Travel and Expense Management, Simplified
Travel and Expense Management (TEM) costs organizations time and money. On average, a company spends $58 to process a single expense report, and larger companies will spend nearly double that. Moreover, 19% of expense reports contain errors or missing information costing an additional $58 and 18 minutes to correct each expense report. Expense reports are costly to employers, and just plain bothersome to employees.
Level48 was born out of this frustration, as we recognized how much time and money was spent to complete expense reports using existing, ineffective solutions.