The 15 best travel management software in 2024

30 Dec 2023 · 14
Travel management software isn’t just for large enterprises anymore. Small to medium-sized businesses are also experiencing massive benefits when they book and manage travel with software designed for businesses—instead of booking on consumer sites and then scrambling to track down invoices or round-up itineraries… Today, travel management software is giving businesses of all shapes and sizes access to easy travel. 
Whether you’re a long-time user of travel management software, or you’re researching this software category for the first time, we’re covering everything you need to know about the key features, vendor options, and the market as a whole. 
Keep reading to discover the 15 top travel management companies on the market in 2024. We’ve divided the tools into three categories. 
  1. Great for booking corporate travel
  2. Tools that are a must for handling the tracking and reporting of expenses 
  3. Extra tools that help ensure the overall travel experience for you and your team is as smooth as possible
Buckle up and let’s begin!

15 Top travel management software to streamline your business trips

A lot of travel software will help you track and report on spending to help you make budget decisions, but won't include everything you need for taxes and accounting purposes.
While travel booking management software should integrate with your expense system, they are two separate tools. We've broken down our corporate travel software recommendations into those that help you manage travel versus those that help you report on travel expenses. 
To cover all our bases, we’ve also included a section on extra corporate travel tools and add-ons to help improve your travel experience.

Business travel management booking tools

1. TravelPerk

TravelPerk offers a huge travel inventory alongside powerful travel management features. It helps travelers and managers easily book travel for themselves and others within policy.
Here are some top features and ratings for TravelPerk:
TravelPerk also provides travel budget owners and finance teams with all of the features they need: travel spend tracking, expense reporting, compliance insights, and integrations with popular expense management tools. It’s no wonder TravelPerk is reviewed as the “best travel partner” by travelers and administrators.
Plus, TravelPerk offers a free option, ideal for those businesses looking to access a top-quality tool without breaking the bank.
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2. Flightfox

Flightfox Ui
If you like the experience of using the corporate travel services of a travel agency, but you also want modern software to match, then you might enjoy Flightfox. Flightfox is a travel agency management software providing an online tool where you can review upcoming trips, download expense reports, and more.
Here are some top features and ratings for Flightfox:
  • Miles and upgrades: maximize your loyalty benefits with each trip and transaction
  • One-click amendments: no more back and forth with hotels or airlines—Flightfox handles all changes and cancellations
  • Maximum savings: use the platform’s deep technical analysis to beat common market rates

3. Airbnb for Work

Airbnb For Work Website
While it won’t work as a complete trip management solution, Airbnb for Work offers the features that businesses need to safely and easily find accommodation for business trips. 
Their services include streamlined payment and duty of care integrations. Keep in mind that some travel management platforms (like TravelPerk) allow you to book with Airbnb for Work.
Here are some top features and ratings for Airbnb for Work:
  • Airbnb experiences: help your team connect with interesting experiences when traveling for business
  • Travel dashboard: contact employees while they travel and eliminate expense reports with the Airbnb for Work dashboard
  • Ample accommodation options: choose from homes, boutique hotels, unique stays, and more for your traveling employees
    • G2 rating: no ratings available
    • Capterra rating: no ratings available
That’s our travel management platforms covered. Ready to get stuck into tools to help you manage your travel expenses? Step right this way.

Top tools for managing travel expenses

4. Payhawk

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Payhawk is the leading solution in the expense management category, and it’s also a go-to for corporate cards and spending management. It enables businesses to automate manual processes, maximize efficiency, and accelerate business expansion through a variety of solutions—including invoice management, bill payments, and recurring revenue management.
  • Accounting data: set up cost centers, categories, and VAT in Payhawk
  • Digitized bookkeeping: leverage a powerful OCR with machine learning that learns from your input to automate manual data entry
  • Up to $500,000: qualify for credit limits up to $500,000 based on assessment
Payhawk integrates with TravelPerk to enable business travelers to easily keep track of travel spending and invoices. This enables more efficient travel expense management for you and your team.

5. Spendesk

Spendesk Ui
With spend management software and a credit card offering, Spendesk helps companies track and control spend. Companies can get real-time insight into all spending, which can be easily sorted and categorized to help with budget decision-making.
Here are some top features and ratings for Spendesk:
  • 7-in-1 spend management solution: company cards, expenses, invoices, accounting, approvals, budgets, and spending reports in one simplified stack
  • Spending reports: accurate and timely spending reports in a single interface
  • Accounting automation: automate VAT extraction, expense account allocation, and receipt reconciliation
Spendesk also integrates with TravelPerk to unite your travel management solution with your expense management solution for comprehensive travel management and spend data automation.

6. Ramp

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Ramp is a popular expense management and accounting automation software used by little and large businesses alike. It offers physical and virtual cards for spending and a comprehensive platform to control, analyze, and optimize your travel spend.
Plus, its 1,000+ integrations make it a great tool to add to your tech stack easily. For example, Ramp integrates with TravelPerk to enable your employees to easily book corporate travel and manage travel spending at the same time.
Here are some top features and ratings for Ramp:
  • Branded cards: personalize your company cards with your branding. Top up cards with precise spending allowances for 100% policy compliance
  • Receipt collection: instant receipt collection via deep integrations with Gmail, Lyft, or Amazon Business, and easy employee coding via SMS or email
  • Automated data entry for bill payment: bills are mapped to general ledger categories and any missing payment details are automatically collected from vendors

7. Yokoy

Yokoy Platform Overview Screenshot
Yokoy’s expense tracking software makes it easy for medium and large enterprises to track, submit, and reimburse expenses. 
The platform uses artificial intelligence to automatically extract information and fill out expense forms, including VAT validation and reclaim as well as finding outliers and identifying possible fraud.
Here are some top features and ratings for Yokoy:
  • Actionable insights: full transparency and comprehensive spend insights in real-time
  • Individual process flows: set up your own approval flows and enforce internal policies, as well as local tax laws and regulations
  • Account payable solution: a seamless and fully automatic accounts payable process
Yokoy also integrates with TravelPerk to automatically export all your travel booking spending data to the expense management solution. It’s quick and easy to set up and ensures you’ve got all the tools you need for comprehensive travel expense reporting and management.

8. BILL

Bill Spend Homepage
BILL Spend & Expense (previously Divvy) is a spend management solution designed for businesses of all sizes. It includes smart corporate cards that make business purchases easy to track, categorize, and report on. 
BILL’s free tool allows businesses to create budgets, track expenses, and generate virtual credit cards to manage subscriptions.
Here are some top features and ratings for BILL:
  • Expense approval notifications: get a push notification to give initial approval or reject the employee reimbursement request with a note
  • Automatically categorize transactions: set card, merchant, budget, and user rules to categorize transactions
  • Multi-platform visibility: track, manage, and control all the ways your business spends in one place
BILL’s integration with TravelPerk enables all businesses in the US to enjoy a centralized portal where they can easily book, manage, and report on travel. The smooth API integration makes for easy operation and a simple setup.

9. Expensya

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Expensya’s software makes it easy for businesses to manage their daily expenses, from office costs to business travel. The solution helps streamline expense reporting processes thanks to accounting automation, self-managed expenses, dedicated options for daily allowances, intelligent validation and control, smart recognition technology, and integration with a wide range of software solutions.
Here are some top features and ratings for Expensya:
  • Secure data: an entirely paperless process that responds perfectly to security and compliance issues
  • Self-learning tech: the OCR receipt capture tool learns as you upload more and more receipts to ensure accurate data management
  • Expert support: 24/7 support and fast access to important information
Expensya integrates with TravelPerk to allow all travel expenses to be centralized and consolidated when using a single platform.

10. Circula

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This intelligent app for employee expenses offers an easy way to track travel expenses, allowances, and any other additional expenses. By reducing manual input and checking, Circula helps businesses save time and comply with policies and regulations. 
A mobile app is also available to allow employees to easily report their expenses and submit invoices, so that everything can be processed digitally.
Here are some top features and ratings for Circula:
  • Employee benefits: strengthen your employer branding with modern and tax-optimized employee benefits—such as a lunch benefit, internet benefit, or relaxation benefit
  • Customized approval flows: create advanced approval logics based on your org structure, cost centers, and projects
You can also integrate Circula with TravelPerk to create travel expense reports in a flash and reimburse employees for expenses incurred during business travel. This way, your company can ensure that payroll data is calculated alongside real travel data.
Remember: whatever travel management software and expense management software you choose, make sure they can integrate with your existing tech stack.

Bonus tools and add-ons for smoother business travel

11. Rocketrip

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Rocketrip’s platform allows companies to control their travel costs by encouraging employees to make smarter choices. The tool can forecast the cost of each trip, recommend money-saving travel options, and reward employees who spend less. 
Rocketrip is not a replacement for a corporate travel booking platform, but it's meant to be used alongside to increase savings.
Here are some top features and ratings for Rocketrip:
  • Reporting dashboard: report on real-time savings, booking, and behavioral data alongside customizable spend alerts and traveler safety information
  • Dedicated support: get high-quality support from Rocketrip’s support team
  • Forecast the cost: the technology forecasts a ‘Price to Beat’ for every itinerary, based on your organization’s unique travel policy, pre-Rocketrip spend, and real-time market pricing

12. Traxo

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Traxo offers data aggregation and intelligence solutions, which facilitate auditing, avoiding data leaks, identifying saving opportunities, and optimizing a company’s corporate travel program. 
The tool allows travel managers to really stay on top of all of their company’s corporate travel activities.
Here are some top features and ratings for Traxo:
  • Generate savings: with data-backed price assurance, reshopping, and continuous provider sourcing
  • Sync your services: improve productivity by automating workflows and automatically sharing your travel data
  • Duty of care solution: complete duty of care coverage with zero blind spots no matter where employees book

13. CapTrav

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This solution allows companies to manage all their travel spend, regardless of where their employees booked. Thanks to CapTrav’s cloud-based solution, companies can track and report 100% of their travel spend from different channels.
Here are some top features and ratings for CapTrav:
  • Aggregate travel data: from bookings made through multiple sources, such as travel management companies (TMCs), online travel agents (OTAs), online booking tools, supplier websites, or more
  • Spend dashboard: quickly assess your travel leakage data in comparison to your overall spend
    • G2 rating: no ratings available
    • Capterra rating: no ratings available

14. PackPoint

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This app will make packing for your next business trip a lot easier. Based on the weather forecast for your destination, as well as the activities planned and the length of the trip, PackPoint will generate a customized packing list for you. Stop stressing about packing—let technology do it for you!
Here are some top features and ratings for PackPoint:
  • Add trip details: for personalized packing suggestions and lists
  • Easy-to-use app: make sure you’ve got everything you need with the intuitive app
    • G2 rating: no ratings available
    • Capterra rating: no ratings available

15. App in the Air

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Say hello to your new personal travel assistant, an app that will plan, book, track and manage your travels. Their service helps you organize and keep track of your travel schedule, manage check-in, and send notifications and updates on terminals, gates, and baggage belts. 
Other interesting features include travel statistics and a carbon-neutral traveler program. Travel greener, travel kinder!
Here are some top features and ratings for App in the Air:
  • Manage trips: get a real-time view into business travelers' booking details
  • Set up a travel policy: to ensure business travelers can access key information on the go
  • Apple Watch compatibility: get important travel updates instantly
    • G2 rating: no ratings available
    • Capterra rating: no ratings available
Plus, App in the Air offers TravelPerk users a free 12-month Premium subscription to the platform. It’s a must-have for frequent travelers looking to save time and money for their business.
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What is travel management software?

Travel management software is a great way to speed up processes and improve the experience of all those involved in business travel. This software is used to book travel, manage upcoming trips, and track or report on expenses. 
Other important features and uses include ensuring corporate travel policy compliance and the ability to consolidate travel invoices and vendors. 
Before travel management systems existed, small businesses would need their employees to read the company’s travel policy via a PDF handout or an internal company wiki. 
Then, they would use any website to book and organize a trip, and only after doing that would they have to report to the finance team to get reimbursed—sometimes at a surprise to the finance team! It wasn’t any better for larger businesses. 
Big corporations would have to use business travel companies or software that had huge markups, commissions, and even support call fees. That’s no way to travel. 
Nowadays, employees can book for themselves using business travel booking software (corporate travel management apps) that have company travel policies baked-in, and automated in-app approvals because of that.
Corporate travel booking software today also includes company payment details, so no reimbursements are necessary! No hassle, no cumbersome paperwork or boggling Excel templates, just comfortable, in-budget travel for teams.

Features to look for in your travel management software

End-to-end business travel systems that cover all functionality, from traveler data management to booking to policy creation to automatic expensing and more are definitely the best solution on the market. 
These solutions vary greatly in functionality and in the cost savings they can provide to businesses, with the main driver being access to a low-cost inventory.
Here’s a checklist of the critical things to look out for when vetting corporate travel management solutions:
  • Ease of booking for administrators
  • Self-booking for travelers
  • Free, 24/7 traveler support
  • Massive travel inventory
  • Automatic travel policy compliance with customizable policies and approval workflows
  • Future-ready tool that will scale and adapt to your business
  • Consolidated invoicing
  • Travel spend reporting

Have you found the perfect-fit travel management software for your business?

If you’re looking for a complete business travel management platform, then TravelPerk comes out on top for providing a holistic service and providing click-and-go integrations with tech you’re likely already using. Book your demo today. 
All that’s left for you to do is decide on the right software for your needs and get packing, your hassle-free business trip is a click away!
Book a demo with TravelPerk so you can see how to save both time and money on business travel management
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