Managing a corporate travel program for yourself is not easy. It is a full-time and laborious job if you need to do it on spreadsheets, email threads, and Slack messages.
Using tools not designed to manage modern, often complex business trips is expensive, time-consuming, and could result in costly mistakes. You will have no instant overarching view and insights into how efficiently your travel budget is being spent or saving opportunities.
There are many benefits to using a proper corporate travel management company (TMC) to streamline your travel management processes. These benefits include, but are not limited to:
- Centralized management of corporate travel with self-booking engines so your employees can make their own travel arrangements.
- Centralized travel data and suggestions on how you can optimize your business travel plans.
- Centralized invoicing so you do not have to collect, collate, and reconcile invoices from all the different parties involved.
So how would you know if a TMC offers the modern benefits you require to manage all aspects of my company’s business travel? Let’s look at what makes a great TMC and what is on offer for you in New York.
What makes a travel management company better?
When you start to look for a travel management company, you will need to make sure that it can handle the complexities of your travel needs. Otherwise, you might as well keep on doing it yourself.
Here is a list of the key features you need to consider when comparing your options. You need a company that will keep your business travelers safe and deliver on your requirements while saving you money.
The more of the nine features below that you can tick for your prospective travel management company, the more robust they are as a contender. In this case, more also means better, and less is not more.
- Many travel and accommodation options: providing you with access to a wide range of travel and accommodation offers so you can compare prices, dates, and offers.
- Flexibility in bookings: allowing you to make last-minute changes to travel dates or cancellations for free or at a small cost.
- Centralized invoice collection: offering you a single monthly vendor invoice instead of you needing to collect and collate invoices from various companies. This is an impressive time saver.
- Workflows: offering built-in approval workflows that can be customized to each business traveler. No need for you to run around getting…
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