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Transformational economic events over the past two decades have led to an unprecedented level of reform in corporate governance. Beginning with the landmark 2002 Cadbury Code of Practice adopted by the London Stock Exchange through to the recent Sarbanes-Oxley Act, there has been a mounting global pressure for corporations to provide more accurate financial reporting, have increased and timely visibility across all major expense items, and for all corporate decision makers to be accountable for responsible business practices.

Ground Transport is usually the fourth largest controllable Travel & Entertainment expense category, with many large Australian companies spending 7% of the total T&E budget on ground transport (Source: American Express Survey of Corporate Travel Management, Australia 2006). Yet it remains the category to have least visibility in terms of enhanced descriptive data provided by an independent source. Corporations rely heavily on manual descriptions provided by travellers to understand why expense is incurred in this category. In addition, the data is usually fragmented and available in various silos within the IT infrastructure and therefore very difficult to aggregate and analyse.

Cars on Demand has a number of products that can significantly increase management ability to track, measure and analyse this expense category. Please click on the links in the left side bar to see a more comprehensive outline of each product and service. Please contact us if you would like to discuss any of these further.