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Benefits Offered by Best Corporate Travel Platforms
Find out how to make the most of using an ideal corporate travel solution!
Making corporate travel booking is often challenging as it involves having to take the employee’s preferences into account while ensuring that every booking is within the travel policy. This can however be made easier with the right corporate travel management company by your side:
Being a business traveller or booking for the employees travelling for work as a travel admin can never be easy. However, with the right corporate travel management companies this process can be made a lot simpler.
With the travel technology evolving, corporate travel has also evolved. The best travel solutions work towards simplifying the consumer’s journey towards a hassle-free work trip. These travel management solutions bring better rates, more options, higher visibility, more compliance, and greater savings right to your fingertips! They can take this a step further by providing data accuracy and efficiency on overall corporate travel. Hence, using corporate travel management platforms has several benefits, like the few we have listed below:
1. Enhanced Travel Customizations with Corporate Travel Services:
Traditionally, booking flights and hotels involved extensive research in finding the most suitable option. But this mechanism is extremely time-consuming and prompts the need to adopt modern solutions for corporate travel booking. Travel arrangements can now be made with just a click, that too by ensuring that all the bookings are policy compliant. Companies can book corporate travel by prioritizing the employees’ preferences like- amenities, location, convenience, etc., ensuring that they are fully personalized owing to the predictive analysis used by modern travel booking platforms to record booking patterns and company recommendations.
2. Implementing Policies with Corporate Travel Solutions:
Corporate travel policies that take only some aspects of business travel into consideration can often end up being wasteful and redundant. If a policy disregards the employees’ comfort, for example, it is as good as being useless.
A good travel management platform can help set up a comprehensive travel policy that considers every minute detail of business travel. They can easily implement and integrate it with each booking. Companies can design, improvise, and personalize these policies to ensure better compliance with the help of the best corporate travel agencies and ensure effective compliance.
3. Access to Real-Time Reporting with Corporate Travel Expense Management:
The right travel management company can also provide real-time travel spend to travel admins, helping them to make more informed decisions every time. This information can prove to be extremely useful during financial audits while at the same time helping in allocating the travel budget. Hence, an ideal travel management platform can not only help in booking corporate travel but also in streamlining management for offering an exception travel experience for the employees.
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4. More Accountability and Visibility with Corporate Travel Booking System:
With a good travel management system, a company can book corporate travel with absolute compliance. Adopting these multi-faceted systems enables easy tracking of expenses, thus fixing accountability. This can further help the company efficiently take care of the budgeting requirements for future business travel based on the current expenditure.
These travel and corporate travel expense management software can make managing the travel program easier by extracting the value from the overall financial and booking data. Custom dashboards provided by these travel solutions can get rid of the multiple reports that travel admins have to deal with, offering more visibility and speeding up the processes, thus saving valuable time.
5. Preventing Frauds on Online Corporate Travel:
The higher visibility afforded by such travel management products is among the many corporate travel management benefits that can subsequently add more value to your travel program. The comprehensive overview that travel managers get can be useful in tracking aberrations and preventing fraud. It can hence enable companies to pay timely attention to any deviations in bookings, making audits easier by alerting the administration of employees submitting elevated expenses for seeking reimbursements.
Managing business travel can be challenging with so many things to be taken care of. However, by adopting the right travel management solution like myBiz you can take your corporate travel to the next level. It can identify mistakes and reduce the chances of errors, fix accountability, simplify bookings, offer corporate travel discounts, configure workflows, and so much more with advanced technological solutions. Thus, investing in the right travel management solution can improve the efficiency of your company's travel program.
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Frequently Asked Questions (FAQs)
Q1. What is corporate travel?
Ans. Corporate Travel is carried out on behalf of a company in order to achieve the objectives of the business.
Q2. What is corporate travel management?
Ans. Corporate travel management involves all the steps to increase productivity, manage bookings and expenses in an efficient manner.
Q3. Can a travel management solution also offer corporate travel expense software?
Ans. Yes, the right travel management solution offers comprehensive solutions that efficiently take care of the employees’ T&E.
Q4. How can having a corporate travel account with a travel management platform help a business?
Ans. By partnering with a travel management platform, businesses can simplify their corporate travel by offering easy bookings and expense management, more visibility, real-time reports, easy travel policy set up and more.
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Designed for Everyone in the Organisation
Our features and benefits are curated to suit the needs of every employee using myBiz.
Travel Managers
Who manages company's travel expense
Simplified Admin Panel to manage all employees and their expenses
Detailed reports on regular basis to keep a track on your spends
Dedicated Support Manager from myBiz to take care of your queries
Central Bookers
Who books for employees
Book using the traveller's Policy to ensure the right options are booked
Shortlist & share travel options to employees directly from myBiz
Track your requests & get the job done from one single place
Employees
Who travel for business
Special Corporate Fares in flights to ensure you get more benefits at reduced price
myBiz Assured Hotels for top-rated stay options
Sanitized Cabs to safely pick & drop you to your destinations
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Set Up Employee-friendly Policy Guidelines
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Case Studies
myBiz powers many of the small, medium & large size organisations to help them save on their travel budget and achieve more from their business travels. Read interesting stories from these organisations.
Sattva Consulting, Delhi
Bajaj Finserv, Bangalore