Rising expenses can be controlled by technology

During an economic slowdown, HR managers are turning to technology to help keep the CEO happy
|hrreporter.com|Last Updated: 04/08/2003

Significant increases in business expenses are forcing Canadian companies to look to new technology to keep costs under control, according to a recent poll conducted by Amex Canada Inc.

According to Amex, Canadian businesses spend $60 billion each year on business expenses, including travel, corporate entertainment, temporary help, office supplies and equipment. Travel expenses alone have increased in 45 per cent of companies surveyed since the beginning of the year.

To ensure expenses are kept to a minimum, companies are planning to turn to technology.