Aberdeen Report: Managing Unique T&E Demands in the Financial Services Industry While Investing in Employees

This Aberdeen Report highlights unique T&E challenges and demands that Financial Services organizations with regulatory requirements, retaining and recruiting young talent and moving to a more technology-focused solution. The financial services industry is faced with unique challenges that demand attention in governing their travel and expense (T&E) management processes. Heavy regulatory requirements, along with security, risk management, and staffing shortcomings are some of the key focal points that need to be addressed. Due to staffing challenges in the financial services sector, there is also the need to have a traveler-friendly solution, that is mobile-enabled, so the company can convey a positive message about the use of the latest technologies. This report identifies the key capabilities leaders are leveraging to achieve superior performance.