In 2017 alone, $1.3 trillion was spent on global business travel and the figure estimated to increase to $1.77 trillion by 2022. The United States is second when it comes to business travel spend, and nearly a third of the total travel and tourism revenues stem from business travel.
As such a big industry, it’s important for businesses managing to travel to have the right strategies and rules in place. Travelling for business can be a complex endeavour, but with the right tactics, it doesn’t have to be. Here are a few tips you can use to streamline your company’s travel efforts:
Here are a few tips you can use to streamline your company’s travel efforts:
There are extra steps you can take to ensure you and other employees travel safely and efficiently. For instance, there are TSA precheck benefits your team can take advantage of—including the ability to clear customs quicker. This is a crucial perk when you a passenger is on a business dime and cannot afford to spend hours waiting in line during peak periods.
And of course, you never want to skip out on travel health insurance for you and your team. Of course, most of the time, you’ll find that no one needs it. The cost of one uninsured medical emergency can cost you much more than an insurance policy for the duration of the trip. Furthermore, you could find yourself on the wrong end of a lawsuit if you send an employee on a work trip and then end up getting hurt.
Write A Travel Policy
With a travel policy in place, you ensure that everyone stays on the same page and understands the guidelines of business travel with your company. Essentially, a travel policy allows you to set the foundation for what is and is not allowed. If you forego a travel policy, you could end up spending much more than necessary. Your policy should outline different expense categories, detail items that are non-refundable, and explain the expense process.
Use Modern Travel Planning Programs
The old pen-and-paper method of travel planning is long gone. With different rewards programs, timetables, booking numbers, and other data, it’s best to take advantage of modern travel planning programs. For instance, with Travefy, you can build and collaborate on full itineraries. The itinerary will house all booking numbers, contact details, addresses, and much more. It’s also a smart platform; for instance, enter your flight confirmation number and the system will automatically populate fields for flight time, terminal, gate number, and other important details.
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