Corporate travel booking is a fundamental aspect of corporate travel management and requires strategic planning to ensure your business travellers have an efficient and safe journey. However, navigating all the intricacies of corporate travel can be a daunting task and you may feel unsure where to start.
This article contains corporate travel management essentials to help you navigate your company’s business travel. As well as help you make the right decisions for your corporate travel booking process.
Corporate travel management is no easy task and ensuring all aspects of a business trip are thoroughly planned and organised takes considerable time. Corporate travel agencies have industry experts that can make the corporate travel booking process more simple and effective.
What is Corporate Travel?
Corporate travel, also known as business travel, refers to any travel that is intended for work or business purposes. These purposes may include conferences, client meetings, visiting other offices, training and more.
What is Corporate Travel Management?
Corporate travel management involves the strategic handling of travel by a company. It includes planning, organising and managing employee travel. The primary aim of corporate travel management is to ensure employees’ journeys are safe and efficient while adhering to the company’s travel policy.
How Do Most Companies Handle Their Corporate Travel?
There are various ways to handle your corporate travels and factors like the company’s size, resources, travel requirements and travel volume are all things that should be considered when deciding which approach is best for your company.
Common approaches to managing Corporate Travel include:
–Booking Websites: This allows employees to book airfare, accommodation, car rentals etc via an online booking tool. Employees make their own bookings and then submit receipts to the company for reimbursement.
–Travel Agencies: These travel agencies assist with booking flights, accommodation and other travel services.
–Travel Management Companies: All aspects of travel management are outsourced to a travel management company (TMC) that specialises in corporate travel. TMCs offer various services that help ensure business travel is efficient and cost-effective.
Why should businesses use Corporate Travel Management Agencies?
Using a TMC also known as a corporate travel agency has many benefits for a company, let’s look at the top three:
–Time-Saving: Planning and organising a business trip can take a lot of valuable time. A corporate travel agency will handle all the various tasks of business travel for you, so you have time to focus on other important things in your company.
–Reduce Travel costs: One of the biggest benefits of using a corporate travel agency is reduced travel costs. Through their industry expertise, they can save you money on accommodation, airline tickets, insurance and more. Their experience will ensure you receive the best possible rates for your business travel.
–Efficiency: Corporate Travel agents ensure all business travellers are safe throughout their journey while adhering to the company’s travel policy.
If you are looking for more benefits of corporate travel agencies then read this article:
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