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