Chief Finance Officers (CFO) and Chief Procurement Officers (CPO) do not just contribute to keeping costs down but must now lead the business in growing revenue.
This Egencia white paper addresses the question CFOs and CPOs are asking these days: how can CFOs and CPOs adapt to the growing needs of their jobs and seamlessly manage these responsibilities at the same time?
One answer is an efficient travel management process – one that can translate to real savings, accounting for up to 20% saving in direct travel costs and 65% savings for indirect costs. Given that travel costs account for the second-largest controllable expense, this is serious money.
This whitepaper will cover:
- Cutting back in the right areas
- Identifying the biggest areas of opportunities
- Quantifiable benefits of technology
- Proven steps in evaluating travel management partner
Click here to download this Egencia white paper and discover the ways in which CFOs and CPOs can both maximize travel revenue and minimize travel expenditures through technology-forward travel suppliers and the right policies.
With the current global health crisis, political uncertainty, and natural disasters, you may want to improve business travel safety a priority. Click here to know more.