12 December 2022, etc.venues Monument, London
Business Travel Show Europe, presented by The BTN
21 November, London Hilton Metropole
Recession spurs need for savings
Sales enquiries for hosted travel and expense management systems (EMSs) have shown a "marked increase" in the past six months, IT company KDS said today (April 14).
The Paris-based company said the recession had created a "widespread determination" to cut budgets and expense costs.
It said SaaS (Software as a Service) was also increasing in popularity.
Yves Weisselberger, the company's ceo, said: "We have the wind in our sails because companies are actively seeking cost killers.
"The magic bullets in our case are better control of claims processing, automatic matching of invoices with reservations, and assured policy compliance, all of which result from integrating travel and expense management into a single application."
"The SaaS message has also reached tipping point. More companies now appreciate that hosted solutions save them money on hardware investments and maintenance, while also ensuring that the data they access is updated in real time."
KDS said the enquiries were coming from companies of all sizes, including small specialist companies and one major defence group.