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Eight ways travel expense management consultants benefit your business

Posted by on Dec 28, 2015 in Travel & Expense Management Consultancy | 0 comments

Managing corporate travel can be time consuming and the travel spend can easily get out of control if your business does not have good systems in place. Although big corporates have entire teams, or departments of people, dedicated to making travel arrangements, getting approval and conducting recons for reimbursements, there can still be errors and delays in reporting. Using travel procurement software is a great way to consolidate your travel programme which can save your business a lot of time and money. If your company does not have the expertise or knowledge to formulate and manage business travel, it may be a good idea to consult with a company like TraveluXion, who can guide you in your formulation of travel policy, risk management or management of travel spend. There are many advantages to using the services of expense management experts, such as: Helping you get a handle on the rising costs of your business travel programme. Consolidating all the important information around business travel and the reporting post-trip. Balancing the unique requirements of your business to achieve cost control. Demystifying all the products and services available in the travel and expense space. Helping to eliminate your paper requisition process and replacing it with a more robust solution. Assisting you with the structure for proposals or tenders for T&E services. Reducing the amount of time you spend on travel administration. Helping you understand the best practices and offering you expert independent opinion. Effective and easy-to-use travel management spend products and services from TraveluXion TraveluXion are the industry leaders in procurement spend management software. Their software and consulting services offer the best in travel management controls and they understand the needs of your corporation. A key part of their sales cycle is to assist and refine the business processes around the procurement of all business travel related expenditure. They really understand the industry and would love to simplify your corporate travel management. Contact them to find out more about how their solutions can transform your...

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Travel Expense Management Software Accounts for the Entire Spend Cycle

Posted by on Nov 9, 2015 in Travel & Expense Management Consultancy | 0 comments

Corporate travel management has developed over the years to incorporate travel expense management software. However, many organisations still do not fully understand the difference between what the traditional Travel Agency does and the work of travel expense management consultants. Seeing the bigger picture Investing in travel expense management software ensures the entire travel spend cycle is monitored and controlled. Travel expense software provides a wide variety of services including: Central billing. All travel expenses are billed from a central platform. Claims, supplier invoices, reconciliations, reimbursements as well as supplier payments are all made from the organisation’s account. Travel and expense management also takes into account any cost escalations. The consulting services for travel technology are therefore able to capture all trip costs from the initial quotation to the reporting at the end of the trip. Comparisons and reports on preferred suppliers. Travel expense management consultants provide organisations with data on preferred suppliers. Organisations are able to compare rates and select the most favourable supplier to meet their specific needs. Adherence to corporate objectives and policy. Consulting services for travel procurement ensure corporate travellers adhere to corporate objectives and policies. Professional consultancy services set up agreements with service providers and ensure adherence to policy for financial benefit to the organisation. All booking and trip approval processes are run through travel and expense management software to ensure compliance. Data analysis. Although many organisations invest in corporate travel management, many are still unable to accurately determine the impact of their travel budget on their overall budget. Corporate travel management services ensure organisations can accurately analyse and control their corporate travel expenses and reduce costs in the long run. The services of a corporate travel management company will ensure your organisation is provided with a central platform for the coordination and control of corporate travel expenses.   For more information contact us...

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