Recorded Webinar

Building an Effective Corporate Travel Policy

Original air date: September 11, 2018

Speaker: Ernie Humphrey, Director, Content & Thought Leadership Programs, The CFO Alliance

Abstract

Business travel is essential to growing your business—whether for building your network, or having a face-to-face meeting with that dream client, a work trip can mean the difference between a good year and a great one.

With such weight placed on T&E spend, you may be surprised to learn that while 79 percent of companies have a written travel policy in place for their companies, 72 percent of these businesses leave compliance up to the employee or conduct a manual review. The productivity decrease alone would make most managers cringe, and that’s before looking at profit lost as a result.

Learning Objectives:

  • The essential elements of an effective corporate travel policy
  • How the changing terrain of expense-related laws will affect your policy creation
  • Why an efficient travel policy drives compliance across the organization
  • Best practices for negotiating discounts—potentially saving thousands of dollars every year

Slides from the webinar

Webinar Recording