Charting a new course in 2021 for employee expense management

Before COVID-19, employee discretionary spend was often the second largest operating expense after wages for many organisations.

That spending declined dramatically last year, as lockdowns ensured there was no spending on hotel rooms, airfares or meals, as business travel and client entertaining were put on hold. 

Instead, many organisations moved quickly to update their expense policies to help employees cover the cost of things like setting up their home workstations.

The corporate expense landscape in 2021 has changed for nearly all organisations. 

Read more of Matt Goss’, managing director, SAP Concur Australia and New Zealand thoughts on tracking and monitoring spend in INTHEBLACK