The Global Business Travel Association (GBTA) estimates business travel spending to rise to $1.4 Trillion by 2024.
With the ROI of business travel more important than ever travel management is in high demand. Securing the most cost effective rates for lodging, flights, and ground transportation that also alleviates any scheduling conflicts of the trip has been very costly when it comes to an employees time.
A travel management company like Global Resort Options (GRO) can tailor your plans based on your budget, and offer a plethora of options for your travelers.
Global Resort Options understands that businesses with a large number of travelers face particular challenges. And because of these challenges, no company travel program should go without travel management.
A few crucial travel tech aspects must be included in your trip management:
Simple Booking Tools
While the internet has provided everyone with access to the huge array of alternatives offered by airlines, hotels, and vehicle rental companies, sorting through all of them takes time.
Managers can provide their passengers with booking alternatives that align with the company’s goals, while also addressing the needs of employees, by working with a travel management provider that provides integrated corporate travel technology.
Digital Payment Options
Cost-effective business travel requires accurate tracking and reporting of expenses. Offering digital payment options is one way Global Resort Options can assist you with this. Companies can simply pre-authorize payments with single-use credit cards using digital payment alternatives provided by corporate travel technology.
This approach not only improves operational efficiency, but it also improves billing accuracy, reduces fraud risk, and consolidates spending.
Risk Management
Keeping track of traveling personnel has never been more important in an age where anything can happen at any time.
Corporate risk managers want real-time access to global health and safety hazards, as well as the capacity to communicate these threats to business travelers rapidly.
Corporate travel technology should aid you in managing business travel risk by identifying and assessing risks, locating travelers by name, travel date, and/or location, and immediately verifying safety or providing communication and support in the event of an emergency.
