Travel management company: 7 benefits of using one

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Global business travel industry spending was expected to hit USD 1.7 trillion by 2022, and despite the crisis, business travel is bouncing back fast. It means many businesses are now looking for a TMC: Travel Management Company so that they’re as prepared as can be for when business travel returns to 100%. A travel management company is essentially a travel agent or travel agency for corporate Special Data travel needs. As technology evolves, we’re beginning to see more personalized TMC solutions providing so much more than the ability to only book travel. Business travel programs need TMCs that are more tech-savvy than ever before. Apps and SaaS are sweeping the corporate travel world. So, let’s explore what a future-savvy TMC solution can do for your business.

Why use a corporate travel management company There are quite a few benefits to using a travel management company instead of keeping your efforts in-house. Ready to explore them? 1. Unlock efficiency and agility On the whole, a TMC makes your entire travel booking process that much smoother for you and your travelers. That’s not only via the act of booking and organizing travel, but also the entire travel program itself, things like reporting, managing invoices and VAT, and tracking your staff. It all becomes so much easier when you’re doing it through one platform that was built for this purpose—rather than never-ending excel sheets. 2. Work with experts in business travel There comes a point in any business when it’s a wise decision to call in the experts.



Working with travel experts gives you access to corporate rates, partnership perks, travel expenses benchmarking insights, expense reporting, and expert account management that could save your business a lot of money. 3. Receive 24/7 support Booking via multiple platforms and providers may seem like a good idea at the time, but when it comes to customer support, being shipped between call centers is a frustrating process—and not what your travelers need if they’re stuck in an airport with a flight cancellation! TMCs provide quality, rapid service to help you when you need it most, while the TravelPerk customer support team operates at a target 15-second response time. 4. Get duty of care resources for business trips Checking in with business travelers via email is simply not enough given recent events. Businesses need a better overview of their team members and have a duty of care like never before.