At Rocketrip, they hear time and again that, when it comes to corporate travel management, companies are anxious to control their costs but worried that tightening policies will harm their company culture. If this catch 22 is plaguing your thoughts, take comfort knowing that your priorities are in perfect order. Corporate travel is 67% more…
Research has shown that, in many organizations, Travel & Expense expenditures are the second or third largest item of controllable expense. Travel management companies (TMCs) plan travel, process reservations, fulfill transactions, support online booking tools, report data, implement technology, track travelers and provide support. They also consult, negotiate, facilitate, drive compliance and enable buyers to…
Working with a corporate travel agency for your business not only helps to fully manage your travel program effectively but adds value to your employees, upholds your requirement for duty of care and delivers savings through strategic negotiations on your behalf and access to a larger global network of airline, hotel and ground transportation discounts.…
With business models becoming more and more global, companies are increasing their corporate travel budgets to send their employees around the world. Obviously, having to travel to meet clients face-to-face is crucial for growing your business, but the increase in travel costs can create a serious dent in your company’s bottom line if you’re not…
Are you going to Japan? Eligible for the tourist visa? Want to travel all around the country? If your answer is a big ‘Yes’ to all of those questions then you must have heard about getting a Japan Rail Pass (JR Rail Pass). The Japan Rail Pass can save you a lot of money if…
The technology driving expense management today could redefine the way travel is managed tomorrow. The never-ending puzzle of how to improve compliance and the effectiveness of a travel program, there is a growing feeling that the key to this conundrum may be found in the once humble (and humdrum) area of expense management. While travel…
Airlines Reporting Corp. (ARC) released a study that challenges the wisdom of emphasizing cost savings when managing business travel. The research finds that management should prioritize trip success rates and retention of their frequent corporate travelers. The study, “Achieving Better Business Travel Results: Insights from U.S. Road Warriors,” conducted by ARC and sponsored by Delta…
We all instinctively know advance booking is cheaper, and you probably have some data in your own organization that shows this. But what is the true potential of buying in advance, and how do you take advantage of it to lower the total cost of your travel program? Today we have new insights from a…
Are your travelers getting the lowest airfares, hotel room rates and car rental rates available? What about overall cost effectiveness? Have you maximized your potential for cost reduction? There could be thousands of dollars in savings just waiting to be realized. Below is a quick checklist to see where you might find additional savings: Small…
One of the more challenging situations for travel buyers is when their organization is growing through a merger or acquisition, which means that suddenly there can be a multitude of different travel policies, programs and suppliers for a buyer to try to consolidate. “Just because your company has taken over another firm, that doesn’t mean…