For more information on where companies spend their money and how to do so more efficiently, check out Concur’s Expense IQ Report. LEarn more at https://www.concur.com/FixIt

2. In fact, compared to larger businesses, traveling small business
professionals actually spend more over a given time period than
their larger counterparts. One reason is that travelers at smaller
companies tend to travel more frequently—having to cover more
territory as a smaller staff. They also spend more on non-travel
related items due to less sophisticated purchasing and requisitioning
systems. Together, these expenses can add up to a significant
savings opportunity for businesses that improve their travel and
entertainment (T&E) processes.
Following, we compare the quarterly spend amounts by an average traveler at a
small and a large company
Small businesses
travel big.
Small businesses
spend almost 24%
more on the road.

3. Small Business Large Business
T & E Quarterly Spend per Filer
(Traveler), 2012
T & E Quarterly Spend per Filer
(Traveler), 2012
Airfare
Small Business
Large Business
On average, small business travelers
buy almost 37% more airline tickets per
quarter than large business travelers.

4. Small Business Large Business
T & E Quarterly Spend per Filer
(Traveler), 2012
T & E Quarterly Spend per Filer
(Traveler), 2012
Lodging
Small Business
Large Business

5. Small Business Large Business
T & E Quarterly Spend per Filer
(Traveler), 2012
T & E Quarterly Spend per Filer
(Traveler), 2012
Dining
Small business travelers eat out
almost 10 times per quarter.
While large business travellers only
eat out 7.7 times per quarter.
Small Business
Large Business

6. Small Business Large Business
T & E Quarterly Spend per Filer
(Traveler), 2012
T & E Quarterly Spend per Filer
(Traveler), 2012
Small Business
Large Business
Ground Transportation

7. Small Business Large Business
T & E Quarterly Spend per Filer
(Traveler), 2012
T & E Quarterly Spend per Filer
(Traveler), 2012
Small Business
Large Business
Car Rental

8. Source: Concur.com
In 2012, Concur clients spent more than $50 billion on T&E, which is the second-
largest controllable cost for most companies, making it a key focus area when
trying to improve the bottom line. With insight into where companies are spending
their T&E dollars, businesses can make informed decisions about their spending
while also being able to evaluate providers, confer with peers and negotiate better
prices. For more information on where companies spend their money and how to
do so more efficiently, check out Concur’s Expense IQ Report.
Over
where did it all go?
$
50billion–