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How 7-Eleven uses the Web to control T&E costs. (Technology).(Brief Article)

Executive's Tax & Management Report

| May 07, 2003 | COPYRIGHT 2003 CCH, Inc. (Hide copyright information)Copyright

7-Eleven, Inc., the convenience store operator with over 2,000 U.S. employees, wanted to transform its T&E corporate payment process. "We needed to gain T&E reporting functionality that would give us the ability to track how we're spending, and with what suppliers," says Wilson Silva, manager-disbursements, 7-Eleven, Inc.

The company envisioned a system that would provide them with more efficient processing as well as control over corporate purchasing card payments, use of suppliers, and T&E policies. "Our goal was to put a mechanism in place for policy control, so we would speed reimbursement to our corporate card provider and employees, gain detailed information on …

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