Corporate travel policies focus on safety, traveling experience, and the economy of business travel. Balancing these three factors is a tough challenge for travel managers. They have to look for cheap flights offering comfort and safety to the employees. Low Cost Carrier (LCC) or Low-Cost airlines help travel managers comply Read more…
Incorporating sustainability into business travel is no more a mere contemplation. It is a vital need to mitigate your organization’s carbon footprint. Sustainable business travel helps shape a more sustainable enterprise besides supporting employees to execute their tasks responsibly and safely. Sustainable business travel attracted the spotlight as organizations resumed Read more…
Business trip report is a post-trip activity essential to know the outcome of the business trip vis-à-vis its objectives. Employees can use the trip report to highlight their achievements and enhance their reputation in the eyes of the management. Additionally, the report will help the management to analyze the outcome Read more…
As corporate are opening up for business trips, framing a corporate policy and planning the budget becomes essential. Business travel budget entails all the necessary elements that helps in travel cost prediction and reduction. As the demand for in-person meetings and corporate events rises, corporate travel managers will face challenges balancing Read more…
Business travel is a vital activity for business growth and expansion. It helps businesses enhance their brand value, reach to new prospects, offer customer service and more. Hence, traveling to meet business objectives is a part of the employee’s job. However, the activity exposes employees to myriad risks and uncertainties. Read more…
Expense fraud is a serious issue across organizations because of the relative ease with which a few employees commit these frauds that are equally hard to detect. All business travel expense frauds are not intentional, as some of these are simple calculation errors or other unintended mistakes. Whether innocent or Read more…
Unlike pleasure trips, business travel is demanding as the employee has to deliver results after a grueling journey. Travel managers strive to ensure maximum comfort during business travel for greater productivity through a better travel experience. They have to optimize the travel experience of employees without impacting travel costs. Business Read more…
The corporate travel sector is experiencing exponential growth post-pandemic across the world. Companies are catching up with the past way of conducting business and organizing various meetups. This has led to surmounting pressure on the travel managers. Further, the booking bulk is only increasing business travel challenges with each passing Read more…
With corporate travel blooming, it is important to know about the types of corporate travel to manage the trips better. Employees and managers should understand the various kinds of travel to quicken the reimbursement process. Further, the clear guidelines of different business travel types help in laying out the clear Read more…
Managing business travel and related expenses can be a massive exercise, depending on your organization’s size and your executives’ travel frequency. Further, it is critically important to collect and report all work related travel expenses accurately. However, this can prove challenging, especially if you have to handle huge volumes of Read more…
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