Companies are gradually bringing employees back to the office, leading to an increase in face-to-face meetings and customer visits
Dec 18, 2024
By 2024, AI will have transformed travel and expense (T&E) management with advancements such as predictive analytics, streamlining processes, and driving industry changes, including travel management company (TMC) consolidation.
Key takeaways
- As companies plan for 2025, executives are looking to maintain 2024 spending levels and take advantage of slowing inflation to stretch T&E budgets. AI-driven automation will reshape policies, challenging the need for manual expense approvals and simplifying tools to save travelers time;
- Investments in technology and security will be critical as companies balance innovation with growing privacy and security risks, seeking solutions that deliver value while minimizing vulnerabilities.
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