June 11, 2025 - 11:02
In a significant shift within corporate travel management, finance departments are now taking the reins of business travel programs, a responsibility that was traditionally held by procurement or travel departments. This change reflects a growing recognition of the financial implications of travel decisions and the need for tighter budget controls.
As companies navigate the complexities of travel expenses, finance teams are leveraging data analytics to optimize travel spending and improve overall efficiency. By analyzing spending patterns and forecasting future travel needs, finance professionals are better equipped to make informed decisions that align with corporate financial goals.
This transition also highlights the importance of collaboration between finance and travel departments. With finance leading the charge, organizations are focusing on cost-effectiveness while ensuring that employees have the necessary support for their travel needs. As a result, companies are not only enhancing their travel programs but also reinforcing their financial health in an increasingly competitive business landscape.
July 29, 2025 - 10:05
Examining the Performance of Key Players in Equipment Finance and Shifting Lending Practices in 2025Recent developments in the equipment finance sector have seen notable adjustments from key players, including Midland and Banc of Cal. Both institutions have significantly reduced their equipment...
July 28, 2025 - 18:48
Market Anticipates Delay in US-China Tariffs Amid NegotiationsAs US and Chinese trade negotiators convene this week, the market is eagerly watching for signs that the recent easing of tensions between the two economic giants will lead to an extension of the...
July 28, 2025 - 05:14
Financial Insights and Future Plans for MarbleheadMARBLEHEAD — In a recent retreat held by the Select Board, Chief Financial Officer Aleesha N. Benjamin delivered an in-depth financial update that highlighted both past challenges and future...
July 27, 2025 - 17:56
Waste Connections, Inc. Sees Positive Movement After Second-Quarter ReportInvestors in Waste Connections, Inc. experienced a favorable week, with shares increasing by 2.4% to close at $187. This uptick follows the company`s recent second-quarter financial report, which...