15 Top travel management software to streamline your business trips
A lot of travel software will help you track and report on spending to help you make budget decisions, but won't include everything you need for taxes and accounting purposes.While travel booking management software should integrate with your expense system, they are two separate tools. We've broken down our corporate travel software recommendations into those that help you manage travel versus those that help you report on travel expenses. To cover all our bases, we’ve also included a section on extra corporate travel tools and add-ons to help improve your travel experience.Business travel management booking tools
Top tools for managing travel expenses
Bonus tools and add-ons for smoother business travel
What is travel management software?
Travel management software is a great way to speed up processes and improve the experience of all those involved in business travel. This software is used to book travel, manage upcoming trips and track or report on expenses. Other important features and uses include ensuring corporate travel policy compliance and the ability to consolidate travel invoices and vendors. Before travel management systems existed, small businesses would need their employees to read the company’s travel policy via a PDF handout or an internal company wiki. Then, they would use any website to book and organise a trip, and only after doing that would they have to report to the finance team to get reimbursed—sometimes at a surprise to the finance team! It wasn’t any better for larger businesses. Big corporations would have to use business travel companies or software that had huge markups, commissions and even support call fees. That’s no way to travel. Nowadays, employees can book for themselves using business travel booking software (corporate travel management apps) that have company travel policies baked-in, and automated in-app approvals because of that.Corporate travel booking software today also includes company payment details, so no reimbursements are necessary! No hassle, no cumbersome paperwork or boggling Excel templates, just comfortable, in-budget travel for teams.Features to look for in your travel management software
End-to-end business travel systems that cover all functionality, from traveller data management to booking to policy creation to automatic expensing and more are definitely the best solution on the market. These solutions vary greatly in functionality and in the cost savings they can provide to businesses, with the main driver being access to a low-cost inventory.Here’s a checklist of the critical things to look out for when vetting corporate travel management solutions:- Ease of booking for administrators
- Self-booking for travellers
- Free, 24/7 traveller support
- Massive travel inventory
- Automatic travel policy compliance with customisable policies and approval workflows
- Future-ready tool that will scale and adapt to your business
- Consolidated invoicing
- Travel spend reporting
Have you found the perfect-fit travel management software for your business?
If you’re looking for a complete business travel management platform, then TravelPerk comes out on top for providing a holistic service and providing click-and-go integrations with tech you’re likely already using. Book your demo today. All that’s left for you to do is decide on the right software for your needs and get packing, your hassle-free business trip is a click away!Book a demo with TravelPerk so you can see how to save both time and money on business travel management
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