<p><strong>According to the Global Business Travel Association, companies spend, on average, 3,000 hours/year of overhead just within the finance and admin teams fixing wonky or mis-submitted expense reports. TravelBank CFO Lloyd Hsieh provides his best advice for operating with a lean finance team.</strong></p>

According to the Global Business Travel Association, companies spend, on average, 3,000 hours/year of overhead just within the finance and admin teams fixing wonky or mis-submitted expense reports. TravelBank CFO Lloyd Hsieh provides his best advice for operating with a lean finance team.

Ask a CFO: My best advice for operating a lean finance team

Travel, payments, and expenses are often a company’s second largest expense. Yes, it feels like everyone's working from home, but there are more business travelers than ever, and expense report volumes have doubled since 2019. And companies spend, on average, 3,000 hours each year just correcting errors in expense reports. There has to be a simpler way. In this series, we're talking with finance teams and leaders about how they're automating more of their T&amp;E reporting, saving their company money, and gaining control. Welcome to TravelBank Business Class.

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Travel, payments, and expenses are often a company’s second largest expense. Yes, it feels like everyone's working from home, but there are more business travelers than ever, and expense report volumes have doubled since 2019. And companies spend, on average, 3,000 hours each year just correcting errors in expense reports. There has to be a simpler way. In this series, we're talking with finance teams and leaders about how they're automating more of their T&E reporting, saving their company money, and gaining control. Welcome to TravelBank Business Class.

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Ask a CFO: My best advice for operating a lean finance team

Ask a CFO: My best advice for operating a lean finance team