May 18, 2024

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Tour For Your Life

How TravelPerk makes managing business travel spend and expenses stress-free

How TravelPerk makes managing business travel spend and expenses stress-free

Whether your business is entirely distant, again to the office total time, or a mixture of equally if you are a finance chief taking care of business vacation invest for your group, you’ll know how important it is to have straightforward-to-deal with processes to observe your shell out. Primarily given that corporate travel needs are on the rise and predicted to continue on to enhance throughout the board.

Maintaining monitor of employees’ organization journeys and expenditure experiences is no straightforward undertaking. Relying on how you at this time e-book your enterprise travel, regardless of whether that be via a classic journey agency or booking flights and resorts on customer internet sites, your finance group will be well mindful of the battle of chasing credit rating card receipts, holding observe of challenging expense management procedures and seeking to get ahead of their journey funds.

Right here are 3 key means TravelPerk takes the stress out of controlling business journey invest and bills.

1. Entry to authentic-time reporting on company vacation devote

TravelPerk is a business travel reserving software with an intuitive cell application where by you can guide all of your staff travel in 1 place. Our company vacation management instrument has the best inventory of journey companies on the market, indicating you have much more preference to choose from and assured the greatest charges. Our travel administration system was built to make equally the booking system and vacation spend administration a whole lot less difficult. 

By scheduling anything in one spot, our on-line scheduling instrument will allow finance teams to preserve journey prices down, preserve observe of their vacation budget, and make absolutely sure all vacation-relevant bills are underneath control.

Let us to reveal…

Let us say you have 8 team members all checking out a meeting in Barcelona subsequent week. Relatively than every single colleague reserving flights and accommodation via different online providers, creating a nightmare for your finance staff to take care of, if they ebook with TravelPerk you will have all their itineraries and vacation shell out recorded in one particular place. With our complex reporting tools, your finance group can see, in actual-time the place invest is heading, and stay forward of the funds.

The days of retrospectively chasing receipts to get a grip on travel invest are nicely and genuinely over. With TravelPerk all your corporate vacation charges are offered in authentic-time.

Our custom-made reporting performance suggests you can make improved-educated economic choices. Our reporting resources are as flexible as you want them to be. You can make experiences to display commit per staff, employee, journey support, recoverable VAT, and extra. The reviews are also accessible to export so you can produce broader visibility on how your organization is shelling out money and no matter if you’re underneath or around finances.

See how uncomplicated it is to keep track of your organization journey finances with Travelperk

2. Seamlessly combine your desired cost administration system

Place merely, we want to make enterprise journey management straightforward for your full firm. That implies an over-all far better consumer expertise for your finance crew, journey supervisor, and organization traveler.

With TravelPerk, not only can you perspective travel devote in actual-time, we deliver a single-click on integration with your preferred price administration remedy. Permitting you to e-book all your travel and take care of small business vacation charges all in a person area. 

This signifies that any time you acquire a trip on TravelPerk, the total value of your excursion will be synced to your price management software mechanically. So you can hold all expenditures connected to the very same enterprise trip (such as “down route” expenses like food stuff, taxis and many others) in 1 position, supplying your finance staff entire oversight. Magic!

We lover with primary price administration computer software these as Expensify, Ramp, Divvy, Yokoy, Circula, and many others. Check out out our marketplace for a total record of our expenditure administration associates.

3. Automated vacation insurance policies and custom made shelling out boundaries

Fairly than obtaining your company journey coverage concealed absent on your company’s shared generate where it’s effortlessly dismissed and neglected, with a vacation administration organization like TravelPerk your vacation policy is ‘baked’ into the scheduling process. Which makes it super simple for your tourists to keep compliant and encourages staff and vacation supervisors to make far better-informed choices when booking their next business vacation. (Which in many circumstances encourages cost discounts throughout the firm!)

When they make a scheduling on our platform, vacationers can filter by outcomes that are “in policy” and if they fail to remember to do this, we’ll usually notify them if a flight or resort is out of coverage. 

Here’s an illustration of how this operates with TravelPerk:

Our system also makes it possible for you to simply established up custom made expending limits and automated approvals for various teams or individuals inside of your organization.

Really do not want your profits group to e-book company class airfares? No dilemma! Require to make it possible for a lot less restrictive travel preparations for your CEO? Effortless!

Here’s what personalised journey guidelines glimpse like with TravelPerk.

Owning your plan baked into our business enterprise travel administration resolution not only improves travel coverage compliance but also your inside workflows by enabling you to set up automated approvals.

So what does this suggest in practice?

If Olivia, in your product sales group, is heading to New York for a client pitch and textbooks a flight within coverage, fairly than getting to wait around for her team guide to approve the vacation, you can set this to be routinely accepted – given that her journey programs drop within funds. Similarly, if your finance team prefers to have complete oversight of their travel spending budget and to approve each individual trip, you can established this up much too! Either way, you have finish manage and overall flexibility to set up acceptance procedures whichever way operates very best for you all inside the TravelPerk reserving instrument.

See how TravelPerk makes organization journey tension no cost