Travel Expense Management is the process of managing, tracking and controlling the costs associated with business travel. It involves keeping track of all the expenses related to a business trip, such as airline tickets, hotel rooms, meals, ground transportation and other applicable costs. By effectively managing these costs, businesses can ensure that they maintain fiscal responsibility while also providing their employees with the resources they need to do their jobs efficiently and effectively. Travel Expense Management helps companies maximize their investments in employee travel while minimizing unnecessary spending.