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Corporate travel policies are essential for managing costs, ensuring compliance and promoting traveler well-being. The Company Dime‘s Policy category offers insights and best practices for crafting effective travel policies in today’s dynamic business environment.
Our articles cover a wide range of topics crucial for travel managers and procurement professionals. They include in-depth analyses of industry trends, expert opinions and real-world case studies. Explore the impact of new technologies, such as AI-powered audits and virtual payment solutions, on policy compliance and spend management. Learn how leading companies adapt their policies to address unique challenges posed by the rise of remote work, the “sharing economy” and sustainability concerns.
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Regardless of the allure, direct bookings with suppliers are out of bounds for most employee groups at two companies represented on a March 6 webinar hosted by Cerebri AI. Both firms mandate that bookings go through their designated travel management companies via counselors or the SAP Concur Travel booking tool. According to their travel managers,…
Reaction: Responding to Scott Gillespie’s Op Ed on how today’s corporate travel market demands “long-sighted travel policies” prioritizing value and sustainability over traditional cost-cutting, readers generally agreed with the need for change. Microsoft’s Eric Bailey echoed the goal of reducing emissions and minimizing low-value trips but suggested different methods. He recommended carbon taxes and budget…
Scott Gillespie of tClara continues his tradition of challenging industry norms with an iteration of his recent thinking on corporate travel value, policies and sustainability. What do you think? Comment below. Four years have passed since the Covid-19 tremors began earthquaking the travel industry, forcing The Great Zoom Experiment onto the workplace. Meanwhile, corporate concerns…
[UPDATE, Jan. 11, 2024: Hertz Global Holdings will sell about 20,000 electric vehicles from its U.S. fleet, representing about one-third of its worldwide EV inventory. The disposition will affect multiple makes and models. Hertz will reinvest a portion of the funds from the sales into buying internal combustion engine vehicles “to meet customer demand.” The…
On the boards of a set of 14 business travel suppliers tracked by The Company Dime, female representation doubled between 2012 and 2023 to 30 percent. One of them has a woman serving as chair, the same number in that role among the group as in 2017 and 2012. The number of female CEOs in…
Surprised to find last week that United Airlines made their negotiated rates available to travelers via its website and mobile app, some corporate travel buyers took a closer look at functionality the airline built to support their needs. While United has done more than some other carriers to legitimize supplier-direct channels for managed travel, “better…
Retail giant Walmart began a pilot with Spotnana to make use of airline NDC distribution. “We have decided that we are going to roll out through Spotnana starting with some of our U.S. travelers,” said Theresa Gehler, global travel procurement director for the $611 billion retailer, during a Thursday Spotnana-sponsored webinar hosted by The BTN…
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