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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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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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  • “TravelBank makes the travelers’ experience as simple as possible, without sacrificing anything on the admin side.”
    Michael Ashkar, Iterable, Senior Payroll and GL Accountant
  • “Super fast to set up and easy and intuitive to use. I like how quick and seamless it is to make bookings and log expenses in the app.”
    Jeremy Y., G2
  • “This app allows the Finance Team to quickly audit expense reports. Very user friendly and I love the travel options. ”
    Arthur G., G2
  • “TravelBank can predict what employees should be spending on trips, help them file their expenses, and even give them cash rewards.”
    User Review, Techcrunch
  • “Users are saying it cuts down 30 to 45 minutes of their time to book travel and submit for reimbursement. ”
    Neal, Sonacare Medical, VP of Finance
  • “TravelBank: 50% cheaper all-in-one travel and expense tool. Simplifies office travel booking and expense tracking for remote teams.”
    Olivier Labbé , Metadata.io, President
  • “TravelBank is fast, easy, and accurate.”
    John Bailey, Falkonry
  • “Makes booking flights and hotels a breeze! And you’re rewarded for saving the company money. Reimbursements also go through fast! ”
    Robert A., G2, Freelance Direct Response Copywriter
  • “TravelBank knows my company policy and prompts me as I’m looking at flight or hotel costs. It saves me so much time.”
    Debby T., G2, CX Specialist
  • “Having everything in one location makes the whole experience easy. Compared to other services that I’ve used, this has been so simple.”
    Cody N., G2, Compliance Manager
  • “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
  • “The chat function is super helpful – I don’t need to sit on hold for a phone call to ask a question about my reservation.”
    Verified in Consumer Goods, G2
  • “TravelBank simplifies flight selection for remote employees. No more scheduling hassles or guesswork for event managers like me.”
    Verified User, G2
  • “Effortless travel & expense platform for employees. Easy to manage and customize for admins. TravelBank meets our business needs.”
    Verified User , G2
  • “TravelBank makes managing expenses and monthly spend a no-sweat experience. You would not dread end-of-the-month accounting updates.”
    Shellane G., G2, Executive Admin Assistant