Saving Dollars And Making Sense Of Travel Management’s Worth

By | April 8, 2015

Looking after human capital should be the top priority at any organization. That means ensuring travelers are safe — and maybe even productive and comfortable. A managed travel program helps a lot. Calculating and reporting the financial benefits of travel management and procurement, though, is less straightforward.

Buyers and managers get plenty of data. They find some useful. To prove the travel program's worth to senior management, the trick is knowing which numbers mean the most.

The approach varies, sometimes depending on company size, culture and program maturity. Some companies use . . .

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Author: David Jonas

David Jonas in 2006 co-founded business media firm after ten years as a journalist with Business Travel News. David rejoined BTN in 2010 as executive editor when its parent company acquired ProMedia, and in 2014 co-created The Company Dime. David has a bachelor's degree in communications from Cornell University.