Expense reports explosion
BYOD smartphones were supposed to save companies boatloads of money, because they no longer had to pay for company-issued BlackBerrys. But cost savings have been derailed by hidden costs. One of the worst offenders: processing BYOD expense reports.
Last year, Aberdeen Group came out with a scathing report that mobile BYOD costs about 33 percent more than a company-owned mobile device approach. BYOD stipends will ultimately lead to more expense reports, says Aberdeen, and a single expense report costs about $18 to process.