It comes as no surprise that spend on the Travel and Entertainment (T&E) category is significant. With the globalization of business, virtual offices, and an overall rise in traveling employees, this category is increasingly becoming more complex. Given the rising strategic role that procurement is playing within enterprises, it is no surprise that they want a say in the management of this category and to have the opportunity to apply their expertise buying goods and services. This research study, conducted in September and October 2007, explores the strategies and performance capabilities of approximately 370 enterprises and how they purchase, contract, monitor, and manage T&E as a whole.