Luxury Business Travels on the Trend

A number of regular business travelers seem to have been charging more than ever to their expense reports for air travel. Recent air traffic figures provided by the International Air Transit Association and reported by Buying Business Travel detail how the demand for premium air travel increased throughout 2013. Considering figures from December 2013, the IATA found that premium travel numbers were up 5.5 percent year-over-year.

The report noted that the growth in premium travel reflects overall improvements in the business environment. The news outlet reported that the figures suggest economic confidence is on the rise across both Europe and the United States.

With automated expense reporting technology, many businesses are able to better track their traveling employees spending - and thus, keep the spending to a minimum. However, there are many other ways that business travelers are working to keep their expenses down, even as they indulge in luxuries such as high-class air travel.

For example, a recent UnitedVoice post hosted by Forbes detailed how many business travelers now build their own customized business travel experiences, which may help to explain the increase in luxury travel. The report went onto detail how "gamification" - the process of rewarding travelers with points, loyalty bonuses and more - has become a core strategy among many businesses and travelers.

"Younger travelers are so incredibly comfortable with the concept of gaming that you now have a large traveling portion of the workforce that fully understands the concept of rewards and badges," explained Will Tate, senior vice president of travel management consultancy Management Alternatives. "This might be that bridge. If we work with gamification, we might be able to create a new and different way to combat the personalization and consumerization that [employees] experience when they travel."

The report went on to detail how cutting-edge expense management systems were now allowing travelers to better comply with company travel policies. It was noted that some businesses even offer rewards and incentives to those who follow the policy strictly. Further, it noted that corporate travel experts testify that better compliance in regards to company policy can lower travel costs by up to 20 percent per employee per business trip.

Making the Best for your Business Reporting

Are having the hard time with all the papers that you have in your table? Most of the employee in the office obviously having the trouble when it comes to the reporting process of the company it seems sometimes they can’t produce the reports in the right time as it is needed. Way back for so many years most of the company are managing their reports manually so imagine the hassles that you take in hen making your reports manually and what could be the outcome if you mistake absolutely you will do it again time consuming and messy table is one of the major problem of the employee. On the other hand some of the employee that also comes from the business travel might have the problem because after your business trip your firm will wait for your expenses reports during your trip with the supporting documents namely your receipts but without it you might in the trouble with your report.

Today don’t get so messy with your business report after the trip that you have made with the use of the latest technology in the in the market absolutely it will change the entire business operation that you have especially for those in the travel all the time. With so many business company that are giving the services online when it comes to managing the reports of the company and one of it is Certify.

When employees who use Certify incur a cost, they can quickly take a picture of the receipt on their Smartphone or other mobile device. The image is quickly uploaded into our database, where Certify's management software automatically culls any necessary data from the receipt and creates an expense report entry. All the information related to the expense - along with a picture of the physical receipt itself - is backed up within seconds. Best of all, your employees don't have to do any data entry themselves, and they don't have to save any paper documents.

Think of all the space and time you'll save once your expense reports are allowed to go paperless. Your employees will find that their business trips and assignments run much more smoothly without the need for manual expense reporting. Your accountants, meanwhile, will find that they have more time to focus on more complex financial issues, since they no longer have to crosscheck and analyze each expense report by hand.

Automated expense report technology can improve your business in numerous ways: it can allow you to go paperless, save your employees time, allow you to back up important documents, and much more. You've spent the past years digitizing and protecting all the information in your office - so it's time that you do the same with your expense report process as well.