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Why Every Business Should Embrace Corporate Travel Technology

Corporate travel technology has changed the way organizations and their travelers manage and plan, book, and experience business trips. For travel managers, keeping up to date with current innovations in corporate travel technology is critical to ensuring traveling employees are protected and prepared. Corporate travel technology also allows both managers and employees to have peace of mind through all stages of the trip.

Travel technology is constantly evolving, which means there’s almost always something new on the horizon. Below are a few critical innovations in travel technology, specifically designed for corporate travel programs.

Travel Management Software: A Must-Have for Corporate Travel

Businesses with a high volume of traveling employees face unique challenges. From booking the best rates to managing business trip approvals, tracking expenses and traveler safety, the list of responsibilities for corporate travel managers is endless.

Travel management software is a tool no corporate travel program should be without. The best travel management software should do more than track the minimum essentials. It should also integrate with other industry-leading technology tools. It’s critical that your travel management software includes a few key travel tech features:

Virtual Payment Options
Accurately tracking and reporting on business travel expenses are key to running a cost-effective corporate travel program. One way corporate travel technology helps you do this is by offering virtual payment options.

For example, companies face hotel payment challenges if a traveler is a contract worker, has limited credit, or doesn’t have a company credit card. But with virtual payment options provided by corporate travel technology, companies can easily pre-authorize payments with single-use credit cards. This option not only creates operational efficiency, but improves hotel billing accuracy, limits fraud exposure, and helps consolidate hotel spend.

Easy Booking Tools
While the internet has given everyone access to the vast options provided by airlines, hotels, and rental car companies, culling all those options takes time. Quickly finding the lowest rates, knowing which vendors provide the best value, and making bookings that align with corporate travel policies takes expertise. By partnering with a travel management company that delivers integrated corporate travel technology, travel managers can provide their travelers with booking options (online or with expert agents) that align with the company’s goals while still serving the needs of employees.

Corporate travel technology also allows travelers to create travel profiles that populate bookings with their travel preferences, reward memberships, and credit card numbers to eliminate the need for re-entering those details during the booking process.

Integrated Travel Policies
Corporate travel technology gives travel managers the ability to integrate, communicate, and enforce their corporate travel policies. You can also include your specific vendor contracts and detailed reporting requirements to easily manage expiring contracts and ensure you’re tracking the right data. This leads to overall cost-savings and improves both policy and vendor compliance.

Having the ability to customize and integrate your travel policy also means rules can be applied at the time of booking, so travelers maintain compliance from the very beginning.

Risk Management

In an era where anything can change at a moment’s notice, keeping track of traveling employees has never been more critical. Corporate risk managers need real-time access to global health and safety threats as well as the ability to quickly communicate them to business travelers.

Corporate travel technology should help you manage business travel risk by identifying risks and assessing impact, locating travelers by name, travel date, and/or location, and allow you to quickly verify safety or provide communication and assistance should an emergency arise.

 

Centralized Location
There are countless travel apps, all designed to manage different aspects of business travel. —too many options for too many singular actions. Travel managers don’t need one more app to manage one more thing. They need one tool that gives them access to everything.

The best travel management software should allow you to conveniently organize, access, and manage your entire corporate travel program from one place. When you gain access to a fully-integrated corporate travel software platform, you’re equipped to reduce spend, manage risk, track unused airline tickets, access traveler profiles, ensure policy compliance, and more. And travelers have access to the booking options, support, itineraries, and business travel resources they need to have successful trips.

Leveraging Digital Solutions

Christopherson Business Travel provides digital business travel management solutions that help companies maximize their budgets and keep travelers safe and happy.

Our integrated software platform, AirPortal, provides the essential tools for successfully managing and navigating corporate travel.

From booking to approval to security to reporting, AirPortal streamlines critical processes. AirPortal also helps companies maximize their travel budgets and reduce costs with features like AirBank, which tracks unused airline tickets to eliminate waste and ensure re-use.

Companies are always looking for ways to protect their bottom line. AirPortal’s Value Scorecard allows you to assess the ROI of your travel management company partnership by identifying and quantifying both the savings and value you’ve achieved.

All of these tools and features are easily accessible via desktop and mobile. Your dashboards are also customizable to meet your unique needs and how you manage your program and workflow.

Industry-Leading Technologies and Personalized Service

No matter the size of your company or business travel volume, Christopherson’s personalized service and industry-leading technologies can help you take control of your corporate travel program. Contact us today.

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