What is t&e?

T&E, or Travel and Expense, is a process in which companies manage and track employee travel and expenses for business purposes. This includes activities such as booking flights, hotels, rental cars, submitting reimbursement requests, and tracking expenses incurred during business trips.

T&E management is often handled using software solutions that streamline the expense reporting process, ensure compliance with company policies, and provide insights into travel spend and trends. These tools can help companies save money by identifying opportunities for cost savings and reducing fraud and misuse of funds.

Overall, effective T&E management is crucial for any organization with employees who frequently travel for business, as it helps to control costs, increase transparency, and improve compliance with company policies and regulations.