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You've probably found that Travel and Expense purchases are sometimes not scrutinized as carefully as others. For many organizations, that's meant high costs, lots of maverick spending, poor visibility, and frequent complaints about slow reimbursement.This spending activity cries out for a solution that can deliver the savings and efficiencies that are demanded of procurement departments across every organization today.
Ariba Travel and Expense is that solution.
Delivered through the Ariba Commerce Cloud, it's the first truly integrated solution for managing travel costs. It lets you combine travel with other spend categories and use a single system for managing everything from sourcing and procurement to invoicing, expense reimbursement, and analysis. By controlling this spend category in a more integrated, comprehensive way, you can finally rein in maverick spending to reduce costs, improve compliance, and speed reimbursement time.
Combining Technology and Best Practices
Ariba Travel and Expense helps you integrate travel purchases with the rest of your procurement processes so that they can be effectively tracked and managed. You can now manage travel and expense procurement using a single interface - the same interface you use to manage all other spend categories. Now you can:
Drive compliance with corporate travel policies
Increase accuracy of expense data
Strengthen your ability to negotiate favorable rates
Update employee processes for purchasing travel and booking lodging
Improve audit and regulatory reporting processes
Manage supplier relationships better
Perform more detailed travel commodity reporting
Automate and manage the travel authorization process
Facilitate total reconciliation for end users and card managers in all spend categories
Impressive Results
Using Ariba Travel and Expense to follow best practices, corporate managers can move beyond managing routine transactions and engage in strategic activities that improve results, like evaluating new global and domestic sources of supply, managing existing relationships, negotiating optimal contracts, and analyzing spend at granular levels to drive better business decisions and bottom-line improvements.
Best of all, Ariba Travel and Expense is delivered through the Ariba Commerce Cloud, a web-based platform that contains everything you need for more collaborative commerce. That means you can seamlessly integrate your T&E solution with a complete commerce management suite, including solutions for spend visibility, sourcing, contract management, procure-to-pay, supplier management, and more. Learn More.
