Benefits of consolidating corporate travel

03-Oct-2017 14:14

A well managed travel program ensures cost tracking and control, traveler adherence to corporate policies, realizes savings through negotiated discounts, and serves as a valuable information center for employees and managers.Financial Benefits Since the cost of travel is a corporation’s second or third largest controllable expense, having experienced travel management professionals manage and negotiate travel-related services provides measurable financial benefits to the corporation.

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Traveler Benefits While the monetary benefits of a managed travel program to a company’s bottom line are clear, there are also valuable strategic, non-monetary benefits that may be less visible.Without this transparency it would be impossible to budget for the next years travel expenditure.

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