Top 5 CTM Travel alternatives to consider in 2024

CTM Travel isn’t your only option when it comes to corporate travel management software and solutions. There are ample companies to choose from, and we’ve listed the top five alternatives for you to consider.

Let’s dive straight in.

1. TravelPerk

TravelPerk is an end-to-end travel management company with an all-in-one digital platform for businesses and corporate travelers.

The modern platform is built with traveler self-management at its core and enables users to manage the business travel booking process from beginning to end from its centralized platform. From travel management reporting and trip approvals to policy compliance and traveler safety features, TravelPerk provides a best-in-class experience for business travelers and finance managers.

As well as access to the most extensive travel inventory for flights and accommodation, TravelPerk offers a comprehensive and unique set of corporate travel features. These include a VAT recovery solution, a carbon offsetting program, and FlexiPerk, an add-on that allows users to cancel their travel plans up to two hours before departure with a guaranteed refund of 80%.

TravelPerk noteworthy features

An intuitive, user-friendly online booking platform—all traveler data, preferences, and loyalty points can be stored to use whenever needed

Integrated travel policy and approval flows to streamline the booking process

A simplified travel expense process with real-time expense reports

24/7 business travel assistance with a target 15-second response rate from the 7* customer care team

TravelCare is a complete and modern travel safety and alerts system that provides business travelers peace of mind

Centralized and single invoicing for all business travel, removing the need to send invoice requests and reminders

A huge catalog of integrations with third-party software

How customers rate TravelPerk

G2 rating: 4.5/5 (as of February 2024)

Capterra rating: 4.8/5 (as of February 2024)

TravelPerk pricing

Since TravelPerk is suitable for businesses of all sizes, there are four pricing plans to choose from, starting with a free tier. All plans have access to a huge travel inventory and the 7* customer care support team, and customers can add an unlimited amount of travelers or administrators to the platform.

Across all of TravelPerk’s paid plans, businesses only pay the monthly fee if they travel that month. Here’s an overview of TravelPerk’s pricing tiers:

Starter: The first 5 bookings each month are completely free, with a 5% booking fee thereafter. Users have access to consolidated invoicing, unlimited cost centers, one policy and approval workflow, and travel restrictions information and alerts.

Premium: Priced at $99/month with a 3% booking fee, this plan offers concierge services for special requests, savings of up to 25% with VAT-ready invoices, and secure traveler sign-in and automated user setup.

Pro: This plan costs $299/month with a 3% booking fee and provides unlimited policy and approval workflows, unlimited budgets by cost center, custom reports and insights, and access to negotiated rates.

Enterprise: This tier is designed for enterprise businesses that want to customize their requirements. To find out more about this plan, get in touch with an expert.

Languages supported by TravelPerk

TravelPerk supports the following languages: English, Spanish, German, Italian, and French.

CTM Travel vs TravelPerk

Looking to review sites and traveler experiences, we can see a clear winner between CTM and TravelPerk. CTM receives a 1.8/5 star rating on G2, and has no Capterra reviews. TravelPerk, on the other hand, has over 1400 G2 reviews—96% of which score it 4+ stars—and 350+ Capterra reviews—and an overall score of 4.8/5 stars. Users praise TravelPerk’s intuitive platform and 24/7 customer support, amongst other aspects. They also highlight the intuitive app and expense tracking features in their five star reviews.

Start saving money on business travel for your company today!

2. BCD Travel

BCD Travel, founded in 2006 and headquartered in the Netherlands, is a corporate travel management company that supports businesses worldwide. They offer a wide range of services, including travel booking, itinerary management, expense management, policy compliance, risk management, and consulting.

BCD Travel noteworthy features

Real-time alerts in BCD’s mobile app to make sure all travelers are safe

Data reporting within 90 minutes of making a booking

TripSource®, a tool allowing admin staff and travelers to manage trips in one place

24/7 customer service

BCD Pay provides T&E spend management features to travelers and finance managers

Access to Connect by BCD platform to network with industry peers and develop travel management skills

BCD Developer Hub provides APIs and developer tools to power the next generation of corporate travel

How customers rate BCD Travel

G2 rating: BCD Travel has no G2 ratings (as of February 2024)

Capterra rating: BCD Travel has no Capterra ratings (as of February 2024)

BCD Travel pricing

Pricing is available upon request.

Languages supported by BCD Travel

English, Dutch, French, German, Italian, Spanish, Portuguese.

CTM Travel vs BCD Travel

Looking to reviews to compare these two solutions doesn’t provide much insight—neither solution has enough reviews to provide a user-focused comparison. In terms of functionality, both businesses offer similar corporate travel management solutions and tools, including booking tools, safety and risk management, expense management and reporting, and post-travel insights.

3. CWT

CWT, previously known as Carlson Wagonlit Travel, is a global travel management company helping businesses create, maintain, and operate corporate travel programs. Their goal is to help organizations optimize their travel programs, control costs, improve traveler experiences, and ensure compliance with corporate travel policies.

CWT noteworthy features

myCWT™ app provides travelers with itineraries, details, and support around the clock and on the go

Risk management solutions—including incident notifications, traveler tracking, and international SOS—ensure you meet your legal and ethical obligations to support employees

Use RoomIt to choose from over 800,000 accommodation options with a global distribution system

Analytics and visualization capabilities from AnalytIQs to track your travel expenses with actionable insights

Access to a global cybersecurity team for assisting employees with navigating data threats and security issues

Industry-specific travel programs to support a wide variety of businesses

How customers rate CWT

G2 rating: 3.1/5 (as of February 2024)

Capterra rating: CWT has no Capterra ratings (as of February 2024)

CWT pricing

Pricing isn’t available on the website so you’ll need to get in touch for a custom quote.

Languages supported by CWT

The myCWT app is available in English, French, German, Italian, Simplified Chinese, Spanish

CTM Travel vs CWT

The only review site on which either of these tools appears is G2. CTM score 1.8/5 stars (based on 3 reviews) and CWT score 3.7/5 (based on 6 reviews). This could be interpreted as CWT edging ahead of CTM, but the lack of reviews makes it difficult to compare the two. Both solutions provide similar offerings—from mobile apps for on-the-go travel management to custom booking tools for accommodation.

4. AMEX GBT

American Express Global Travel is a relatively new corporate travel management company (est. 2014) that benefits from AMEX’s long-standing business knowledge and connections. AMEX GBT typically provides travel management solutions to enterprise businesses and acquired Egencia to support SMEs.

AMEX GBT noteworthy features

A unified system for managing bookings and travel expenses

Mobile app for on-the-go travel management and updates

Data and analytics with Amex GBT’s Premier Insights™ to compare your program to industry peers and identify opportunities to improve your program

Monitor rate drops and easily rebook tickets to save money with re-shop tools

Airline credit reporting: a holistic view of total refund amounts and any unused tickets available is visible in the easy-to-use reporting tool

Risk alerts provide you with direct communication during disruptions

Navigate business travel challenges while traveling with personal assistants ready to assist

How customers rate AMEX GBT

G2 rating: 4.1/5 (as of February 2023)

Capterra rating: Amex GBT is not listed on Capterra.

AMEX GBT pricing

Pricing information isn’t available on the site; you’ll need to get in touch for custom pricing.

Languages supported by AMEX GBT

AMEX GBT provides support in English, Czech, Danish, Dutch, Finnish, French, French Canadian, German, Hungarian, Italian, Japanese, Norwegian, Polish, Portuguese, Spanish and Swedish.

CTM Travel vs AMEX GBT

Looking at G2, AMEX GBT outperforms CTM considerably (4/5 stars vs 1.8/5 stars respectively)—however, we again encounter the issue of too few reviews to reach a definite conclusion. Despite CTM being founded in 1994 and having almost 20 years of experience on AMEX GBT, both solutions provide all the tools necessary for corporate travel management.

5. TravelBank

TravelBank, founded in 2015, is a relative newcomer to corporate travel management, but it’s already competing with the top names in the industry. The all-in-one travel management platform provides all the tools and solutions you need for end-to-end corporate travel management.

TravelBank noteworthy features

Book flights, hotels, and cars with custom budgets and approvals, all from the same platform

Manage corporate cards, create virtual cards, track transactions, and manage budgets with the corporate card functionalities

Get greater visibility into business spend with expense capture, spend reports, automated approval flows, and expense insights

Monitor spend, leakage, and trends on a fully customizable dashboard

Integrate with your existing ERP and HRIS for a seamless experience

How customers rate TravelBank

G2 rating: 4.5/5 (as of February 2024)

Capterra rating: 4.7/5 (as of February 2024)

TravelBank pricing

TravelBank pricing isn’t available online—get in touch for a custom quote.

Languages supported by TravelBank

TravelBank is currently only available in English.

CTM Travel vs TravelBank

TravelBank provides a modern, tech-led approach to corporate travel management. CTM provides a more traditional, customer service-oriented approach—but that’s not to say it doesn’t also provide innovative tech solutions. In terms of reviews, TravelBank is the clear winner. They score highly on both Capterra and G2, and have enough reviews to consider it an accurate representation of their services. The same can’t be said for CTM.

Wrapping up

Whether you’re sending employees to Tokyo or San Francisco, you can streamline the entire corporate travel management process with the right tool. That could be CTM Travel, or it could be any other of our solutions.

Make sure to do your own research and consider your own travel needs before deciding on a solution. We at TravelPerk are ready to talk when you are.