 |
Understanding the hidden value of end-to-end travel and expense management solutions.
As one of the largest controllable costs for organizations, travel and entertainment expenses continue to come under corporate scrutiny with travel managers, procurement departments, and the C suite looking to further understand and control costs. Today's end-to-end travel and expense management systems provide an unprecedented level of integration among tools, allowing for a more complete picture of a corporation's total travel spend and the discrete elements that make up the whole.
|
 |
Growing the TMC value proposition – Moving from Travel Agency to TMC to Trusted Business Partner.
Successful travel agencies have had to be both nimble and flexible adapting to new business practices and technology resulting from changes in airline payment models, technological leaps, evolving traveler demands, and a new breed of corporate travel managers who are focused on cost-cutting. As one of the largest controllable expense for most corporations, business travel consistently comes under scrutiny as an area where savings can be maximized. Travel agencies are ideally positioned to partner with corporations in those efforts—leading the charge.
|
 |
The Impact of Airline Consolidation on Corporate Managed Travel Programs
Consolidation will have a mixed impact on corporate travel programs. On the plus side, rates negotiated with a single carrier or partnership will often cover more routes, while published fares and discounts may also be aligned. Moreover, negotiations may be simplified through a single contact coordinating proposals from the different partners. On the downside, travel buyers can face tougher negotiations on certain routes due to reduced competition, as well as higher volume targets reflecting increased frequencies and seats. They may also find negotiation processes longer because of more complex administration.
|
 |
Advanced Data Strategies Give Travel Buyers the Edge
Companies looking to control travel costs make more strategic program decisions and gain power in negotiations; they not only require accurate data, but actionable insights as to what that data means in the managed travel marketplace. Best-in-class travel tools are making that happen.
|
 |
Navigating the Turbulence of Airline Ancillary Fees
TRX partners with PhoCusWright to present the findings from their white paper titled "Navigating the Turbulence of Airline Ancillary Fees". The white paper was commissioned to provide an objective view, examining the value and viability of the approaches for tracking airline ancillary services, and to serve as an authoritative report on the current state of ancillary fees.
|
 |
Measuring Up: Benchmarking Corporate Travel Programs
In this white paper, presented by TRX, travel procurement stakeholders will learn about the different types of benchmarking opportunities available to the managed travel practitioner, what value they represent and how a company can continue to optimize its travel program through better access to data that offers deeper benchmarking and analysis.
|
 |
Integration and Management of Mobile Applications for Business Travel
Rapidly emerging technologies are giving agencies and corporations the opportunity to offer on-demand mobile solutions that both satisfy traveler needs and encourage program compliance. Corporations will be looking to their agencies to offer turn-key mobile solutions, giving travel managers the opportunity to develop comprehensive mobile travel policy to standardize usage.
|
 |
Online Booking and Expense Tools Drive Compliance
While a sound corporate travel policy geared to the particular needs of a given enterprise is key to any managed travel program, the cornerstone to reaping the full benefits of such a policy is compliance. This white paper explores how online booking and expense tools play a dual role in capturing savings with a managed travel program and help to drive compliance.
|