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The Hidden Costs of Travel Receipts, Even As Microsoft Dynamics AX Improves Expense Handling

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Travel & Expense Management (TEM) solutions provide employees with features that automate pre-travel approvals, travel booking, submission of expenses and reimbursement. Companies also benefit from TEM solutions by gaining better management of their expenditures, as well as enhancing their ability to comply with industry and governmental regulations such as the Sarbanes-Oxley Act of 2002 (SOX).

 

Figure 1 - Usage of AutomationYou may be surprised to learn that there is an entire industry devoted to TEM solutions. PayStream Advisors, a research and consulting firm that assesses technology in…

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