6 Ways Technology Reduces Environmental Impact of Supply Chains

| December 6, 2018

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Global supply chains are growing and becoming more complex as consumer demand increases. This greater need for products, ingredients and raw materials directly translates to increased environmental impact.

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Travel Portland

Here in Portland you’ll find great culture, memorable meals and delicious microbrews and the lack of sales tax makes these experiences just that much better. Whether your suitcase holds hiking boots and binoculars or designer heels and shades, you’ll find plenty of suitable destinations on the streets and trails of Portland. Book the perfect meeting and the affordable accommodations to match with Travel Portland. meetings.travelportland.com

OTHER ARTICLES

What is in for Travel insurance in 2020

Article | February 24, 2020

Why do we travel? For seeking thrill, joy, tranquillity, knowledge, satisfaction, company, solitude, pleasant or off-beat experiences – there are many answers to this question. None of these might be your reason to set off on a trip, while for some it may be all of these and more. While we can always agree to disagree, there is one thing that can be said with utmost certainty: nobody – without exception – hopes for a vacation punctuated with worries, problems, and unpleasant experiences. But the truth remains. No amount of meticulous planning that goes into preparing an itinerary can guarantee a trip that is entirely devoid of risks and worries. Sometimes a problem, or many, may arise due to various factors beyond anybody’s control, be it environmental, geopolitical, or even personal. Unforeseen personal issues notwithstanding, challenges may arise simply because of a combination of not-so-prudent decisions and bad luck.

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Will the travel industry adopt white box AI?

Article | February 17, 2020

I recently attended a Venture Beat webinar entitled: 3 Keys To Moving Toward White-Box, Explainable AI. The panel discussed varying degrees of transparency in respect to understanding the output from artificial intelligence, the worst being a black box where the underlying decision is masked in AI algorithms. So what does this all mean? Of course, in the travel industry, we traditionally have a different term for a “black box”, but in the context of AI, a black box output implies that it may be challenging for the target audience to understand the rational for a given decision. The key here is defining the target audience.

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Data shows severe impact of coronavirus on global hospitality industry

Article | March 26, 2020

Global hospitality data company STR has released hotel industry reports for the week ending March 21 and in nearly all markets, the metrics are continuing to get worse due to the ongoing pandemic of the coronavirus COVID-19. The reports are based on data from 68,000 properties and 9.1 million rooms around the world. Compared to 2019 figures, occupancy is down as much as 96% in Italy to 68% down in China, 67% down in the United Kingdom, 59% down in the United States and 48% down in Singapore. As the first market to deal with the coronavirus, China is also the first to show signs of stabilization. About 87% of the country’s hotels are now open – up from a low of 40% - and occupancy is starting to turn in a positive direction, to just over 20% for the week ending March 21 from a low of 10% in February.

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Top 5 Ways Travel and Expense Management Solutions Can Help Companies

Article | December 23, 2020

A recent study stated that the travel industry faced an estimated $519 billion loss in 2020 due to the pandemic. Some of the challenges that most companies came across are managing travel expenses, maintaining travel and expense process flow, using the right expense management solutions, and more. As the travel industry is getting back in business, it is overcoming challenges sturdily. To simplify travel and expenses process flow, managers need instant and effective travel and expense management solutions to organize travel plans, submit expense reports, and control overspending on their travels. Before you dive into details about solutions that can improve the travel and expenses process flow and logistics of your company, here is a brief about travel and expense management solutions. An Overview: Travel and Expense Management Solutions Travel and expense management solutions are only relevant businesses that need to control the travel-related expenses of their employees. These solutions help you in understating the integrated spend data and deliver a better user experience. Other than this, these solutions can also help with: Making clearer and smarter data-driven decisions Encouraging policy compliance automatically into travel and expense process flow Saving time to collect data from expense reports automatically Simplifying budgeting Forecasting a more accurate data of the spend How Can You Streamline Your Travel and Expense Management Process? Automated travel management software can help your employees and finance team use the travel and expense management solutions for their benefit. But how? Here are the reasons to support: Employees could: Effortlessly manage receipts and submits the details of corporate travel Submit digital travel and expenses report instantly using a centralized travel and expense software Maintain compliance with the existing reimbursement policy for corporate travel and expenses in your company Finance teams could: They can create transparency in corporate spending reports by using travel management software and its automatic function. They can have better control over their travel expenses. 5 Ways Travel and Expense Management Solutions Can Help Companies Travel and expense management solutions give all travel and expense management services easy access to align in one place. By doing this, you will be able to gain more control over services and enforce compliance. Here are five ways your business can effortlessly adopt new travel and expense management solutions and help you win challenges faced during the pandemic. Review the Selected Solutions Before you implement a travel and expense management system, it is vital to review preferred travel and expense management solutions that your business requires. This will help the travel expenses workflow align seamlessly and make employees understand what it takes to manage the entire travel expense scenario accurately. Conduct Surveys If you are going to switch the old travel expenses method and adapting advanced travel and expense management solutions, it is crucial to survey the users who have used the solution and know its performance. This survey will help your employees to know if the chosen travel management software suits your requirements. The next step is to keep an eye on the most frequent and critical users, which will help you to have a clear insight into new trends that are being followed in terms of managing the workflow efficiently. By this, you can also implement it in your company. It also helps identify where your process needs refinement to facilitate efficiency in the expense management system. Prioritize the Must-haves The next step should include the collected input from the survey for setting up the foundation of priority of needs. In this case, creating a checklist is an ideal option. Prioritizing the best travel management software with apt travel and expense management solutions according to your workflow can help you select the right travel expense software for your organization. You can select travel and expense management solutions that consist of: Report building automation Auto fill options Remote access User-friendly interface Helpful support Mobile functionality Quick international payment Introduce Demo Sessions If you use an advanced global travel and expense management system, it is recommended to provide demo sessions of the preferred travel and expense management solutions to your team. The demo sessions could be an opportunity for your team to witness travel and expense management services created from reputable travel management software in action. With this, you can know about a host of details about the implementation of travel expense software, integrations, user training, travel and expense process, and its flow. This contributes towards the successful adoption of a travel expense system and proves the abilities of the travel and expense management solutions selected by you to scale your business as it grows. Choose a Solution Once you have organized multiple demo sessions of various global travel and expense management solutions, it's time to choose the best travel expenses management software that fits your company's culture and requirements. Take a good look at the pros and cons of the final travel expense planner you consider for integrated expense management solutions to combat your existing challenges. Being cautious while choosing the right global travel and expense management solutions will benefit your employees, and they will be able to use it for the company's advantage at a much faster pace. Frequently Asked Questions What you should know about expense management software? Here are some benefits of an expense management software: Ease of access Minimum manual intervention Higher cost savings Faster reimbursements Eco-friendly process (no paperwork) A simple process that simplifies workflow Encourages errorless work and delays Your employees can find the best travel and expense management solutions using various expense travel management software. How to manage travel expenses? There are several travel and expense management solutions to manage travel expenses. Here are some ways in which you can manage your travel expenses: Keep a track of expense details Plan ahead before setting a policy Stay aware of the policies Have an effective approval process of expense Organize spend data Why use an expense management software? An expense management software helps a business ease expense reporting, manage other aspects, and deliver the right travel and expense management solutions. It offers efficient workflow to the finance teams while recording expenses, data, approvals, controlling costs, and more. What are the most crucial features to manage expenses? The most crucial features to manage expenses are: Real-time policy checks The seamless expense reporting process Digital audits Advanced level of data analyses Easy approval process { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "What you should know about expense management software?", "acceptedAnswer": { "@type": "Answer", "text": "Here are some benefits of an expense management software: Ease of access Minimum manual intervention Higher cost savings Faster reimbursements Eco-friendly process (no paperwork) A simple process that simplifies workflow Encourages errorless work and delays Your employees can find the best travel and expense management solutions using various expense travel management software." } },{ "@type": "Question", "name": "How to manage travel expenses?", "acceptedAnswer": { "@type": "Answer", "text": "There are several travel and expense management solutions to manage travel expenses. 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Spotlight

Travel Portland

Here in Portland you’ll find great culture, memorable meals and delicious microbrews and the lack of sales tax makes these experiences just that much better. Whether your suitcase holds hiking boots and binoculars or designer heels and shades, you’ll find plenty of suitable destinations on the streets and trails of Portland. Book the perfect meeting and the affordable accommodations to match with Travel Portland. meetings.travelportland.com

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