Risk comes in many forms. From the high-profile examples of terrorism, natural and man-made disaster, assault and harassment to the everyday problems of travel delays, illness or lost productivity as a result of one of more circumstances combining.
One of the easiest ways to monitor and control your business travel spend is to implement a travel policy. This useful set of guidelines will give both you and your business travellers a clearer idea of what can be booked and within what budget, streamlining your bookings process and saving you a lot of time and effort.
A new phenomenon has permeated into the travel sector, initially with leisure travel but inevitably into business travel too. Artificial Intelligence (AI) is driving the journey onwards from mobile to the chatbots, epitomised by Marvin the Robot from Hitch Hikers Guide, and Sam, FCM’s chat bot.
Your travel programme is mature. Compliance levels are high; preferred suppliers won’t give any more ground on rate, terms or availability and traveller feedback is generally positive. So what can you do to drive more savings, make processes more efficient and keep stakeholders happy?
More data has been created in the past two years than in the entire history of the world. By 2020, about 1.7 megabytes per second of new information will be created for every human being on the planet using 50 billion connected devices. By then, our accumulated digital universe of data will have grown to 44 trillion gigabytes.
As travel spend rises, so too does the criticality of travel management. In 2016, half of corporates spending half a million (or more) on travel contracted with a single TMC for managed travel services worldwide. We live in a global economy, so why wouldn’t you employ a TMC that really can deliver globally?
Corporates’ duty of care to ensure the health, safety and well-being of their employees, wherever they work, is a legal requirement in many countries. So what should travel managers be doing to meet every-increasing duty of care obligations to mitigate travel risk? Our guide contains 6 helpful steps to follow when preparing for to mitigate travel risk