As 2016 approaches, we wanted to take some time to reflect on the Corporate Travel Management blog topics that resonated the most with our readers in 2015.
As Travel Leadership Consultants, we truly enjoy sharing our knowledge and experience with you and learn so much from your feedback. So we leave you with one question:
What will your biggest wins and challenges be for business travel management in 2016?
Let us know in the comments below. We hope you enjoy this review of our top blogs for 2015:
One of the most common questions that we receive in our requests for proposals (RFPs) is what technologies we use to find the best airfares. I have also found that it’s a mystery to most people how online travel agencies (OTA’s) find the best fares, or where online tools secure data for their fare displays. It can be confusing, and I’d like to answer some questions that show how the best Travel Management Companies (TMCs) use the right technologies to uncover the best schedules and fare opportunities for their customers. Read more here.
The growing use of ground transportation companies like Uber and Lyft are challenging the bureaucracies and taxi commissions with their new processes and ideas. The use of these new technology tools is now motivating associations like the National Limousine Association (NLA) and other ground transportation companies to pick up their game. In today’s fast-paced, app-centric world, this begs the question for those of us involved in the travel industry…how are these new options thought through in your organization, and more importantly, does your travel and expense policy address this change? Read more here.
According to the Global Travel Management Association (GBTA) negotiated discounts, better policy management and more efficient processes lead to the biggest business travel savings. This information comes from a new study where nearly 200 U.S. based travel managers of companies with a global or multi-national presence were surveyed. Results of the survey show that these three key items delivered by a TMC save companies money over the long-term. In fact, using a TMC to manage your travel needs represents a 10-20% savings in your travel and entertainment budget line item. Read more here.
Setting a clear corporate travel policy and enforcing it consistently are two of the most important steps you can take to reduce travel costs. Your travel policy is the engine that drives everything related to your travel management process, and works to balance the needs of your employees, who travel, with the needs of your business. Once the details are clearly stated, communicating this important document to your employees is essential. Read more here.
In 2016 we will continue to share insights to help you reach organizational goals by improving your corporate travel management process. If there are any specific topics you would like us to focus on, please let us know in the comments below.
Be sure to checkout our 2016 Trends in Corporate Travel Management for the SME Marketplace eBook for more information!