As 2020 rapidly approaches, TCG recently launched our ‘3 Methods in 3 Months’ series to help you address program maturity and expand and optimize an integrated travel, meetings, payment and expense (TMPE) program. 

Method 1:  Uncovering and Controlling Hidden Total Costs of Ownership (TCO) Across Your Organization

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Program Managers are also empowered to uncover—and control—hidden costs that lie outside the expense report (GL) and impact bottom line margins. These costs can be embedded in disparate budgets across the organization and are often found in the following:

  • Organization Design
  • Reconciliation Process
  • Approvals and Workflows
  • Agency and Related Fees
  • Supplier Management
  • Supplier Compliance
  • Technology
  • Treasury
  • Audit
  • Program Management
  • Reimbursement
  • And More…

Method 2: Addressing Program Maturity

If you’re among the 84% who have reported that their program is now mature (and thus delivering diminishing returns and stagnant innovation), you’re probably already thinking, “what do I next?”  Where does your program rank? Should you be considering a TCO-TMPE® (Total Cost of Ownership for Travel, Meetings, Payment and Expense) solution as part of your roadmap to address program maturity? See our infographic to identify at which stage your program resides. 

Download Infographic

Stay tuned for Method 3 in December!