Mobile expense reporting is gaining traction in nearly 50 percent of companies.
Mobile travel management tools continue to create a lot of buzz in the industry, whether in the form of itinerary managers, flight delay/cancellation notification, mobile hotel check-in or other newsworthy technologies. These service-oriented applications are great for travelers, but they do not necessarily support enterprise travel management, with data, compliance assurance or other benefit for the travel program. To that end, the managed program would likely need configurable travel shopping, booking and expense reporting tools on a mobile platform.
While suppliers have taken steps toward configurable travel shopping and booking, few technologies have reached a level of critical functionality that would make them essential in the corporate travel environment. Expense reporting tools may be approaching that point, according to a recent survey of travel buyers (69 percent) and suppliers (31 percent) for this issue of The Wire…from AirPlus.
Among the survey’s buyer respondents, about 17 percent are currently using a mobile application for expense reporting. That said, nearly 11 percent plan to implement such a tool in the next six months, and almost 21 percent of buyers indicated their company was researching the options. While still not a majority, to have 48 percent of buyer respondents using or considering a mobile expense reporting solution is a strong showing for a technology that was introduced to the managed travel space only two years ago.
Among buyers, the benefits of mobile expense tools seem fairly promising. More than 56 percent indicated that mobile tools would speed the time it took to turn expense reports over to accounts payable or finance.
For complete survey results, click here:
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February 28th, 2011 at 01:38 AM
Interesting survey results, AirPlus. As a provider of integrated travel and expense solutions for the Web and smartphones, we hear similar feedback. Increasingly, we see customers of all sizes looking for configurable travel shopping, booking and expense reporting tools on popular mobile platforms. And, they need these solutions to support their corporate policies and be secure. Plus, their travelers want a service-oriented tool that’s easy to use.
Mobile expense reporting can definitely speed up the reporting process saving travelers time and businesses money. Concur currently offers a best-in-class mobile travel and expense management platform and are combining our mobile solution with TripIt to enhance this offering. Working with our customers to ensure the product addresses their needs, we’re always open to suggestions and encourage folks to reach out to us in our client community or at connected@concur.com. These are exciting times for travel and expense management!