Developing your Travel Policy
Within most organisations today managers responsible for travel are always looking
for ways to ensure ‘best value for money’ when booking business travel
and entertainment. Developing long-term business relationships with third party
suppliers can make it easier for company personnel to book travel and entertainment
at competitive rates. With economies of scale competitive discounts can be negotiated,
whilst maintaining high quality of standard.
At Strand Business Travel Management we work with Travel Managers to develop policies
that can provide outline guidelines to employees for booking travel. Such guidelines
describe what the corporate travel policy is and how it benefits the company,
with an explanation of penalties for non–compliance. These guidelines can
be made easily accessible to employees through a company Intranet.
UK or International policy?
Each policy can be tailored to your company’s requirements - a global policy
can mean different things for different companies. For a UK–based company
increasing its overseas travel, it may mean establishing new rules for air travel,
hotel arrangements, rental cars and other travel expenses.
For a multi-national firm, creating a global policy can mean consolidating multiple
policies to improve negotiating ability and expense management worldwide. In either
case, great care must be taken to address all Travel and Entertainment issues
– local policies should reflect regional cultural differences, local laws
and acceptable business practices, while a global policy should embrace expense
management and the company’s corporate viewpoint on travel.
For these reasons it is important to use specialists in Travel Policy
Development. Strand Business Travel Management, with years of
experience, have the expertise to work with you to configure a policy
designed for your company.
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