Corporate Travel Software For Business Travel Management
Enterprise travel software simplifies and automates corporate travel for companies, travel managers, and employees. Key functions and concepts are:
Travel Management Company (TMC): Organizations or vendors that provide end-to-end travel management, discounts, and support.
Online Booking Tool (OBT): Self-service applications that allow employees to make bookings of flights, hotels, and car rentals based on company policies.
Policy Enforcements & Automated Approvals: Integrated policies that will check budgets and out-of-policy bookings and forward requests to managers.
Expenses Management & Receipts OCR: Applications that allow capture of receipts and automation of expense reporting.
Duty of Care & Risk Management: Functions that provide traveler tracking and assistance during disruptions.
Travel Analytics & Reporting: Dashboard applications that track spending patterns, savings by vendors, and carbon emissions (ESG).