Insightful reporting that is accompanied by expert analysis also mitigates common travel pain points around traveller visibility; travel risk management; ability to demonstrate ROI; and booking leakage. Here are the five hallmarks of great travel reporting.
What (and how) should I budget for 2021? 2020 has had a huge impact on so many areas, and finance has not been immune to it. Businesses of all sizes have had immense pressure to continually reforecast budgets with each major announcement made as a result of COVID-19.
Nervous trepidations or confidently excited? What’s going on inside the mind of your travellers right now. Now that some borders are opening up, businesses have started to test the water of business travel – but how are travellers feeling about returning to the skies and roads?
At FCM, our duty of care offering is a blend of cutting edge technology built with your traveller’s safety in mind, backed by the expertise of our people. From before you’ve booked a trip to after you’ve returned home we’re there to support you every step of the way.
As lockdowns start to lift and companies begin their journey back to business, what does the future of travel risk management look like? And how can Travel Managers ensure the foundations are in place for a safe return to business travel?
As businesses around the globe work hard to recover from the impact of COVID-19, rethinking how travel technology will help in that recovery and the subsequent bounce back is more important than ever before. This is why FCM is working closely with industry partners like Amadeus, one of the world’s largest travel technology companies, to develop solutions that will support the changing travel needs of businesses.
Start planning your trips after summer
There has been a call recently from certain travel industry bodies to eliminate Hotel RFPs for a year or more. This approach would see 2021 rates mirror those set for 2020, and no new negotiations until the 2022 season. FCM, together with 4th Dimension Consulting provide some perspectives on the topic.
Travel program leakage is the bane of any travel program manager the world over. Before COVID-19 hit, businesses were seeing dollars and productivity hour’s march out the door as employees chose to book outside of the travel policy and expense claim back at a later date.
FCM is monitoring the current novel coronavirus (COVID-19) outbreak and the impact on business travellers and will continue to keep clients informed during this active situation.
Approximately 18% of the world’s population has no access to electricity - which equates to 1.4 billion people living in the dark. Our latest initiative is to partner with Solar Buddy, a charity dedicated to illuminating the future of those living in energy poverty.
This week Anne-Marjut Väänänen, FCM country manager in Finland, participated in the Finnish Business Travel Association (FBTA) event in Helsinki. Anne-Marjut held the opening speech about reporting and indicators in the travel industry.