Corporate travel management software is a suite of tools designed to streamline and automate the process of managing business travel. It is an essential tool for businesses that need to manage a large number of employees traveling to multiple locations for work. The software simplifies the process of booking flights, hotels, transportation, and other travel-related services, making it easier for businesses to manage expenses and ensure compliance with their travel policies.
The software is designed to be user-friendly, with an intuitive interface that allows businesses to manage all their corporate travel needs in one place. It provides visibility into the travel process, enabling managers to track employee travel expenses, approve requests, and monitor compliance with company policies. The software is also designed to integrate with other systems and tools, such as accounting and expense management software, to provide a comprehensive view of travel expenses and employee spending.
There are two main types of corporate travel management software: self-service and fully managed. Self-service software allows employees to book their own travel arrangements, with oversight and approval from managers. Fully managed software, on the other hand, involves a dedicated travel management team handling all aspects of travel planning and booking.
Benefits of Corporate Travel Management Software
The benefits of corporate travel management software are numerous, including:
- Cost savings: The software automates the process of booking travel, allowing businesses to negotiate better deals with suppliers and avoid unnecessary expenses. It also provides insights into spending, enabling managers to identify areas where costs can be reduced.
- Streamlined booking process: The software simplifies the process of booking travel, enabling employees to quickly and easily book flights, hotels, and other services, while ensuring compliance with company travel policies.
- Improved data visibility: The software provides real-time visibility into travel activity, enabling managers to track employee travel expenses, monitor compliance with travel policies, and identify potential areas of risk.
- Enhanced employee experience: The software allows employees to book travel arrangements that meet their needs, while ensuring that travel policies are followed. This helps to improve employee satisfaction and reduce turnover.
- Increased productivity: The software streamlines the travel booking process, freeing up employees’ time to focus on other tasks. This leads to increased productivity and can help to drive business growth.
Features of Corporate Travel Management Software
Corporate travel management software typically includes the following features:
- Travel booking: Enables employees to book flights, hotels, and other travel-related services through an online portal.
- Travel policy management: Allows businesses to set travel policies and ensures that employees comply with them.
- Expense management: Provides tools for managing travel-related expenses, such as tracking receipts and submitting expense reports.
- Risk management: Provides real-time alerts and updates on potential travel risks, such as weather events or political unrest.
- Reporting and analytics: Generates reports on employee travel expenses and provides insights into travel patterns and spending.
- Integration with other systems: Integrates with other systems, such as accounting and expense management software, to provide a comprehensive view of travel expenses and employee spending.
Corporate travel management software is an essential tool for businesses that need to manage a large number of employees traveling for work. It streamlines the process of booking travel, reduces costs, and improves employee satisfaction. With its user-friendly interface and powerful features, corporate travel management software helps businesses to manage their travel needs more efficiently and effectively.
SPOTNANA
Experience superior savings, simplicity, and service with Spotnana corporate travel management software. Experience superior savings, simplicity, and service with Spotnana corporate travel management software.
- Unbiased global content
- Personalized travel booking
- Global omni-channel service
- Global policies and analytics
- Traveler health and safety
- Deploy fast and pay-as-you-go
MYCWT
CWT industry-leading corporate travel management software gives you more control and better insights when it comes to making bookings and handling expenses.
- Create custom queries to customize business travel reporting information for your organization’s key stakeholders
- Compare your travel program to others with built-in benchmarking
- Review our recommended actions based on your data that can help you show even more value to your company
- Monitor travel policy compliance by comparing credit card to booked travel data
- Share graphic dashboards and charts with drill-through clicks to the detailed data behind them to help you get key stakeholders on board with your plans
- Identify travelers impacted by a disruption or crisis, with a simple, web-based tracking tool
CORPTRAVELLER
Corporate Traveler is taking corporate travel to the next level. We combine cutting edge tech with leading travel experts to get you where you need to go.
- It’s so intuitive you can book in 5 minutes
- Reports help analyse your spend so you can make quick decisions for your business
- Access the best negotiated rates, worldwide
- Chat to your travel expert with one tap
- Stay in the know about anything and everything travel
TRAVELSTOP
Travelstop – business travel management and expense automation for modern companies easiest way to manage your company travel and expenses, while saving time and money.
- Set up your travel program in minutes
- Access the best inventory
- Stay in control
- Book and manage trips for others
- Care for travelling employees
COUPA
Coupa takes all the complexity out of managing Business Travel Spend. Enable Finance teams to control costs, maximize value and simplify Corporate Travel.
- Provide Personalized, Intelligent Trip Itineraries
- Communicate to Travelers At Scale
- Encourage Smart Spending
- Optimize Your Business Travel Spend
- Get More Out of Every Travel Dollar Spent
- Instant Access to Experienced Travel Agents
- Increased Savings, Instantly Available
- Book Travel From Any Device
EGENCIA
Egencia innovations in business travel technology helps travel managers work with a user-friendly and familiar interface.
- Travel technology pioneer
- Savings and analytics
- Expert support
- Egencia mobile app
- Policy and approval
- Traveller risk management
- Supplier network
TRIPEUR
Tripeur is India’s Smartest, Integrated Platform for Corporates to Manage Expenses and Business Travel.
- Travel Budget Management
- GST Compliance and Reconciliation
- Multi Vendor Integration and Management
- Travel Policy Implementation
- Alerts and Notifications
- Omni Channel intelligent approval engine
- Integrated invoice management
- Single window reconciliation
- Transactional and behavioral analytics
NAVAN
Navan provides thousands of global customers with travel, expense & corporate card management to automate manual processes & drive spend visibility.
- Travel booking & support
- Exclusive hotel & flight deals
- Virtual & physical corporate cards
- Global card issuing & reimbursements
- Automated expense management
- Real-time reporting & analytics
- Integrations with the tools you love
CHROMERIVER
Chromeriver – flexible, end-to-end corporate travel management software. Your travel vendors of choice integrated with our expense automation.
- Integrated Travel Booking Options
- Duty of Care
- Hotel & Car Folio Integration
- Ride-Share Integration
- GPS Mileage Tracking
- Card Programs
WEBEXPENSES
Webexpenses – easily track, manage, and report business expenses online with user-rated #1 expense software and app.
- Integrated + secure
- Business expense app
- Mileage tracking
- Automated policy compliance
- Corporate card matching
- Petty cash management
KAPTURE
Kapture Travel Management system is a corporate travel management software for tour agents and travel companies. Source your website queries, manage travel packages and enquiries on the travel crm dashboard.
- Website
- Package Management
- Customize your Sales Funnel
- Online and Offline Enquiry Management
- Lead scoring And Distribution
- Centrally view enquiries of all offices
TRUTRIP
TruTrip all-in-one corporate travel management software gives you the right tools at every step, making it the only platform you need!
- Book your entire trip in one go
- Customize your policies
- Stay on top of travel risks and alerts
- Track your expenses and plan ahead
DEEM
Deem – the world’s most advanced travel management platform designed to make your employees and your budgets happy.
- Control costs and track spending
- Optimize employee engagement and safety
- Improve satisfaction, drive adoption, and increase compliance
TRIPFRO
TripFro provides Corporate Travel Management, Corporate Travel Booking Tools, Best Corporate Travel Management Software to the global travel industry.
- Awarded #1 Travel Software for the Online Travel Industry
- Exceptional Commitment to Customer Success
- Cloud based Technology fueling for High Performance
CVENT
Cvent Corporate Travel Management Software saves your time and money by helping you source, benchmark, and audit your corporate travel hotel program.
- Get the Best Transient Rates Quickly and Easily
- Ensure Accurate Rates and Availability
- Unmatched Transparency into Your Travel Spend