Corporate travel policy compliance is the Holy Grail for travel managers and can prove to be elusive. But it’s essential to vendor negotiations, duty of care, accurate travel reports, and a half dozen other key considerations. We have assembled the following truths to assist you in this quest. As a corporate travel agency, here’s what…
At Rocketrip, they hear time and again that, when it comes to corporate travel management, companies are anxious to control their costs but worried that tightening policies will harm their company culture. If this catch 22 is plaguing your thoughts, take comfort knowing that your priorities are in perfect order. Corporate travel is 67% more…
Research has shown that, in many organizations, Travel & Expense expenditures are the second or third largest item of controllable expense. Travel management companies (TMCs) plan travel, process reservations, fulfill transactions, support online booking tools, report data, implement technology, track travelers and provide support. They also consult, negotiate, facilitate, drive compliance and enable buyers to…
Working with a corporate travel agency for your business not only helps to fully manage your travel program effectively but adds value to your employees, upholds your requirement for duty of care and delivers savings through strategic negotiations on your behalf and access to a larger global network of airline, hotel and ground transportation discounts.…
With business models becoming more and more global, companies are increasing their corporate travel budgets to send their employees around the world. Obviously, having to travel to meet clients face-to-face is crucial for growing your business, but the increase in travel costs can create a serious dent in your company’s bottom line if you’re not…
The deals seem too good to be true: round-trip first or business class airfare for far less than you’d expect to pay. They’re hard to ignore: hundreds, sometimes thousands, of dollars off for a cushy, lie-flat seat in the pointy-end of the airplane. But these tickets are not being sold by airlines. Instead, they are…
For the last decade experts in the Travel industry have been telling us that gamification was the key to boosting policy and program compliance among travelers, yet no one could seem to come up with the “game” which had the secret sauce that could change employee behavior. Like many business concepts, gamification is much older…
The way in which corporations select their travel partners is changing. Sourcing air, hotel and car rental travel, traditionally undertaken through an annual RFP, can take three months and cost thousands in lost productivity. No wonder travel managers are looking at alternatives. Contemporary sourcing is quicker, using real-time and predictive data for decision-making in partnerships…
Once upon a time, when you booked an airline ticket, that was it. Your seat, your bag, your in-flight meal and entertainment – everything was included, whether you took advantage of the option or not. Not anymore. Ancillary services – primarily, though by no means exclusively, charging for bags and seats – is big business…
At many companies, different departments oversee the planning of small offsite meetings and the procurement and booking processes for corporate business travel. In addition, small events are often charged on corporate credit cards, and the expensing is categorized under general travel and entertainment, rather than business development. That discrepancy causes inefficiencies, including a lack of transparency…