According to CFO Dive, 71% of CFOs say that managing T&E absorbs too much of the finance teams’ time and attention.  TravelBank CFO Lloyd Hsieh discusses the most tedious and inefficient projects he oversees as a CFO, and how automation can help.

According to CFO Dive, 71% of CFOs say that managing T&E absorbs too much of the finance teams’ time and attention. TravelBank CFO Lloyd Hsieh discusses the most tedious and inefficient projects he oversees as a CFO, and how automation can help.

According to CFO Dive, 71% of CFOs say that managing T&amp;E absorbs too much of the finance teams’ time and attention.&nbsp; TravelBank CFO Lloyd Hsieh discusses the most tedious and inefficient projects he oversees as a CFO, and how automation can help.

Ask a CFO: What are the finance team’s most tedious and inefficient projects?

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: What are the finance team’s most tedious and inefficient projects?

Ask a CFO: What are the finance team’s most tedious and inefficient projects?