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Cost control and beyond: The CFO's agenda for corporate travel

The latest study from Amadeus reveals exactly where CFOs want travel managers to focus their cost-control energies

As fixed costs rise in line with the current economic crisis,   the possibility of savings will always catch the CFOs attention.

This report examines CFOs' priorities for corporate travel management against a backdrop of technological advances in travel tools, economic uncertainty and environmental concerns.  

This study explores:

  • The CFO's travel agenda: Finance executives believe travel managers can and should do better at managing travel costs, yet the research shows that saving on travel isn't their only concern
  • One view of travel across the business: Finance departments want one view of travel across the business but are hampered by a lack of integration with other systems
  • How to impress the CFO: CFOs seek better relationships with travel and procurement and facilitating this requires travel managers to speak finance's language 

Cost control and beyond confirms that finance departments view travel management primarily through a cost-control lens and that some CFOs do indeed look beyond cost when making travel decisions relating to the adoption of newer travel tools, productivity considerations and the green agenda.

This new White Paper is the joint work of CFO Europe Research Services and Amadeus. Its findings are based on the results of an online survey of more than 120 senior finance executives in Europe, Asia and the US and on in-depth interviews conducted with executives at a range of companies.         

Click here to download your free copy!