Five Takeaways From the Big Travel and Expense Policy Overhaul: Mastercard
Friday, August 9, 2024
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Posted by: Sierra Lindemann
A recent Mastercard survey of 265 corporate travel decision-makers and 151 business travelers reveals that 47% of companies are tightening their travel and expense (T&E) policies to control costs, while 36% are aligning policies with remote work and cultural
shifts. The survey also highlights a growing focus on sustainability, with 61% of companies encouraging eco-friendly travel choices and some even implementing a "sustainability tax" on bookings.