Nearly 40% of respondents would rather eat a worm than file daily expense reports
NEW YORK, Jan. 31, 2023 /PRNewswire/ — New research from item-level receipt data network, Banyan, shows that business travelers find the expense reporting process bothersome, time-consuming, and error-prone – so much so that they’d go to extreme lengths to avoid it.
Over half (55%) of surveyed business travelers cited the time burden of expense management as their top pain point with the process. The time burden is evident – nearly 6 out of 10 business travelers spend 20 minutes or more organizing materials to
Jensen Investment Management Inc. reduced its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR – Get Rating) by 1.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,717,678 shares of the business services provider’s stock after selling 18,980 shares during the quarter. Broadridge Financial Solutions makes up approximately 2.2% of Jensen Investment Management Inc.’s investment portfolio, making the stock its 23rd largest position. Jensen Investment Management Inc. owned approximately 1.46% of Broadridge Financial Solutions worth $247,895,000 as of its most recent filing with the Securities and Exchange Commission. 
Martin Investment Management LLC trimmed its position in Verisk Analytics, Inc. (NASDAQ:VRSK – Get Rating) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,445 shares of the business services provider’s stock after selling 757 shares during the quarter. Verisk Analytics makes up 2.5% of Martin Investment Management LLC’s portfolio, making the stock its 17th biggest position. Martin Investment Management LLC’s holdings in Verisk Analytics were worth $7,238,000 at the end of the most recent reporting period. 
Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in Republic Services, Inc. (NYSE:RSG – Get Rating) by 4.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 136,906 shares of the business services provider’s stock after purchasing an additional 5,671 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Republic Services were worth $18,625,000 at the end of the most recent reporting period. 
Robeco Institutional Asset Management B.V. purchased a new position in Barrett Business Services, Inc. (NASDAQ:BBSI – Get Rating) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,017 shares of the business services provider’s stock, valued at approximately $235,000. 
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