Key takeaways
- A managed travel program delegates travel planning, booking, and expense management to a TMC, freeing your team to focus on real work.
- Companies using managed travel programs typically see improved policy compliance and better visibility into travel spend.
- Centralized reporting and consolidated invoicing reduce administrative burden on finance and travel teams.
- Built-in risk management and duty of care features help keep employees safe during work travel.
- A managed travel program benefits growing companies, frequent travelers, and organizations looking to streamline travel operations.
What is a managed travel program?
What’s the difference between a managed and unmanaged travel program?
Managed travel program
Unmanaged travel program
Centralized booking through a TMC
Employees book travel independently
Automatic policy enforcement
Limited or no policy compliance
Full visibility into travel spend
Fragmented cost tracking
Consolidated invoicing and reporting
Multiple vendors and receipts to manage
Built-in risk management and duty of care
Limited traveler tracking and support
Negotiated rates and cost savings
Standard consumer pricing
Who needs a managed travel program?
- Growing companies with increasing travel volumes that need better cost control and visibility
- Mid-size and enterprise organizations managing travel across multiple teams or locations
- Companies with frequent travelers who need consistent policy enforcement and duty of care
- Businesses looking to reduce administrative burden on finance teams and travel coordinators
- Organizations prioritizing employee safety during work travel
7 benefits of switching to a managed travel program
- Centralized reporting consolidates booking data, expense management , department spend, and reimbursement into one dashboard, enabling your business to make data-driven decisions for future travel.
- Easy booking provides an overview of popular 3rd party booking platforms accumulated on one platform—at rates you won't find anywhere else. Perk's online booking tool has the world's largest inventory to choose from.
- Everything under one roof means you can book, cancel, change, get support, view itineraries, and get directions—all from one mobile app.
- Travel policies need to be adhered to for your travel program to scale, and a managed travel program ensures automatic compliance across all bookings.
- Expert consulting via in-house travel specialists provides insights and ideas to optimize your travel spend and make cost savings while maintaining a best-in-class travel experience.
- Vendor and invoice consolidation eliminates the hassle of chasing down VAT receipts, juggling invoices, and managing expense reporting for airfares. A TMC handles all of this when you opt for a managed travel program while benchmarking spend goals and making travel process enhancements along the way.
- Risk management ensures you're looking after your employees as best as possible the second they step outside your (digital) offices. Crisis management features deliver real-time alerts on locations important to your travelers and deliver a duty of care to your team.