Corporate travel has become a necessity as companies begin to expand their horizons. However, many organisations that desire to improve the management of their spending still find it difficult to accurately analyse and therefore control the impact of their corporate travel. This is where corporate travel management services come in.

Below are the top expenses and how corporate travel management services help to manage them: 

  1. Accommodation.

The cost of accommodating corporate travellers continues to rise as hoteliers and real estate management continue to push for hikes in rates. Travel expense management consultants can help keep the costs of accommodation down. They provide organisations with corporate travel software which helps them compare costs and identify the best deals.

  1. Car rental.

Corporate travellers need to get from one point to another when on location. Car rental is often an unavoidable expense. However, the cost of car rental services continues to spike as car rental companies seek increases in their rates.

Consulting services for travel procurement enable organisations to identify the best suppliers for car rentals. Corporate travel software allows organisations to compare prices and identify the best offers.

  1. Food.

Corporate travellers need to eat while away from home. Dining expenses make up at least 30% of the daily costs associated with corporate travel. As more employees prefer to dine out, the cost of dining is set to continue to increase.

This expense can be controlled with the application of travel expense software to the approval process. It will ensure that travellers stick to their limits and the specific rules set by the organisation.

Investing in the services of a corporate travel management company will help ensure your organisation improves its corporate travel management processes. Professional consultancy services provide organisations with access to travel expense management software that enables them to keep track of expenses and accurately analyse the impact of corporate travel on their budgets.

For more information contact us today.