Travel and Expense Policies flow for out of policy expenses on the TravelBank mobile application

Why Orgs Consistently Struggle with T&E Policy Adherence

Roughly 77% of organizations have a formal travel and/or expense policy, but they have almost no way to encourage T&E policy adherence. Here’s how to disseminate and enforce your T&E policy at scale.

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Forrester TEI Study: TravelBank Generated $482,000 in Benefits over 3 Years

Read the Forrester Consulting Total Economic Impact™ about TravelBank’s ROI.

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Travel policy compliance isn’t an easy process. Most companies have high travel and entertainment spend, and struggle to get team buy-in for a number of reasons. If this battle feels all to familiar, it’s likely your policy is in need of a revamp. Here are seven reason why most travel managers haven’t achieved travel policy compliance yet, and most importantly, how to fix the problem head-on.

How Much is Increased Travel and Expense Policy Compliance Worth it?

Here’s what we learned about travel and expense policy compliance from a recent Forrester study.

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“Everything expense related is now at our fingertips.”
Cameron Hartman, Structural Concepts, AP Supervisor
“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
“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
“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
“Ease of workflow, communication with administrative management for reimbursement of travel expenses, meals, department supplies, etc. ”
Kendra, G2, RN Site Supervisor
“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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Arthur G., G2
“TravelBank saves us a ton of time and paperwork and chaos.”
Joel Martin, OnRamp, Senior Manager of Customer Operations
“Effortlessly add users and manage privileges. TravelBank tracks spending, offers great reporting and analytics. ”
Raymond L., LendingHome
“TravelBank helps us to keep costs in check and empowers employees to manage their expenses responsibly.”
Paul Watson, Ledbury, Co-Founder
“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
“Using TravelBank is the equivalent to hiring a people operations coordinator in house – it takes care of all the little things.”
Jennifer L., JumpCut
“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
“TravelBank automates tasks, approval process, payroll. Algorithms save money. Empowers dept. heads in expense management. ”
Marshall Thomason, FiscalNote, Controller
“We now get visibility into travel before it happens and receipt compliance is close to 100%!”
Rob Bailor, FiscalNote, Senior Director of Finance
“Employees are motivated by the incentives to book more discounted flights. Educated travelers save more.”
Kandi Phillips, Clearlink, Perks and Events Manager
“TravelBank is very intuitive. The mobile app is a fantastic way to capture expenses without the hassle of having to scan.”
James T., G2
“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
“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
“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
“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
“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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