Business travel transactions have been surging regularly in 2022. Most companies and startups have revealed their plan to invest more in business travel. But the COVID-19 pandemic has completely changed the way professionals travel for work. Professionals focus on staying safe and connected while planning post-pandemic business trips.
Likewise, businesses update their travel policies to simultaneously boost travel experiences and traveler safety. They implement travel management software to keep employees stress-free and make business trips successful. The features and tools provided by the software help businesses implement travel policies and ensure travel policy compliance.
At the same time, employees can use the travel management tool to book business travel products, get updated travel advisories, manage business travel risks, and submit expense claims. At the same time, the software makes it easier for businesses to control corporate travel costs by getting discounted rates, preventing travel expense fraud and analyzing real-time travel spend data.
But your business can automate business travel management successfully only by investing in software that stands out from the crowd. Travel management software may beat the competition by providing innovative features or leveraging intelligence technologies.
Here is a list of the top 5 travel management software you should consider while automating travel management in 2022.
Top 5 Travel Management Software Your Business Should Consider in 2022
1. ITILITE
ITILITE is a fully integrated travel and expense management software. In addition to providing useful features and tools, ITILITE leverages cutting-edge technologies like Artificial Intelligence (AI) and data analytics to offer personalized booking options and advanced travel analytics.
Moreover, the admins can set up granular policies and multi-level approval flow to ensure 100% policy compliance. ITILITE also offers a customized dashboard to analyze spending patterns and reduce cost leakages. You can also customize reports as per your business requirements.
Apart from offering travel management software, ITILITE also offers travel management capabilities. Hence, work travelers can book their choice of business travel products and services by accessing an extensive travel inventory. Moreover, ITILITE also provides 24/7 business travel support for business travelers, 365 days a year, through call, chat, and email.
2. TravelPerk
TravelPerk is developed as an all-in-one travel platform. It meets the travel needs of businesses by providing specialized solutions for travelers, travel managers, and finance teams. While making business arrangements, your employees can use the software to book flights, hotels, trains, and cabs by accessing a large travel inventory.
Also, they can get real-time assistance by contacting the provider’s support team. TravelPerk keeps work travelers safe by delivering travel alerts and providing travel assistance. Travel managers can use the software to implement travel policies, meet the duty of care obligations, track work travelers, and manage travel risks.
The finance team can use TravelPerk to ensure travel policy compliance, speed up travel expense reimbursements, and track travel spending data. Your organization can choose from four editions of the travel management software according to its travel management needs.
3. Kayak for Business
Kayak for Business is a travel aggregator platform. It has been gaining popularity with professionals traveling for work due to its travel search and booking engine. The aggregator platform allows business travelers to find the right flight and accommodation offered by over 2500 travel providers.
Also, they can control travel costs by booking the desired business travel products and services at corporate rates. Kayak for Business enables work travelers to store booking information, access digital receipts, and track travel expenses from a centralized location.
However, unlike other travel management solutions, Kayak for Business does not help your business leverage employee travel and expense data. It does not provide the actionable insights required to refine travel policies, meet traveler expectations, and control corporate travel spending.
4. SalesTrip
SalesTrip drives business travel and expense management automation using a widely-used Customer Relationship Management (CRM) system – Salesforce. It meets the travel needs of companies by providing travel management and expense management solutions.
As an authorized travel agent, SalesTrip allows work travelers to book their choice of flights, trains, hotels, and cabs at lower rates. It further makes personalized recommendations to travelers using AI technologies.
Your organization can use the software to meet duty of care obligations by keeping employees safe. At the same time, the expense management solutions provided by SalesTrip enable employees to submit expense claims on the go while preventing expense fraud and policy violations.
As employees submit expense reports using the same software, SalesTrip stores all information in a centralized location. You can use the software to analyze travel expense data and measure returns on travel expenses using the appropriate metrics.
5. TripActions
TripActions is a unified travel and expense management solution. It comes with features to boost business travel expenses and control business travel spending. While making business travel arrangements, employees can use software to book business travel products and services by accessing a global travel inventory.
Also, they can get assistance while booking business travel products by contacting the support team. At the same time, administrators can set travel and expense policies using a custom policy builder. The software will refer to the policies to minimize the chances of policy violations.
In addition to generating automated expense reports, TripActions maps financial transactions to present policies automatically. Hence, it becomes easier for you to track and analyze travel expense data submitted by employees in a single location.
Conclusion
You can implement one of the best travel management software tools to boost the experience and productivity of work travelers without escalating travel spending. But you should remember that the top travel management solutions differ from each other in many aspects – accessibility, user-friendliness, features, tools, and security.
Also, no software can meet your company’s long-term business travel needs without leveraging new-generation technologies like artificial intelligence, machine learning, and data analytics. Hence, you should use your organization’s short-term and long-term business travel needs as the key parameter for comparing and shortlisting these widely-used travel management software.