Creation and enforcement of a written travel policy can prevent practices that cost you money. Do you have parameters on whether your travelers are required to take the lowest available fare, or stay at a certain class of hotel or rent certain types of vehicle? Are you equipped to monitor whether employees are purchasing the most affordable options within your parameters?
ET&P can help with the development and enforcement of a comprehensive travel policy. Our assistance with this very important component of internal control is yet another avenue where the savings achieved in this area alone may outweigh our service fees.