As many countries continue to flatten the COVID-19 curve, and keep it flat, some markets around the globe have slowly started to open and the new seeds of travel have begun. Before the COVID-19 situation, more than half of business travelers booked their journeys outside the company’s travel policy program.
As many countries continue to flatten theCOVID-19curve, and keep it flat, some markets around the globe have slowly started to open and the new seeds of travel have begun. Before the COVID-19 situation, more than half of business travelers booked their journeys outside the company’s travel policy program. The future will likely be very different. Employees will need to book travel through their companies preferred channels to ensure their safety and stay up to date on the situation in their destination of travel.
Not only will business travel in the future be extensively monitored by travel managers, but corporate policies should be agile enough to evolve within a constantly changing environment. For instance, if the risk level for a country increases, every trip to that destination may have to go through the approval of director-level staff, HR or the appropriate risk management process. To efficiently manage this, corporations will require tools that can react in real-time. Pragmatic innovation is now the key.
To help corporations define the right set of guidelines for business travel in a COVID-19 era, we’ve identified three top tips. These tips aim to help design a comprehensive corporate policy, establish a strategy to manage it, and ensure that corporations have the right tools to do so.
The first step for designing a travel policy is understanding the needs of your travelers and the business. You can do this by conducting an audit, which will highlight what employees do and don’t like about current travel policies. You can assess business priorities and get CEOs, COOs and CFOs aligned on a shared goal, so that there are no conflicting views about employee safety, growth or cost minimization. Also, since corporate travel management works on multiple complexities, you can answer employees’ questions and concerns preemptively to create comprehensive coverage as a blueprint for clarity.
After laying the foundations of your travel policy, it is time to work out the details before delivery. Clarity, as we mentioned, should be the mainstay. Employees should be able to easily comprehend the policy. A short and crisp document has a better chance of engagement, encouraging travel compliance. The policy should be consistent with the company culture, across teams and offices – meaning pre-defined travel-class and hotel stays. Also, the policy should minimize travel spends and at the same time consider traveler well-being to make employees feel safe, valued and boost productivity. While tapping relevant channels for distribution, you can ensure all employees read the policy cytric Travel & Expense has the capability to embed the document into your system so that compliance is ensured across the booking process.
After establishing and distributing your travel policy, it is time for execution. You can put it into action by investing in the right tools and reduce delays as well as pain points – increasing productivity, compliance and your overall bottom line. Using a fully integrated solution like Amadeus cytric Travel & Expense you will incorporate everything that your employees need, from flights and hotels to rail tickets and car rentals. Since they won’t be juggling multiple platforms, you can set parameters for each field that aligns with your policy. With an end-to-end booking and expense management, you can enable cost control and streamline processes, as well as traveler care. And lastly, by offering a flexible travel booking experience on mobile via one single app , employees will be able to search, book, check, modify & cancel itineraries and expenses all in one application.
Once a cohesive corporate policy is in place, there are also additional steps corporations can take to manage travel in a COVID-19 environment.
So, as and when business travel picks up, it’s the responsibility of corporations around the world to have a well-structured and flexible business travel policy in place to ensure the company and its travelers are equipped for a COVID-19 world.
Now is the time for organizations to take steps in understanding the needs of travelers and the business. They can assess business priorities, get CXOs aligned on a shared goal and answer employees’ questions preemptively to create a comprehensive coverage. Our cytric Travel & Expense tool can help integrate the changes to travel policy into any corporate system so that compliance is ensured during future booking processes.
COVID-19 has permanently changed how we live and move; corporations can harness this opportunity to rethink travel.
To find out more, download your guide for a winning travel policyhere .
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