Is your business travel approval process fit for a COVID world?

INSIGHT

Is your business travel approval process fit for a COVID world?

Business travel approvals

Cast your mind back to travel approvals before COVID-19. For some, it may have been the wild west - with little or no process in place. For others, it may have run like a well-oiled machine with checks and reporting parameters all working together.

No matter what side of the coin you fell on, COVID-19 has thrown a spanner in the works. Travel programmes have ground to a virtual halt and there’s still uncertainty of what a return to travel will look like. What’s important now is that you step back, review and reassess your travel programme’s approval process so you are match fit for when you return to business travel.

There’s a lot to consider when putting in place a robust travel approval process. FCM’s recent State of the Market survey indicated that safety and security of employees is the number one priority for businesses at the moment. Cost reduction for businesses will also remain a priority in this economic climate.

Travel approval is an effective way of curtailing spend, while helping to implement your organisation’s duty of care programme. So where do you start when it comes to reviewing your travel approval process?

Talk to your Account Manager

A good Account Manager will know what their customers are trying to achieve from their approval process. For example, is it just to keep an eye on where travellers are heading? Or is it around trying to reduce cost and bringing travellers booking behaviours in line with travel policy?

Account Managers will also discuss options around what policies need loading into online booking tools, as many customers don’t want to be sending approval emails through to Managers for travellers who have booked everything within policy.

In addition to this, you should also discuss what level Managers will sit within the cost centre structure, and how this would work when approvers are away on leave.

Utilise your technology

For many clients, it’s not only the cost of the trip that is important, but the reason for travel that helps approvers understand the value in making the trip. This is where FCM’s technology suite can save you time and money.

FCM Account Managers work closely with your organisation and the online booking tool provider to develop an approval and authorisation process that is customised to your travel programme and business requirements.

FCM Approvals

FCM Approvals is a suite of pre-and posttrip approval solutions designed to assist organisations with managing their travel policy requirements. Depending on the level of complexity of your travel policy and the technology solutions implemented within your travel programme, we offer a combination of proprietary solutions as well as partner with to leading online booking tools, to cater for travel programmes of all sizes and forms. This easy-to-use tool offers three different tiers.

Approvals Start: includes permission to request travel and authorization before a booking is made while offering cross-country approvals and capturing key reporting data sets. For those approvers on the go, Approve Start allows for travel requests to be approved via FCM Mobile.

Approvals Online: partners with key online booking tool providers like Serko, for pre-trip approval and authorization and is customisable with features including multilingual approval.

Approvals Plus: offers centralised control for all trips pending approval before ticketing, has unlimited multi-tiers and has access for both profile-based and policy-level approvers.

The Sweet Spot

At the end of the day, when it comes to travel approval processes it’s important to find a balance that doesn’t cause too much stress for travellers, bookers and approvers, otherwise the process will become ineffective and could increase costs, instead of reduce them.

To help you find that balance, we’ve collated our top tips to ensure your approval process is fit for travel:

  • Visibility: Now that businesses are clear on what is deemed “necessary travel”, a good travel approval process will have high visibility around the reasons for travel.
  • Customisable: Your travel approval process needs to understand the unique requirements of your business.
  • Integration: Can you integrate your current tools to collate information for the purpose of streamlining the booking and travel management process?
  • Automation: Can parts of the process be automated for efficiency gains?
  • Travel policy: Can your travel policy be built into the approval process?
  • Multiple approval levels: Now that traveller safety has become more important than ever, it makes sense to add more than one authoriser into your travel approvals process. Multiple stakeholder approvals will provide reassurance to employees who may feel nervous about flying. These stakeholders should have access to detailed info regarding risk assessment and travel guidelines to ensure the traveller wellbeing is put first. Savi supports a highly configurable authorisation process with multi-tier approval that can be dynamically assigned based on trip parameters.
  • Who are your Approvers?: Are they people who are in meetings all day who won’t have time to approve travel in time before the fares expire? It’s helpful to make sure approvers are actually available to review and approve or reject travel in a timely manner.
  • One-click response: Can stakeholders approve a trip with one click? Is your process mobile compatible? Ease of use is key.

Take your travel programme to the next level. Talk with our experts.



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