Corporate Travel Management Companies – Employee Spend Management Neo1 | American Express Global Business Travel

Corporate Travel Management Companies

Employee spend could embody all the cash spent on items and providers your workers purchase for enterprise. Like many issues, it has drastically modified up to now 12 months. The purchases required by a workforce largely working from residence current new challenges. Employee spend classes have shifted to issues that maintain employees productive and engaged from distant workstations. Companies have additionally shifted to prioritize course of effectivity in an effort to save each money and time.

Neo1

No More Room For Lengthy Processes

As an instance, have a look at a typical workplace, akin to a laptop computer. Before the pandemic, the method for buying a brand new laptop computer was simple. It could have merely been an electronic mail request to the workplace supervisor and a supply one week later. Today, issues are extra difficult. The workplace supervisor could solely be out there three days per week, and the native vendor closed. Next, the steps to delivering that laptop computer to the worker could also be proving to be a logistical nightmare. Optimizing a few of these steps will assist cut back the friction and maintain companies working easily so when laptops get broken, companies have to pivot to have the ability to handle the alternative course of extra successfully.

What Needs to Change

  • Companies have to tightly monitor all enterprise bills but additionally successfully provide workers with the issues they should be productive.
  • The sort of products and providers wanted to maintain the enterprise and workers productive are completely different now. Businesses have to put in place completely different ordering, distributors, supply, and sourcing methods, with out shedding observe of spend and accountability.

Neo1 – Fit for Purpose in The New Purchasing World

Neo1 is a free-to-subscribe worker spend administration platform that helps do it multi function place. It consists of all the things from funds requests to approvals, buying through Amazon Business, receipt seize, and reconciliation. And when your workers start touring once more, Neo1 might be there to offer the highly effective backing of American Express Global Business Travel with 24/7 entry to journey counselors to assist get your workers from A to B with confidence. Register for free today and see how it can work for you.

Corporate Travel Management Companies

Employee Spend Management Neo1 | American Express Global Business Travel