- The benefits of using a travel management company
- Features to look for when choosing a travel management company
- The five best corporate travel management companies in India
5 Benefits of using a travel management company
- Save money on travel bookings: worldwide inventories mean more options at better prices, so you can rest assured you’re finding a great booking.
- Simplified booking: Give employees an easier way to manage their business travel with self-booking engines and assistance from travel experts and tour operators.
- Centralised operations: Check all aspects of your travel booking at a single place—reservations, costs, potential risks, and analytical reports.
- Increase compliance: Enforce your travel policy more stringently with approval workflows to detect unauthorised or out-of-policy reservations.
- Data-driven decision-making: Analyse every trip based on expenses, travel time, and other parameters to make strategic decisions.
Features to look for when choosing a travel management company
- Inventory size: Check the variety of options you can choose from. The bigger the inventory, the more flexibility you'll have to compare and select your travel options and find the best deal.
- Flexible travel booking: Meetings get pushed, and trips get cancelled—that's how businesses work. Your TMC should allow you to make any last-minute changes to the itineraries without hassle.
- Customer support: A good travel management company will offer not only 24/7 support to help your employees throughout the trip, but also a speedy response time that gets you solutions to your travel issues.
- Expense management: A travel management company should offer in-depth insights into your travel costs to enable more informed decision making in the future.
- Reporting and analytics: Creating analytical reports for every trip with data-backed insights will show you exactly where you're spending and indicate patterns.
- Compliance and approval: Partnering with a good corporate travel management company in India can improve travel-related compliance with simple approval flows and travel policy integration.
5 Best corporate travel management companies in India
1. TravelPerk
- Best-in-class travel inventory: choose flights, accomodation, car rentals, and more from TravelPerk’s industry-leading travel inventory.
- Flexible bookings with FlexiPerk: Make last-minute changes and get a guaranteed refund of 80% of your booking cost when you cancel a trip up to two hours before departure.
- Make travel sustainable with GreenPerk: Hit your carbon control and sustainability targets with the unique carbon offsetting program, GreenPerk.
- Ease of expense management: Optimise your expenditure on every trip by actively tracking all expenses before, during, and after a trip.
- Efficient risk management with TravelCare: Get real-time alerts about potential risks and threats—like lockdowns, political unrest, or natural disasters—with TravelCare.
- 24/7 customer care support: Get a target 15-second response time, high-quality support from the TravelPerk support team on any travel issues that might come up.
- Third-party software integrations: connect TravelPerk with your favorite tools for a streamlined travel management process. The platform integrates with a wide variety of software, including Expensify, BambooHR, deskpass, and many more.
- Travel and risk management: make more informed decisions when it comes to bookings and tweaking trips. Keep your employees’ safety at the forefront of your business with risk and safety alerts on locations you’re planning to visit.
2. ITILITE
- Unified booking tools: Plan and book your reservations more efficiently with smart features like cost predictor, personalised options, and more.
- Virtual consultant: Rely on ITILITE Mastermind, an AI-powered consultant, to reduce violations of your travel policy using key metrics.
- Expense management: Accurately track and handle expenses with easily scannable expense filing and multi-level checks.
- Incentivise savings: Minimise your travel spend with incentives for employees to choose the cheaper, policy-compliant options.
- Managed bookings: Get end-to-end travel services and support for every trip from ITILITE’s experienced consultants.
3. International Travel House
- Variety of services: Choose from a wide range of services, like hotel bookings, passport and visa facilitation, car rental, travel insurance, foreign exchange, and more.
- Flexible bookings: Get procurement support to cancel or modify reservations at the last minute and receive compensation for any flight delays.
- Robust reporting: Enjoy complete visibility into your trips with insightful reports, like traveller tracking, carbon footprint, policy compliance, and net promoter score.
- Specialised services: Pick unique services to supplement your travel program, like end-to-end travel management using TravelSmart.
- GlobalStar network: ITH is a member of the GlobalStar network and gets the best deals from international travel management companies.
4. CWT
- Hassle-free mobile app: Plan and monitor your bookings on the go with the myCWT travel app.
- Sustainable travel: Design and implement an eco-conscious travel policy rooted in sustainable targets to reduce carbon footprint.
- Consolidated platform: Get every detail of your bookings in a single place with CWT’s intuitive technology.
5. FCM Travel
- Plug-and-play platform: Use advanced technology with complete agility to plan your trips from start to finish and integrate it within your current setup.
- Actionable reporting: Turn data into decisions with on-demand reporting and custom metrics to give you valuable insights.
- Deliver duty of care: Be prepared to tackle any risks or security issues and protect your employees in every scenario.