Travel and business
Travel and business are inseparable entities. Business travel is the journey undertaken for the purpose of business. Locomotion has become quite a common phenomenon in business nowadays. Business travels comprise various purposes and tasks, differing from industry to industry.
General purposes of business travels
Below is a list of general purposes of business travels:
- Visiting customers and suppliers
- Company meetings at different locations
- Representing the company in conferences or exhibitions
- Marketing and sales promotion
- Meeting and building new partnerships
Travel reimbursements
Travel reimbursements involve the amount paid to employees for business travel expenses. These reimbursements are usually paid separately in cash upon submission of accurate bills and proofs. However, there are challenges associated with travel claims and reimbursements, including receipt management, approval hierarchy, time-consuming processes, payroll independence, lack of visibility, and false claims.
From India, Bengaluru
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2Travel and business are inseparable entities. Business travel is the journey undertaken for the purpose of business. Locomotion has become quite a common phenomenon in business nowadays. Business travels comprise various purposes and tasks, differing from industry to industry.
General purposes of business travels
Below is a list of general purposes of business travels:
- Visiting customers and suppliers
- Company meetings at different locations
- Representing the company in conferences or exhibitions
- Marketing and sales promotion
- Meeting and building new partnerships
Travel reimbursements
Travel reimbursements involve the amount paid to employees for business travel expenses. These reimbursements are usually paid separately in cash upon submission of accurate bills and proofs. However, there are challenges associated with travel claims and reimbursements, including receipt management, approval hierarchy, time-consuming processes, payroll independence, lack of visibility, and false claims.
From India, Bengaluru
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Expense and Travel Reimbursement-I SG.doc
Tangent HR Solutions.ppt