The MacNair Travel Leadership Blog

BTN’s Small/Midsize Enterprise Travel Management Report: Survey Recap

Posted by Mike MacNair on Aug 30, 2016 12:00:00 PM

As a Travel Management Company (TMC), we look for valuable information to share with our current and future customers that will help identify the key components of a successful travel management program. We do this while connecting the dots with corporate travel policies and benchmarking data that will ultimately lead our partners’ to success.

Recently, Business Travel News’ (BTN) released their annual Small & Midsize Enterprise Travel Management Report. The report examined travel programs with up to $12 million in annual United States-originating air volume, which equated to approximately $1 million to $24 million in total business travel volume. It also accounted for hotel, car, meals and other ancillary travel spend. In the report, BTN shared that Travel Managers have six primary focuses:

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Topics: T&E, travel policy, risk management, technology

5 Considerations for Corporate Travel Expense Programs

Posted by Mike MacNair on Jun 23, 2016 12:00:00 PM

If you’re like many organizations with automated expense reporting, you are well aware of the advantages of improved visibility into travel expenses. Automated expense solutions not only provide insight, but also save valuable time for your travelers and finance team. No more keeping up with paper receipts!

Now you may be ready to expand on your existing solution. After all, how do you leverage all that data to move the needle and increase your ROI even more? As you contemplate next steps, take these five symbiotic considerations as starting points.

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Topics: technology, TMc, Travel Management Company

Travel Management Software: The Key to Travel Program Optimization

Posted by Mike MacNair on Apr 26, 2016 12:00:00 PM

Travel Management Software: The Key to Travel Program OptimizationAccording to market research firm Ruigrok | NetPanel, the estimated cost of unclaimed expenses every year by U.S. employees could be as much as $9.7 billion. Much of that is due to missed reimbursement deadlines and lost receipts. To be exact, the researchers found that in the U.S., American workers average a loss of $390/year apiece due to business travel for their employer.

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Topics: Travel Management, technology, TMc

Upgrade Your Managed Travel Program- Core Technology & Data Reporting

Posted by Mike MacNair on Apr 19, 2016 12:00:00 PM

If you manage your company’s travel program, it pays to make it as efficient as possible. After all, it’s not easy balancing cost savings with travel compliance and keeping your employees happy. You need good data reporting and the ability to take advantage of core technology to truly streamline the process.

For example, some core technology offers traveler profile tools to save preferences which helps make booking more efficient. Online booking tools like Concur and GetThere can customize your options like suppliers, discounts, and thresholds which means they can even enforce your travel policy when well-integrated with the right technology.

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Topics: technology

6 Technology Must-Haves for the Finance Executive

Posted by Mike MacNair on Jan 28, 2016 12:00:00 PM

Technology is constantly evolving and sometimes it can be hard to keep up. However, new innovations improve your businesses operations and efficiently allow employees to focus on strategic priorities instead of the management of ongoing business functions.

What are the must-have technologies for finance executives? First, identify the challenges your organization is facing, the desired outcome and then identify a solution that will best benefit your business, allowing you to spend less time on process, and more time on increasing profits or reducing expenses. Below, we’ve gathered our top six technology picks.
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Topics: technology, Finance Executive, CFO

Maximizing the Use of an Itinerary Management App

Posted by Mike MacNair on Nov 13, 2015 7:30:00 AM

New technology is all around us – in our vehicles, our homes and especially through our smartphones and tablets. A quick Google search finds that in 2014, more than 128,000 new business apps were released in the iOS app store (appfigures). It’s incredible and great news for those in the travel industry. At MacNair Travel Management, we pride ourselves in using the latest tools, technology and people, to help our clients balance the needs of the traveler and of the business, ensuring costs are minimized and performance is optimized. As new travel apps become available, we assess and check their usability and then pass along the most efficient and user-friendly options to our customers.

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Topics: technology, business travel, Corporate Travel

My iPhone = Secret Weapon. How Do You Address Communications in Your Travel Policy?

Posted by Mike MacNair on May 1, 2014 3:12:00 PM

While on my trek to Everest base camp in Nepal my phone was my secret weapon. It was the single most important device that I had with me and I used it often. In thinking about this critical business travel tool, I wondered how companies should direct and advise their road warriors on the use of such a tool, what should be required as policy, what is recommended as important uses of such a tool,  and what is an approved expense. I would love to hear your comments, I’d love to see what is written in your company policy, and I’d like to inspire a useful discussion for those of you who would like to enhance how you address communications while on travel.

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Topics: technology