Studies show, more and more corporate travellers are going rogue…
Several major value-adds can be found in managed travel solutions: negotiated rates, duty of care, customer service, policy enforcement and data aggregation. Still, many companies are finding a more “open” approach to be more cost-effective and far more user-friendly.
How can you tell if your company is ready to adopt ‘unmanaged’ or ‘open booking’ policies?
Business travel can be incredibly expensive. That said, when given the right tools, employees can be recruited as partners in cost savings that results in enormous savings for your company. If your employees care about the bottom line and tend to spend responsibly, then implementing an ‘open booking’ policy should be right in line with existing culture. Do your employees already book the cheapest deal they can find?
If your employees tend not to have complicated itineraries with multiple legs and lots of last minute cancellations and changes, then an ‘open booking’ model makes sense.
For sophisticated itineraries requiring high levels of co-ordination, travel agents can serve a helpful purpose. Most companies with managed travel programs struggle with non-compliance, because employees prefer the open market and know they can find cheaper deals on their own, and they are right.
Let’s face it, most business travellers appreciate freedom, flexibility and choice. Most importantly, they appreciate not having someone or something tell them what to book, where to book, and when to book. Most internal travel policies create friction, so minimising policy is key for an effective modern travel management solution.
TraveluXion can assist with capturing and managing all of your receipts in one system making expense management effortless. Analytical data is available and is updated in real time with total spend and related savings. We also track employee behaviour so you can see who is keeping within budget and who isn’t.