Featured Article

Out of Control T&E Expenses: Taming Your T&E Beast
Out of Control T&E Expenses: Taming Your T&E Beast
May 26, 2015
In my recent blog Seven Flags Your T&E Expenses are Out of Control, I identified 7 red flags that may indicate T&E expense management is not getting its due at your company. In this blog, I will offer specific advice regarding how to address these T&E problem areas. Here are the tips that CFOs can use to take back control of their company’s T&E expenses: 1. Review your company’s T&E policies; if you do not have them, you need to create them Ensure policies are consistent with your company’s current and future travel needs, incentivize the use of technology available to automate T&E expense report requests to reimbursement, and are designed to mitigate the burden involved in being reimbursed on your travelers and those who manage them Ensure policies include input from key travel groups Ensure policies do not inhibit the timeliness of expense report submission and/or reimbursement 2. Improve the travel policy IQ of your employees Review the policy with all travelers on an an...

Recent Articles

May 20, 2015
The Key to Efficiently Monitoring Travel & Entertainment Spend
Travel and entertainment (T&E) accounts for 10–12% of the total annual budget for business expenses, according to a report by J.P. Morgan. This means North American companies will spend a projected $186 billion on T&E in 2015. It goes without saying: an expense category of this size should not be ne...
Continue Reading
May 14, 2015
7 Red Flags Your T&E Expenses are Out of Control
In Part II of my recent two-part blog series Why T&E Should Matter to CFOs, I challenged CFOs to find the right person or people on their teams to pose the following seven questions: 1. When is the last time we did a thorough review of our T&E policies? 2. What is the rate of compliance with our T&...
Continue Reading
May 13, 2015
Upcoming Webinar: How to Improve Control, Compliance and Processes
On May 28, 2015, join us for a live 60-minute webinar on T&E management—we’ll be discussing control, compliance and how to improve expense management processes overall. Certify’s Director of Business Development, Ben Parker will review the results of our annual expense management survey, all whi...
Continue Reading
May 7, 2015
Product Update: 24-Hour Support is Coming!
With many organizations today, the 9-to-5 job is no longer the norm, which means that there’s always a chance that you might need support after normal business hours. Here at Certify, we asked: why wait until the next business day for help when you can get it right when you need it? When you nee...
Continue Reading
April 30, 2015
CTO Corner: Offline Mode
Just ten years ago, business travel involved spending hours (sometimes even whole days) disconnected from your business. (Think about that!) After being stuck on an airplane for what seemed like an eternity, seasoned business travelers would be the first to stand up as soon as they heard that famili...
Continue Reading
April 29, 2015
Reduce Excessive T&E Spend With These Safeguards
Excessive travel and entertainment (T&E) spend can become a substantial cost to any business. Regardless of company size, all organizations should be taking measures to reduce excessive and fraudulent spending. Consider the following safeguards: Are you utilizing web-based, automated software to ...
Continue Reading
April 24, 2015
How Accountants Can Work Smarter, Not Harder
When reviewing expense reports, accountants are often tasked with numerous undesirable assignments: manually reviewing each individual receipt, ensuring all reimbursements are viable in terms of company policy, and informing employees—sometimes high-ranking staff—when they’ve spent too much. So, how...
Continue Reading
April 17, 2015
Starbucks Remains Most-Expensed Restaurant
By analyzing vendors, expense amounts and satisfaction ratings, we compile our quarterly SpendSmart™ Report to illustrate the most up-to-date trends in corporate travel. These insights help organizations plan travel and entertainment (T&E) budgets, evaluate T&E policies, and choose vendors that best...
Continue Reading
April 16, 2015
Why T&E Should Matter to CFOs (Part II of II)
In Part I of Why T&E Should Matter to CFOs, the relevance of travel and entertainment (T&E) expense management to CFOs was established. In a nutshell: second only to payroll, T&E spend comprises the largest business expense for companies; ineffective T&E management negatively impacts all employees w...
Continue Reading
April 14, 2015
2015 Q1 SpendSmart™ Report Released
With Q2 well underway, we’re looking back at business travel spend trends of last quarter. In our quarterly SpendSmart™ Report, we analyze our entire database of reviews and receipts—providing insights and benchmarks for the T&E industry at large. Last quarter, we focused on the significant shif...
Continue Reading
© Certify, Inc.