Corporate travel arrangements allow companies to send employees to places across the nation and around the globe for business purposes. These trips offer networking sales and business development opportunities, training sessions and educational seminars. They also can provide team-building activities in new contexts that can travel planning help to open up new perspectives and improve working relationships. In addition, companies can reap cost savings through corporate travel discounts on airfares and hotels.
Often, someone is responsible for overseeing and coordinating all corporate travel arrangements. Based on the size of the company, this could be an entire department or just one person. In smaller businesses, it’s more likely this responsibility will be the responsibility of a person in the administration or finance teams as part of their broader job description.
However the responsibilities and expectations of an organization’s corporate travel plan can be stressful and time-consuming. To manage the program, balance costs, and ensure that policies are in compliance it might be beneficial for companies to outsource the management of their travel programs. If they choose to outsource this responsibility might choose to use an outside company or the travel technology platform that was designed for corporate travel. The aim is to streamline bookings, increase transparency, and limit leakages of expenses through automated expense tracking. This can help businesses save money, and make the planning and management of corporate travel simpler for all parties involved.
