5 Considerations For Your Global TEM Search
Summary
Irrespective of whether you are new to your expense management role or have simply been tasked with expanding the scope of your current TEM duties to include global expenditures outside the U.S. and Canada, you will want to think through the following five areas closely. Being careful when being sold by TEM providers that assert global expense management capabilities is especially important. Or do they utilize partners, which is more likely the case This is a difficult hurdle to overcome in terms of global TEM capabilities, especially when dealing with countries beyond the mainstream in Europe that are also likely fluent in English (e.g., Germany, Sweden, Norway, the UK, France, Spain, et cetera.). Can they provide an example or two of how they would effectively run an invoice through the entire TEM process from the foreign country(s) back to your expense management headquarters, within the U.S.? When you have countries within your TEM project’s scope that may have time zone differences of 10 hours or beyond (e.g., India, Australia), things get tricky and difficult to manage.
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