With business travel almost back to normal, companies and travel managers are looking for various ways to optimize their corporate travel management process. This has led to increased adoption of travel manager software, and the market is expected to grow by 2.85 Bn. by 2024.
If you, as a travel manager, want to optimize your business travel process, then Travel Manager Software(TMS) will help you do that. TMS is a solution that helps you plan, manage, track, and analyze your business travel process.
Let us see how travel manager software optimizes the travel process:
When an employee raises a request for their business trip, the first thing that is bound to cross your mind is how you can reduce business travel costs.
Hence, as a travel manager, you must constantly look for good hotel and flight deals to save on business travel while keeping the employees satisfied. For that, you have to spend a lot of time browsing through various third-party websites. And if many employees have to travel around the same time, this process becomes hectic.
You can overcome these issues with travel manager software. The best business travel booking software providers partner with the trusted hotel, flight, and cab vendors to give you contracted rates at the best prices. Moreover, some travel management software solutions use a GDS (Global Distribution System) for hotel and flight inventories. This gives you access to Low-Cost Carriers that help you save money on every booking.
Another major challenge travel managers face is improving user adoption. User adoption can only be improved when user experience improves. If the travel booking software is complicated to use, employees will find it hard to use and navigate. Therefore, they may not rely on this technology to book their trips.
A good travel manager software offers an easy-to-use user experience. The employees can book, track, and change the travel itinerary on the same platform without much effort. Moreover, the software that uses AI can recommend customized booking options for employees, leading to faster bookings.
On a business trip, business travelers need to travel to various domestic or international locations. They may face challenges such as hotel services, transportation facilities, visas, or travel insurance. They can also face other issues, such as delayed flights, bad weather, or civil unrest. During such times, travel managers must provide travel support, especially when employees travel internationally.
With travel manager software, you can quickly solve these issues. The best TMS providers also offer the services of a travel management company. Hence, they can provide employees with 24/7/ 365 business travel support in times of emergency.
The employees can contact the support team via multiple platforms, such as chats, emails, and calls, when they are in trouble. The software solution also comes with AI-enabled customer service chatbots. The chatbots handle urgent questions and provide support even beyond working hours.
Moreover, the best travel management tools help you keep track of employees and provide real-time notifications in case of alerts in a particular area. This way, travel managers can provide the necessary help to business travelers.
Generally, travel managers get multiple travel requests from multiple employees while booking business trips. You must consider every employee’s choices and preferences, look up various third-party websites for flights and hotels and go through thousands of options before choosing the right one. This traditional method of booking is not only tedious but also very time-consuming.
TMS offers a corporate travel booking platform to empower employees with a self-booking option where they can book their business trips. On a single screen, employees get handpicked personalized choices according to their preferences from a vast inventory of flights and hotels.
This means you don’t need to book travel for your employees, saving much of your time.
Reducing travel costs is essential for travel managers to get the maximum return on investment from each trip. However, employees often tend to spend more than necessary.
For instance, some employees raise travel requests one or two days before their business trip commences. During that time, the flights tend to be costlier. Additionally, unmonitored expenses during the trip, such as meals and other incidental expenses, can also contribute to increased costs.
An advanced travel manager software like ITILITE can help you control business travel expenses with a virtual travel consultant. A virtual travel consultant like ITILITE Mastermind provides practical data-driven insights and recommendations to cut down on your travel costs and optimize your travel management process. The AI analyzes employees’ previous travel data and collects information from external industry data from which travel managers can know how much they can save.
Moreover, some TMS solutions offer incentives to employees while booking. When an employee tries to book a business trip, they get multiple booking options as per the company’s travel policy. The employees who choose the most cost-effective option get a part of the savings as a reward. This helps companies save on business travel while rewarding employees.
Additionally, the software suggests the measures travel managers need to take to maximize savings to reach their T & E goals.
Policy compliance is one of the major challenges travel managers face. Employees often tend to violate the travel policy. This mainly happens because they get confused as the guidelines are unclear or difficult to understand. Another main reason for policy violations is that they cannot view them in real-time while booking or making an expense report.
Travel management software can help you ensure better policy compliance. You can configure multi-level granular policies based on departments, trip destinations, employee levels, airlines, etc.
The employees can view these policies in real-time at the time of booking and, hence, avoid any policy violations. Moreover, they also get real-time notifications if any out-of-policy expense is made while traveling.
Post-pandemic, employee safety has taken center stage in talks related to business travel. Hence, it becomes essential for a travel manager to provide business travelers with the correct information and tools to ensure their safety.
A good travel manager software offers employees safety features like access to live locations, safe hotel tagging, live notifications, and alerts. Travel managers can also track their employees’ exact location using this software. This way, you can ensure employees’ safety even in unfamiliar destinations.
Moreover, the software providers offer 24/7/365 support to be at the beck and call of employees to ensure employee safety.
Additionally, you can hand over a traveler risk assessment checklist to your employees to analyze the associated risks before they go on a trip. Here’s a checklist for you.
Travel managers often need to track significant travel KPIs, such as department-wise spending, employee promoter score, policy violations, expense per trip, etc., to identify bottlenecks and take corrective actions to optimize corporate travel management. And for this, you will need travel data which you can get from travel manager software.
Modern travel manager or company travel software offers advanced travel analytics by compiling all the travel data on a single dashboard. The customized dashboards allow travel managers to access real-time travel data effortlessly.
For instance, you can see which airlines are most preferred by the employees and try to get better deals and discounts next time employees travel. It also offers custom reporting for various departments based on their requirements.
Therefore, an advanced TMS can help you make insightful decisions to accomplish your travel goals.
If your company is using the traditional method of using spreadsheets or paper-based methods, integrating it into various systems can get difficult. You have to retrieve the data and upload them into other systems manually. And, if you need to modify the data, you must do it on all platforms, which is a tedious process.
Therefore, it becomes essential that you integrate your travel management system with accounting solutions, ERP, HRMS, etc., for smoother data workflow.
A SaaS-based travel manager software can easily integrate with various third-party applications to facilitate data synchronization. For example, travel managers need not extract employee data from the HRMS tool. The data gets automatically populated in the software when any detail is updated on the HRMS.
This process improves efficiency as you don’t manually need to collect data from other departments.
Manual methods of managing travel can be quite taxing and cumbersome. For instance, you must manually approve the travel itinerary or request. This process can be hectic if there is any error. You have to send multiple emails back and forth, add and delete data and create spreadsheets for all this data. And in the long run, this method becomes very inefficient and tedious.
A unified travel management solution can improve your travel management process by automating repetitive tasks like data transfer and travel approvals. Moreover, some TMS solution providers also offer travel manager apps that are Android and iOS compatible. With these apps, employees can send trip requests and file expenses on their phones. After that, you can approve or reject the requests from your mobile devices.
This way, you can focus on other, more critical tasks. This will help improve your productivity and save time and money.
As business travel is almost back to normal, travel managers must optimize their travel management process with the help of software tools.
ITILITE’s SaaS-based travel manager software can help you improve your company’s travel management process. The platform provides a lightning-quick booking system and an extensive inventory of cost-efficient flights and hotels for more efficient booking. Moreover, you can get access to the world’s first Virtual Travel Consultant- Mastermind, which gives data-driven cost-saving suggestions. You also get 24/7 travel support, free of cost, for travel-related emergencies.
ITILITE Lunch and Learn: If you would like to know more, come meet us in your city. Join us for our “Top Tier Travel Talks” Lunch Seminar.
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