice expense reports, and this is by far the best I have come across

User Review

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TravelBank incentivizes employees to save T&E budget. They book Airbnbs or stay with friends to cut costs. Penny saved is penny earned.

Evan L., G2, CEO

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