![]() ![]() According to a new American Express Expense Management Trendex survey conducted between Dec. Major providers are trying to enhance their offerings to make travel spend management easier. In the press release, Gunther Bright, Executive Vice President, Global Commercial Services at American Express, gives an apt description for the expense reporting process, “Expense reports are a necessity, but we all hate doing them.” Microsoft will be running a pilot program with its own internal systems this year and the product is planned to rollout over time to American Express Corporate clients. Recently, American Express announced the development of a set of expense management solutions aimed at improving the expense management process for business travel. According to the latest GBTA Business Travel Outlook, 55% of travel buyers and procurement professionals reported they will take more business trips in 2023 than 2022 and 42% are expecting budgets for travel program operations to be higher. Managing business travel expenses is a hot topic in the industry, especially as travel continues its strong recovery from the pandemic.
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