Business travel expenses can really add up quickly. In a 2015 study, PayStream Advisors reported that 63% of companies surveyed spent more than $100,000 annually on travel and expense costs. There is a critical balance between keeping employees happy on the road and protecting your bottom line. Keeping in mind that travel expenses include everything from meals and lodging, special events, and airline tickets, to gas and taxis, take a look at these tips to save money on your employees’ business travel.
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