BMO Spend & Payment Solutions: 3 Strategies to Demystify Travel Data

DENVER, COLORADO — (Marketwire) — 08/23/11 — GBTA ANNUAL CONVENTION – The pace of business travel is expected to continue its steady increase with the amount of data overwhelming travel managers. , a division of BMO Financial Group (NYSE: BMO)(TSX: BMO), offers corporate travel managers three best practices for getting the most out of data on travel spend, to help more effectively manage expenses:

Terry Wellesley, Executive Managing Director, BMO Spend & Payment Solutions, commented, “You can only control expenses you can see. To gain better spend visibility, a comprehensive approach to looking at travel expenses is needed. By combining a widely accepted corporate card with a powerful travel dashboard, valuable insight that benefits the bottom line can be available instantly.”

About BMO Spend & Payment Solutions

A division of BMO Financial Group, BMO Spend & Payment Solutions is a leading commercial card and payment solutions provider in North America. BMO Spend & Payment Solutions- products are widely used by corporations, non-profit and government-sector organizations to manage, control and gain better visibility into their commercial spending and payments. For more information, visit .

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $413 billion as of April 30, 2011, and more than 45,000 employees as of July 6, 2011, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.

Contacts:
For news media inquiries:
BMO Financial Group:
Ralph Marranca
(416) 867-3996

Corporate Ink:
Dan Carlson
(617) 969-9192

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