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MasterCard's New T&E Expense System Boosts Productivity 118%; Cuts Reporting Costs 51%, Projects Savings of $2.8 Million

Overview When it came to processing the company's own travel and entertainment (T&E) transactions, MasterCard saw room for improvement. With its extensive transaction-processing experience, MasterCard knew it could improve the process by combining an online T&E expense management solution with the MasterCard Corporate Card, thus ensuring greater productivity and efficiency. In 2003, MasterCard deployed Oracle Internet Expenses, an Oracle E-Business Suite application for T&E reporting and approval. According to study by independent consultant Mainstay Partners, MasterCard has seen a range of efficiency gains since implementing the system, including a 118% rise in labor productivity at its processing centers, a 51% reduction in T&E reporting costs, and 43% fewer IT issues related to the reports.

Further White Paper Details
Publisher	Oracle	File Format	PDF
Date Published	August 2005	Downloads	7
Format	Case Studies
Topics	ROI - TCO

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MasterCard's New T&E Expense System Boosts Productivity 118%; Cuts Reporting Costs 51%, Projects Savings of $2.8 Million

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