{"id":4397,"date":"2019-11-14T16:41:45","date_gmt":"2019-11-14T16:41:45","guid":{"rendered":"http:\/\/www.gdg.travel\/?p=4397"},"modified":"2019-11-19T16:56:04","modified_gmt":"2019-11-19T16:56:04","slug":"how-technology-can-reduce-the-costs-of-your-business-travel","status":"publish","type":"post","link":"https:\/\/www.gdg.travel\/en-au\/blog\/how-technology-can-reduce-the-costs-of-your-business-travel\/","title":{"rendered":"How Technology Can Reduce The Costs Of Your Business Travel"},"content":{"rendered":"\n[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”3.22″][et_pb_fullwidth_header title=”HOW TECHNOLOGY CAN REDUCE THE COSTS OF YOUR BUSINESS TRAVEL” text_orientation=”center” header_fullscreen=”on” header_scroll_down=”on” scroll_down_icon=”%%2%%” scroll_down_icon_color=”#ffffff” _builder_version=”4.0.6″ background_image=”http:\/\/www.gdg.travel\/wp-content\/uploads\/2019\/11\/photo-of-person-typing-on-computer-keyboard-735911.jpg” z_index_tablet=”500″ hover_enabled=”0″][\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Quote Section” _builder_version=”3.22″ custom_padding=”75px|0px|110px|0px|false|false” border_color_all=”rgba(255,186,96,0.6)” border_width_right=”8vw” border_color_right=”#5b8cb1″][et_pb_row column_structure=”3_4,1_4″ admin_label=”Quote Area” _builder_version=”3.25″ custom_padding=”55px|0px|55px|0px|true|false” use_custom_width=”on”][et_pb_column type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Author Name” _builder_version=”3.27.4″ text_text_color=”#ffba60″ text_letter_spacing=”4px” header_font=”||||||||” header_2_font=”||||||||” header_3_font=”||||||||” header_4_font=”||||||||” header_5_font=”||||||||” header_6_font=”||||||||” module_alignment=”center” animation_style=”slide” animation_direction=”bottom” animation_intensity_slide=”10%” animation_starting_opacity=”100%” inline_fonts=”Georgia”]

INTRODUCTION<\/h4>[\/et_pb_text][et_pb_text _builder_version=”3.27.4″ text_font_size=”17px” text_letter_spacing=”1px” text_line_height=”1.8em” header_3_font=”||||||||” header_3_line_height=”1.6em” header_4_font=”||||||||” custom_margin=”|||” custom_padding=”|||30px” animation_style=”flip” animation_intensity_flip=”5%” animation_starting_opacity=”100%” border_color_all=”#313e47″ border_width_left=”10px” border_color_left=”#414042″]

In the ever evolving world of technology, even the most successful businesses must embrace technology to bring customers a service fully optimised for modern life. So, just how can technology be used to help reduce costs and save time on your business travel \u2013 and more importantly \u2013 does your travel provider offer you a solution that capitalises on technology? Read on to find out more.<\/p>[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Project Image Area” _builder_version=”3.25″ custom_padding=”|||”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”http:\/\/www.gdg.travel\/wp-content\/uploads\/2019\/01\/importance-of-business-travel.jpg” show_bottom_space=”off” force_fullwidth=”on” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.0.6″ custom_margin=”|||” custom_padding=”|||” animation_style=”slide” animation_direction=”right” animation_intensity_slide=”2%” z_index_tablet=”500″ hover_enabled=”0″ border_width_all=”30px” border_color_all=”#ffffff” box_shadow_style=”preset2″ box_shadow_horizontal=”0px” box_shadow_vertical=”15px” box_shadow_blur=”60px” box_shadow_color=”rgba(29,61,71,0.2)”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Project Analysis Section” _builder_version=”3.22″ custom_padding=”90px||2px||false|false”][et_pb_row column_structure=”1_4,3_4″ admin_label=”Project Analysis Area” _builder_version=”3.25″ custom_padding=”60px|0px|60px|0px|true|false” border_color_all=”rgba(51,51,51,0.12)” border_width_top=”1px”][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”4.0.6″ header_font=”||||||||” header_3_line_height=”2em” header_4_font=”||||||||” header_5_font=”||||||||” header_6_font=”||||||||” animation_style=”fold” animation_direction=”left” animation_intensity_fold=”5%” hover_enabled=”0″]

WHY DOES TECHNOLOGY MATTER FOR BUSINESS TRAVEL<\/h4>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ text_font_size=”16px” text_line_height=”2em” animation_style=”fade”]

Let\u2019s be honest, travel managers don\u2019t always have an easy job and it\u2019s never made easier by chief financial officers with a business objective to reduce per-trip travel costs by 20%. To help make this task more manageable, it\u2019s understandable that they\u2019d use anything at their disposal \u2013 and this includes working with a travel management company (TMC) and utilising technology.<\/p>\n

There are all kinds of technologies that can help reduce business travel cost, but one of the most important is access to a holistic piece of travel management technology that is often incorporated as part of an investment in a TMC, like us.<\/p>\n

This kind of technology can span from data-driven tools that help with hotel booking, to assisting with expense management and improving travel policy performance and it needs to work from the moment a person makes an initial request for business travel to the moment they claim back for their expenses (and everything in between). For example, Management Information reports, like those that we create, can show information like the number of trips that are booked in or out of the travel policy, the most frequent travellers and most popular journeys as well as the most popular airlines and hotels for a business.<\/p>\n

The reason it saves money on business travel is that it allows for a much more streamlined corporate travel process. It also facilitates cheaper and more effective booking of trains, planes, hotels and more.<\/p>\n

Another reason technology can help, specifically for travel managers or anyone else booking business travel, is that it makes management reporting quicker and more effective.<\/p>\n

Reporting through dashboards that are customisable, so they are tailored to the specific KPIs a business is focusing on, means reporting on the cost of business travel to C-level executives is much more streamlined. There\u2019s no wasted time having to pull data from multiple sources then having to stitch it all together \u2013 it\u2019s right there ready for you.<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,3_4″ admin_label=”Project Analysis Area” _builder_version=”3.25″ custom_padding=”60px|0px|60px|0px|true|false” border_color_all=”rgba(51,51,51,0.12)” border_width_top=”1px”][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”4.0.6″ header_font=”||||||||” header_3_line_height=”2em” header_4_font=”||||||||” header_5_font=”||||||||” header_6_font=”||||||||” animation_style=”fold” animation_direction=”left” animation_intensity_fold=”5%” hover_enabled=”0″]

ONLINE BOOKING TOOLS TO REDUCE BUSINESS TRAVEL COST <\/h4>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ text_font_size=”16px” text_line_height=”2em” animation_style=”fade”]

Online booking tools can also be a great cost saver when it comes to corporate travel. Again, it\u2019s often dependent on working with a TMC to make the most of this kind of technology.<\/p>\n

Online and app-based travel booking platforms empower travel managers, and significantly reduce the time it takes for bookings that should be straightforward. As well as saving time, online booking tools can offer instant price comparison and agent-assisted booking integration. Another real positive of working with a booking tool like ours is that you will always be presented with a total cost. Unlike more widely used tools, such as Skyscanner which will increase in price as you click through, you will quickly see exactly what the cost of a journey will be.<\/p>\n

Agent-assisted booking integration simply means that an agent at the TMC you are working with can help you get the best price. This could be through the close supplier relationships they have cultivated over a number of years in the industry.<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,3_4″ admin_label=”Final Result Area” _builder_version=”3.25″ custom_padding=”60px|0px|60px|0px|true|false” border_color_all=”rgba(51,51,51,0.12)” border_width_top=”1px”][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”4.0.6″ header_3_line_height=”2em” animation_style=”fold” animation_direction=”left” animation_intensity_fold=”5%” hover_enabled=”0″]

EXPENSE MANAGEMENT TECHNOLOGY <\/h4>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ text_font=”||||||||” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” animation_style=”fade”]

Expense management software and technology can also play a crucial role in reducing business costs. The reason for this is that it makes it a lot easier to track the cost of expenses per-trip and per-person, but also that all expenses remain compliant with travel policy.<\/p>\n

The time spent compiling expense reports is also reduced significantly as the data is captured and can be populated in a reporting dashboard like those mentioned in the point above.<\/p>\n

Using this expense data, it is also possible to make suggestions around improving travel policy and travel policy compliance so that the costs of other future trips can be reduced.<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,3_4″ admin_label=”Final Result Area” _builder_version=”3.25″ custom_padding=”60px|0px|60px|0px|true|false” border_color_all=”rgba(51,51,51,0.12)” border_width_top=”1px”][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”4.0.6″ header_3_line_height=”2em” animation_style=”fold” animation_direction=”left” animation_intensity_fold=”5%” hover_enabled=”0″]

WHATS THE BEST WAY TO REDUCE THE COST OF BUSINESS TRAVEL?<\/h4>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ text_font=”||||||||” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” animation_style=”fade”]

Without doubt, the overall best way to reduce the cost of business travel is to work with a travel management company like us. If you have any other concerns around the cost of your business travel, please don\u2019t hesitate to get in touch today.<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Practice Section” _builder_version=”3.22″ background_color=”#f7f7f7″ custom_padding=”90px|1px|90px||true|false” border_color_all=”#e0e0e0″ border_width_left=”8vw” locked=”off”][et_pb_row admin_label=”Practice Area” _builder_version=”3.25″ custom_padding=”0|0px|0|0px|false|false” locked=”off”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”3.27.4″ header_2_text_align=”center” header_2_font_size=”48px” header_2_line_height=”1.6em” custom_margin=”||10px|” custom_padding=”|||” animation_style=”fade” header_2_font_size_tablet=”40px” header_2_font_size_phone=”” header_2_font_size_last_edited=”on|tablet”]

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