SAP Concur's business travel trends for 2025
Companies are gradually bringing employees back to the office, leading to an increase in face-to-face meetings and customer visits
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.
Get the full story at SAP Concur