Traveling for work on company resources can be a frustrating experience altogether, especially when you lose a receipt. This becomes a nightmare when you need reimbursement. Therefore, it's essential to be as organized as possible for your trip to be enjoyable.
Having a travel management company organize, manage, and track all your travel expenses is the best way to go. That is why hiring the CrewFacilities travel management team is the best decision you will ever make. This is because we have the tools and resources to gather all your travel data and organize it in one centralized place.
So, what are these tools and resources?
Cost Centers
If your company has operations in different states or even countries, each location must have its payment account, especially when different currencies are involved. Therefore, each travel spend must be recorded in the correct payment account. It can be pretty challenging for the finance department to manage and track expenses, and most often, it may cause accounting errors. Hiring
CrewFacilities will ensure that your employees can input, track, and record all their expenses on the CrewFacts App. The company can then access all the travel spend data on this app.
Tags and Labels
Besides recording their expenses in the correct accounts, the finance team will need the spend data categorized by projects or groups. Therefore, it's a must that all costs incurred for a particular project be under one file. A travel management company such as
CrewFacilities has the resources and tools to manage a large team of employees' travel data. Therefore, they will record all expenses incurred on that trip and tag them under the said project through their systems.
For instance, if you are working on an account and take a client out for lunch. Under your expense account in the
CrewFacts App, you must scan your receipt and write a few notes under the entry, such as the business topic discussed, client name, and the number of people. This helps in classifying the expense.
Keeping All Travel Data in One Place
If you want to get accurate data from your corporate travel, you must keep it in a centralized place. This can be a challenge when employees are managing their own expenses. But when you work with a travel management company with software such as
CrewFacts App, you are assured that all your travel expenses from flights, lodging, and other expenses are consolidated in one place.
Having your business travel spend in a centralized place makes it possible to generate reports that help the finance team predict future travel spending and create a budget. Therefore, hire
CrewFacilities.com to plan and manage your travel needs and organize your corporate travel spending.
Posted by: andrea_admin
