My own travels last week offer validation from the trenches that Amex’s predictions for travel curbs will come to fruition. Travel restrictions were a hot topic at the Sourcing Interests Group (SIG) Conference last week. No less than five procurement execs said their companies had implement restrictions for all but sales related travel. (Only two [...]

[Read more →]

Purchasing.com reported this week that American Express expects businesses to cut travel & entertainment (T&E) expenses in an attempt to contain costs in 2009. With the current state of affairs in the economy, it’s no shock to see companies looking for ways to cut back. And with significant spending on the T&E category, it’s certainly [...]

[Read more →]