A corporate travel policy is a document that establishes guidelines and procedures for every aspect of corporate travel within your organization. From submitting a travel request, to booking flights and hotels, through to submitting expense reports for meals and entertainment, a corporate travel policy provides an accountable and consistent standard for controlling costs while employees are traveling on company business.
Travel expense management is the most common reason why organizations establish corporate travel policies, hire a travel manager and implement an enterprise travel booking solution. These are just a few of the tools and resources necessary for organizations to effectively meet the challenges associated with travel expense management.
But, what are the biggest travel expense management challenges that these corporations are facing? What's making them act now to drive down costs and increase the efficiency of their travel spending?
Wondering how to book corporate travel in 2019?
Travel managers are facing three critical challenges when it comes to booking corporate travel in 2019:
Keeping travel costs down as much as possible
Ensuring that employees have the tools, resources and funds they need to succeed while they’re on the road
Reducing the administrative burden of corporate travel and ensuring that systems scale efficiently
“It’s not enough for companies to offer online booking tools – they need to make sure employees know how to use them, and do a better job at keeping up with the digital trends.” – Isaac Carey, Skift.com Article
A recent Association of Corporate Travel Executives and American Express Global Business Travel report showcases the top reasons corporate travelers shy away from using online booking platforms - even though 81% of companies mandate they to do so.
It all comes down to bad user experience.
By: Mark Dauner, Travel and Transport, Inc.
Today's corporate online booking tools offer business travelers power, personalization and convenience that couldn't have been imagined just a few years ago. Corporate self-booking tools like Deem offer the tools and resources that travelers have become accustomed to in the leisure travel space, balanced with added features that travel management programs require. Your corporate travel management company (TMC) should play a major role in taking your online booking program to the next level.