6 Best Practices for Corporate Travel Compliance

Compliance with your corporate travel policy is important for reducing the overall cost of business travel at your organization and ensuring the safety of employees that travel on your behalf. Corporations that publish a corporate travel policy with the goal of standardizing travel and controlling costs may still incur undue costs because of non-compliance with the policy, which can often leave the company on the hook for over-priced bookings and extra fees.

As you publish your corporate travel policy, it's important to start considering how you will communicate the policy to employees and how you will promote and enforce compliance. Here are six best practices you can adopt for corporate travel compliance.

How to Write a Corporate Travel Policy in 2019

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 Challenges in 2019

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?

How to Book Corporate Travel in 2019

Wondering how to book corporate travel in 2019?

Travel managers are facing three critical challenges when it comes to booking corporate travel in 2019:

  1. Keeping travel costs down as much as possible

  2. Ensuring that employees have the tools, resources and funds they need to succeed while they’re on the road

  3. Reducing the administrative burden of corporate travel and ensuring that systems scale efficiently 

How you can Move from Travel Booking Frustrations to a Seamless Travel Program

“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.