Posted in Methods Reporting Suppliers

Coupa Buys Yapta, Which Was Part-Owned By Concur

Coupa acquired Yapta, the thirteen-year-old hotel and airfare price assurance firm named for “Your Amazing Personal Travel Assistant.” Yapta had raised more than $25 million…

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Posted in Negotiating Reporting

Op Ed: Keesup Choe On How Targeted Selling Algorithms Can Benefit The Buyer

Keesup Choe of PredictX suggests that targeted selling algorithms using artificial intelligence can help buyers control spend and create leverage for supplier negotiations. As modern-age…

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Posted in Methods Reporting Suppliers

IRS Sets Use Of Personal Vehicle Standard Reimbursement Rate At 57.5 Cents Per Mile For 2020, But You Might Save By Tracking Actual Expenses

The U.S. Internal Revenue Service on Tuesday announced the standard per-mile reimbursement rate for business use of personal vehicles would be 57.5 cents for next…

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Posted in Culture Reporting Risk

How To Break The Bond Between Corporate Travel Management And International Criminal Activity

It was a record year for U.S. federal prosecution of corruption and fraud. The Justice Department Criminal Division in 2019 charged more individuals, and secured…

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Posted in Negotiating Policy Reporting

Op Ed: Louise Miller On Tackling Your Toughest Categories Of Un(der)managed Spend

Actively managing the largest proportion of spending possible is a primary goal for buyers across various categories. The corporate travel category presents a unique set…

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Posted in Methods Payment Reporting

Op Ed: Mat Domaradzki On Blockchain’s Potential In Corporate Travel

Mat Domaradzki is a travel manager for ConsenSys, a blockchain technology company. The following guest column is adapted from his presentation during a September event…

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Posted in Careers Culture Productivity Reporting

As Finance Leaders Discuss Digital Transformation, Scholar Advises Companies To Shrink Administrative Departments And Pool Their Resources

New York — You hear it all the time: Business travel is an investment. Do corporations really believe that? Are they savvy enough to do…

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