Quick reimbursement of travel expenses

The results of the study show that automated processes significantly reduce incorrect claims and speed up travel expense reimbursement. As employees often make advance payments for travel expenses, they have a great interest in being reimbursed for their expenses quickly.

If the accounting is automated, the average processing time for a travel expense report is around one week. If the expense report is processed manually, employees have to wait around half a week longer.

It can often take two to three weeks, especially if the invoices are incorrect. The results of the study show: The higher the degree of automation of the travel expense report, the faster the business traveler gets his expenses back.

The quality of travel expense reports is a key factor influencing the processing time. Incorrect travel expense reports prolong the process. The higher the error rate, the longer the reimbursement takes.

If travel software is available in the company, it records the data before the trip begins and highlights any problems. During invoicing, the bookings only need to be completed and compared with the invoices.

According to the results of the study, only seven percent of invoices in companies with automated processes are rejected, while eleven percent of invoices in companies with manual processes are returned with errors and have to go through the procedure again after correction.