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Business Travel Made Easy with myBiz's All-in-One T&E Solution

Managing your company's T&E requirements can be daunting due to several complexities. From tracking different types of expenses to adhering with the company policies, there's so much that needs to be taken care of. But myBiz's unified T&E solution makes it easier. In this article, we'll discuss how myBiz streamlines business travel, making it smoother for both employees and the admins.
 

 

Have you ever found yourself buried under the paperwork of T&E expenses, wishing there was an easier way to manage it all? Well, you're not alone. Navigating the complexities of business travel & expense management can feel overwhelming, especially with all the bookings, expenses and compliance to manage. But don't worry! There is one perfect solution that can streamline this whole process. Introducing myBiz's unified T&E solution - your ultimate companion to help you conquer the chaos of business travel.


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How Does myBiz's All-in-One T&E Solution Streamline Your Travel and Expense Management Process?

Let's explore more about myBiz's unified T and E solution and how it streamlines your travel and expense process. From seamless integration to offering a user-friendly platform, myBiz simplifies every aspect of managing your corporate travel expenses, making it easy to stay organised and in control. How? Let's find out in more detail!

  1. It is Designed to Handle Diverse Corporate Travel Needs

    Every business is different, especially when it comes to managing travel and expenses. Some need simple solutions to streamline their corporate travel and expense policy. On the other hand, some require more advanced T&E tools. 

    That's why myBiz offers a customisable T&E suite that fits each company's unique needs. Thanks to its plug-and-play model, setting up and integrating with myBiz is easy and hassle-free, saving you time and effort.

  2. It Offers Seamless and Comprehensive Integration

    Another thing that sets myBiz's T&E solution apart is how seamlessly it combines travel requisition and expense management. By bringing these two essential parts of corporate travel together, myBiz provides a smooth, flexible and complete experience for its clients. This deep integration improves control and efficiency and enhances the travel experience for employees and administrators.

  3. Commitment to Tech Agility

    myBiz is designed with the goal of making product adoption a breeze. The platform is super tech-agile and fast, ensuring smooth integration with the leading industry systems through public APIs. From bookings and HRMS to SSO and more, it seamlessly connects with all the tools you rely on.

    No matter the level of complexity in your company’s business travel, myBiz simplifies your corporate T and E management processes. With just a few clicks, you can leave behind manual data entry and embrace a more streamlined and efficient way of managing your business travel.


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Benefits of Choosing myBiz's Unified T&E Solution for Business Travel and Expense Management

  1. Enjoy a Unified Platform That Makes Things Simpler

    myBiz provides you and your team with a unified platform that simplifies every aspect of your travel and expense process. No more switching between multiple systems or struggling to keep track of different tools. Whether you're booking flights, reserving hotels, or submitting expense claims, everything you need is right at your fingertips, making the entire experience smoother and more efficient.

    Imagine this situation: You find yourself in need of booking a last-minute flight for an important business meeting. Now, this is not an easy task to begin with. You need to not only find last-minute tickets but also ensure you don't end up paying an unnecessarily high amount for them. 

    Well, worry no more! With myBiz, you can swiftly search for available flights, compare prices and make the booking right from the platform. Additionally, there's no need to worry about making non-compliant bookings since myBiz ensures assured compliance. Employees can easily get bookings approved and even submit their expenses on the cohesive T&E platform to get quick reimbursements.

  2. End-to-End Expense Management

    Managing employee expenses is now incredibly easy with myBiz's advanced features. With its in-house wallet system, expense integration, OCR technology, and policy controls, myBiz effortlessly handles all expenditures, saving you precious time and minimising the chance of mistakes.

    Suppose one of your employees goes on a business trip and needs to cover expenses for meals, transportation and accommodations. This might sound like a time-consuming task, but myBiz makes it incredibly simple. With this comprehensive Travel & Expenses platform, your employees can easily upload receipts and submit their expense claims directly on the platform. The powerful rule engines in myBiz make sure all expenses align with your company's guidelines, preventing any unauthorised or out-of-policy spending.

  3. Avoid the Risk of Errors

    Operating within myBiz's unified platform makes your work several times less complex. You no longer have to do manual data entry or worry about mistakes. For instance, if you're in charge of managing your company's travel expenses, myBiz handles everything for you—no more juggling receipts or managing spreadsheets. Everything is automatically sorted and saved in one place, saving you time and ensuring accuracy.

    Plus, having all your T&E expenses data in one spot helps you see the bigger picture of your company's spending. This makes it easier to find ways to save money and improve efficiency.

  4. myBiz Streamlines User Adoption

    myBiz's T&E suite is designed to make things easy for your team, no matter their level of tech expertise. The user experience is seamless and cohesive, creating a platform everyone can use with ease.

    When rolling out myBiz's T and E solution, you can be confident that its user-friendly interface and intuitive design will make the transition smooth for your employees. With limited to no training required, they will quickly adapt to the new system and embrace its features. With fewer obstacles to adoption, you'll minimise resistance and ensure everyone is on board with the new way of managing travel and expenses.

  5. It Offers Better Visibility for Informed Decision-making

    With myBiz's unified platform, you get a complete picture of your company’s finances, which helps you make more informed decisions. Additionally, its easy-to-access detailed reports offer complete transparency into how much money is spent on hotels, flights, or meals. This gives you insights into spending habits and helps you manage your budget effectively.

    And that's not all! myBiz stores critical financial details such as GST information and invoices in one place, making budget planning and expense tracking convenient. Whether preparing for the next quarter or reviewing past expenses, myBiz provides the information you need to stay informed and make effective choices.

  6. Always Stay in Control with Real-time Tracking

    One great advantage of myBiz's unified platform is its ability to track data in real-time. Whether you're on the go or at your desk, you can keep an eye on the company’s expenses and travel requests as they happen, giving you more control over your finances.

    The T and E solution also lets you upload paper receipts via OCR, monitor your spending, and stay within your budget—all in real-time. If you ever need to make changes or fix errors, myBiz makes it easy to do so, ensuring you're always in charge of your finances.

  7. Enjoy Simplified Reporting and Better Compliance

    With myBiz's unified platform, all your expense-related information is neatly organised and easily accessible in one place. This means all your invoices, transactions, and other expense details are just a click away, simplifying the entire expense reporting process and saving you precious time.

    In addition, myBiz's centralised system helps in keeping employee bookings compliant with the company's corporate travel and expense policy. Employees no longer have to worry about lost receipts or manually inputting incorrect data that could cause mistakes or inconsistencies. With myBiz, you can trust that your expenses are accurately recorded and in line with the necessary guidelines.

 

Streamlining your business's travel and expense management process is about more than just saving time—it's about unlocking efficiency, reducing errors and making informed decisions.

With myBiz's unified T and E solution, reaching these goals becomes simpler. By combining travel requests and expense management in a user-friendly platform, myBiz makes it easier, improves oversight and increases productivity for everyone involved. With handy features like real-time tracking, easy-to-understand reports and all your expense info in one place, myBiz makes managing business travel a stress-free experience. So, no more hassle—just smooth sailing with myBiz!


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Frequently Asked Questions

 

Q1. What is T&E in a company?

Ans. T&E is short for Travel and Expense. It covers the expenses incurred by employees during their business travel, such as flights, hotels and meals.

Q2. What is the process of T&E expenses?

Ans. The travel and expense process is simple: employees submit expense reports of their business travels with receipts for approval and then reimbursement. myBiz's unified T&E solution streamlines this entire process, making it simpler to manage travel and expenses in one convenient place.

Q3. Is T&E a variable cost?

Ans. Yes, T&E expenses are usually classified as variable costs since they can change depending on the specific needs and travel requirements of the business.

Q4. Why is T&E policy important?

Ans. The T&E policy plays a crucial role in making sure that company guidelines are followed, spending is controlled and funds are not misused. With myBiz's integrated T&E solution, you have the power to implement policy controls and simplify expense management, leading to improved compliance and efficiency.


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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

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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

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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

KNOW MORE

Grab all the corporate benefits by creating your account now

Don't Wait Anymore.
Get Started in Just 3 Steps

1

Create Your Account Now

Get started by providing minimal details like employee size, organisation name, etc.

2

Set Up Employee-friendly Policy Guidelines

Gain most of the benefits by setting up employee-friendly policies (only Admin users).

3

Invite Your Employees & Start Booking

Invite your employees to myBiz so that they could enjoy all the corporate benefits.

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Seamless Access from Everywhere

With our super intuitive and connected web application & mobile app, myBiz is always available to address all your business travel needs.

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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.

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