Corporate Travel Management


Book Description

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Business Travel


Book Description

Corporate travel management (CTM) is the function of managing a company's strategic approach to travel (travel policy), the negotiations with all vendors, day-to-day operation of the corporate travel program, traveler safety and security, credit-card management, and travel and expenses ('T&E') data management. CTM should not be confused with the work of a traditional travel agency. While agencies provide day-to-day travel services to corporate clients, they are the implementing arm of what the corporation has negotiated and put forth in the policy. The agency on the other hand makes the actual reservation within the parameters given by the corporation. This book is the first step to close a gap that has been left open for too long. Not on purpose, but few people outside the industry realize its economic importance - and size. And while it may not give you all the answers, it does provide you with an overview of the complexities of corporate travel and its management.




The American Express Guide to Corporate Travel Management


Book Description

In this book, companies can realize substantial savings with the help of one of the industry's experts. The book shows how to develop a travel policy and get a handle on spending.




Implementing Corporate Travel


Book Description

Corporate travel management (CTM) is the function of managing a company's strategic approach to travel (travel policy), the negotiations with all vendors, day-to-day operation of the corporate travel program, traveler safety and security, credit-card management, and travel and expenses ('T&E') data management. CTM should not be confused with the work of a traditional travel agency. While agencies provide day-to-day travel services to corporate clients, they are the implementing arm of what the corporation has negotiated and put forth in the policy. The agency on the other hand makes the actual reservation within the parameters given by the corporation. This book is the first step to close a gap that has been left open for too long. Not on purpose, but few people outside the industry realize its economic importance - and size. And while it may not give you all the answers, it does provide you with an overview of the complexities of corporate travel and its management.




Business Travel


Book Description

Business travel is a fast-expanding sector of the travel and tourism industry. This text covers all sectors of business-related travel in an analytical manner and provides a sound practical and theoretical context for the study of this subject.




Corporate Travel Management the Ultimate Step-By-Step Guide


Book Description

Has the direction changed at all during the course of Corporate travel management? If so, when did it change and why? How are the Corporate travel management's objectives aligned to the organization's overall business strategy? How can we improve Corporate travel management? Has the Corporate travel management work been fairly and/or equitably divided and delegated among team members who are qualified and capable to perform the work? Has everyone contributed? How is the value delivered by Corporate travel management being measured? This astounding Corporate travel management self-assessment will make you the principal Corporate travel management domain master by revealing just what you need to know to be fluent and ready for any Corporate travel management challenge. How do I reduce the effort in the Corporate travel management work to be done to get problems solved? How can I ensure that plans of action include every Corporate travel management task and that every Corporate travel management outcome is in place? How will I save time investigating strategic and tactical options and ensuring Corporate travel management costs are low? How can I deliver tailored Corporate travel management advice instantly with structured going-forward plans? There's no better guide through these mind-expanding questions than acclaimed best-selling author Gerard Blokdyk. Blokdyk ensures all Corporate travel management essentials are covered, from every angle: the Corporate travel management self-assessment shows succinctly and clearly that what needs to be clarified to organize the required activities and processes so that Corporate travel management outcomes are achieved. Contains extensive criteria grounded in past and current successful projects and activities by experienced Corporate travel management practitioners. Their mastery, combined with the easy elegance of the self-assessment, provides its superior value to you in knowing how to ensure the outcome of any efforts in Corporate travel management are maximized with professional results. Your purchase includes access details to the Corporate travel management self-assessment dashboard download which gives you your dynamically prioritized projects-ready tool and shows you exactly what to do next. Your exclusive instant access details can be found in your book.







Business Travel Management Strategies


Book Description

Inhaltsangabe:Introduction: During a rail or airplane trip on an early midweek s morning men in suits working on their laptops or reading the latest newspaper are a common scene. This might lead to the assumption that business travellers are important customers to the tourism and travel industry and companies spend large sums on the trips of their employees. Indeed this impression can be proven right. Such 30-40% of all travel in Germany is business driven. In average companies spent 3,9% up to 5% of their yearly indirect cost on business travel. In a globalized market business travel is important and necessary for companies. It is an investment which influences the performance of a company positively if applied correctly. However as for every investment costs are attached which need to be validated upon their necessity and their cost-benefit ratio. Furthermore for business travel aspects like security, work time, employee wellbeing and other factors must be considered to increase the positive outcome for the company. There is a clear requirement for business travel and its management which will be explained in more detail during this thesis. However still many companies are not aware of the cost factor of business travel. Even if certain awareness has been established often still no clear strategy is in place to improve the value for money and avoid yearly cost increases. To create such a strategy it is necessary to have a good understanding of the travel industry, their relevant players and the companies travel structure. Motivation: Business travel management i.e. the professional organisation of business travel has just developed during the last 50 years. Globalisation and development of transportation caused a quick increase during the last years of the business travel industry. In 2008 German companies spend 46.6 billion Euros on business travel. The strategic management of business travel requirements however is still not common in every company. Though scientific, universal literature about business travel management is limited. Only a small number of authors give directions upon how to implement a complete travel management system in a company. In many cases the available theoretical literature has no practical tips for users. On the other hand there are many white papers, studies and articles available which are up to date, give practical tips, however only refer to one aspect of the travel process. This implies that inexperienced [...]




The Categories Of Corporate Travel


Book Description

Corporate travel management (CTM) is the function of managing a company's strategic approach to travel (travel policy), the negotiations with all vendors, day-to-day operation of the corporate travel program, traveler safety and security, credit-card management, and travel and expenses ('T&E') data management. CTM should not be confused with the work of a traditional travel agency. While agencies provide day-to-day travel services to corporate clients, they are the implementing arm of what the corporation has negotiated and put forth in the policy. The agency on the other hand makes the actual reservation within the parameters given by the corporation. This book is the first step to close a gap that has been left open for too long. Not on purpose, but few people outside the industry realize its economic importance - and size. And while it may not give you all the answers, it does provide you with an overview of the complexities of corporate travel and its management.




Potential reduction of corporate travel expenditures


Book Description

Bachelor Thesis from the year 2009 in the subject Tourism - Miscellaneous, grade: 2,0, International University of Applied Sciences, language: English, abstract: This bachelor thesis is concerned with the cost reduction potential of travel management tools with regard to business travel expenditures in micro, small, and medium-sized enterprises. For this purpose, primary research in the form of a questionnaire was conducted. The results, which are presented at the end of the thesis, reveal that travel management tools are on the spot for micro, small and medium-sized enterprises but by far not as much that one could say the market is saturated, since 29 percent of the companies are currently applying travel management tools, but more than half of them have not yet thought about the matter. The findings also show that corporate credit cards and online booking engines are by far the most popular tools and that travel policies and online booking engines are the most efficient tools for micro, small, and medium-sized enterprises with respect to their corresponding cost saving potential.