On any given day, over 2.6 million passengers fly into or out of US airports. That’s a staggering number and a testament to the ease and convenience of modern travel. But while travel is simpler than ever, travel management has become increasingly complex. Travel policy mandates, Duty of Care requirements, contract negotiations, expense management, key performance indicators, metric-based reporting—there are many reasons small and medium-sized companies are choosing to partner with a travel management company.
Let’s look at some of the ways working with a travel management company can help you simplify your travel program.
TOP 5 WAYS TMC’s SIMPLIFY TRAVEL MANAGEMENT:
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They Keep Your Travelers Happy
According to the Global Business Travel Association (GBTA), 79% of business travelers in North America say their experiences on the road affect their overall job satisfaction. With record low unemployment rates, travel policies have become a popular way for companies to attract and retain top talent. A TMC can help you develop travel policies that increase traveler satisfaction, while keeping you on track to reach your financial goals.
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They Provide 24/7 Assistance
Partnering with a TMC has many benefits, but one of the best is knowing your travelers always have the help they need, when they need it. Whether it’s a last-minute itinerary change or a canceled flight, a professional travel advisor is never more than a call away. A TMC will also work with you to develop a risk management program and implement duty of care policies that will help ensure the safety of your most valuable asset—your employees.
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You’ll Save Money
By working with a TMC, you’ll have the guidance and support you need to develop a travel program that increases your ROI, without sacrificing traveler satisfaction. The GBTA estimates that partnering with a TMC saves companies between 5% and 50% of their annual travel spend, and as travel is often a company’s second largest expense, even companies that spend as little as $250,000 a year can see significant savings.
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They Have the Tech You Need
From online booking to integrated expense reporting, TMC’s offer end-to-end solutions that increase efficiency and reduce costs. A program manager will work with you to determine your specific needs, but a TMC has access to a host of helpful technology, including preferred seat alerts and flight disruption notifications for your travelers and scalable booking and expense management for you.
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They Provide Invaluable Visibility
“What gets measured gets managed.” These wise words were said many years ago by management guru Peter Drucker, and they are still true today. The fact is, visibility is at the heart of all successful travel programs. By tracking, analyzing and reporting on your company’s travel spend, a TMC will increase your spend visibility, reduce inefficiencies and give you the information you need to plan for the future.
Content provided by Travel Leaders Group.
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