How to calculate ROI on your business travel
As you start to prepare for a return to travel, controlling costs will be front of mind. It’s important that for every dollar you spend on travel, you’re getting bang for your buck.
Whether you book through a Travel Management Company (TMC) or book your own travel, understanding where you can be saving money and optimising your business travel spend is critical in today’s economic climate.
By implementing a robust cost savings strategy, you can get control over your costs and maximise your travel spend. To help guide you on your cost savings journey we have created a simple 14 step assessment that highlights key areas of opportunity for your business.
When you complete our ROI Assessment, we will provide recommendations on improving the following key areas of a successful travel program:
- Travel policy - are you confident you have all your bases covered in a COVID world?
- Program alignment - are you getting 100% compliance with your policy, or is there travel leakage?
- Supplier management - are you getting the best possible deal?
- Employee benefits - are you rewarding your employees in the right way?
What you can potentially save through our ROI Assessment
Air: The combination of exclusive Corporate Traveller discounts, best practise purchasing and expertise from our team provides you with the opportunity to reduce your overall travel spend year on year.
Hotel: Consolidation of your hotel program and exclusive value adds such as breakfast and WIFI will not only save you money but will increase your traveller satisfaction.
Car: Reduced rates, upgrades and discounted insurance are some of the key drivers to help you achieve cost reduction.
Ground Transportation: Planning every part of your traveller’s journey is an essential part of capturing your total cost of trip. Corporate Traveller's exclusive partnership with Uber4Business will give you peace of mind over your duty of care to your travellers and save you money and time in the process.
Time: From booking to reconciliation and everything in between we can help save your company time and recommend efficiencies in your travel program that will save you money.
Employee Benefits: Taking care of your employees and providing them with exclusive holiday discounts for when they take a break will set you apart from other companies.
Value Adds: There are so many other ways you can save money on your travel program, partnering with Corporate Traveller will open access to a wide range of these that will further increase your cost savings.