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Whether you’re a Traveler, Executive, or Travel Manager, travel expense management comes with its challenges. It’s no secret that the global economy hasn’t exactly been in spectacular condition over the last few years. According to a World Bank January 2024 press release, the end of 2024 will cap off the slowest half-decade of GDP growth inRead more

When business Travelers book out-of-policy, it can result in a variety of negative consequences — which is why it’s oh-so-important that you educate your Travelers on what it means when they do so and why compliance matters.  As a Travel Manager or Arranger, you already know that when a Traveler books outside of the mandatedRead more

Getting employees to follow the rules outlined in your company travel policy is much easier said than done, but that doesn’t make it impossible. Here are seven ways to sell your company travel policy to your employees for more compliant travel that benefits both your company and its talent. 1. Evaluate Your Travel Policy BeforeRead more

Whether you’re a Travel Arranger or Business Traveler, if you’re trying to convince your boss to switch to managed travel, it likely means that you’ve personally seen the downsides of unmanaged travel, and you can recognize the benefits that come with small business travel management. However, if your boss isn’t on the road very much,Read more

If you’re a growing company, you may have arranged your employees’ travel internally up until this point, without feeling the need to invest in managed travel. However, there comes a point in most organizations’ scaling process, at which the company’s business travel just becomes, frankly, unmanageable. Whether it’s employees booking travel at whim, budgets beingRead more

At a small or mid-sized business, travel policy utilization is vital to ensure business needs are met while controlling costs. How can you improve travel policy adoption if this is an area where you’re currently struggling as a Travel Manager? Here are six tips for keeping your teams compliant — and your business travel budgetRead more

As travel makes a comeback at organizations around the world, compliance can be an effective lever for controlling the overall cost of business travel. The cost of business travel plummeted in 2020. Amazon revealed in its third-quarter earnings report that year that the company saved an astonishing $1 billion. The cost of business travel fellRead more

The use of business travel virtual payments remains relatively low, but this form of payment will grow in the future due to its many benefits. Business travel virtual payments are made with credit cards that don’t actually exist. A virtual credit card (VCC) has a number, a card verification value (CVV) and an expiration date,Read more

Set your travelers and your company up for success when you recognize and avoid these common travel policy oversights. Creating an effective and widely adopted travel policy is hard. There’s so much to include and take into account that the task can feel overwhelming. Travel policy oversights can lead to an unnecessary expansion in travelRead more

Travel Managers should establish and closely monitor important key performance indicators. What travel management KPIs are most relevant? Find out in our guide to corporate travel program metrics. Is your travel program thriving or just barely surviving? Without the right travel management KPIs in place, your answer to that question is just an opinion. ButRead more