What are the different types of online booking tools?
1. Booking direct
2. Corporate travel booking tools
3. Travel merchants
4. Travel agencies
5. Aggregator websites
What are the benefits of using an online booking tool for corporate travel planning?
They help boost compliance.
They give travellers more flexibility.
They increase business traveller's satisfaction.
They help make reducing carbon emissions simpler.
They assist with keeping your corporate travellers safe.
They save you both money and time.
What features do a great corporate self-booking tool have?
User friendly
Customisation
Great customer service
Ability to create reports
Seamless integration
What to avoid when choosing an OBT for your corporate travel management.
An OBT with a dated or complex interface.
An OBT with an unimpressive inventory.
An OBT that lacks human support.
An OBT that requires further applications.
An OBT with a one size fits all approach.
What are the top 5 online booking tools for corporate travel?
Boasting the globe’s largest selection of flights, accommodation and transport, TravelPerk offers corporate travellers the best rates in the business. As well as unbeatable prices for your travel arrangement, this travel management solution comes with a range of integrations to streamline booking business trips, managing traveller safety with 24/7 support from human agents, and reporting travel spending.
- The FlexiPerk feature allows business travellers to cancel their plans two hours before departure with a minimum guaranteed 80% refund, no explanation required
- Managing travel spending is made simple with collated invoicing, easy report generation and VAT recovery that could save up to an additional 25% on expenses
- Automated travel policy integration ensures compliance while enabling corporate travellers to make selections according to their personal preferences
2. FCM
- AirPlus integration simplifies payments
- Users can personalise FCM’s dashboard so individual departments to track travel budgets with straightforward reporting
- Travel managers can set up automatic approvals to boost compliance with existing company travel policies
- The UX of FCM’s platform is frequently commented upon with users claiming TravelPerk’s systems are easier to use
- FCM provides subscribers with round-the-clock support, but response times are slower than those offered by TravelPerk’s customer care teams
- FCM has a smaller inventory offering customers fewer options for transport and accommodation
3. TravelBank
- In lieu of real-time safety notifications, TravelBanks provides support agents to assist with any incidents affecting ongoing travel itineraries
- Boasts integrations with a selection of well-known credit cards and HR and budgeting systems
- Customers can get support through dedicated Slack channels
- TravelBank’s support lines are more difficult to navigate, with users reporting it took longer to get an answer to their queries
- TravelPerk provides more features to keep travellers safe on the road with real-time notifications and more support pre and post-departure
- TravelBank’s subscription model means organisations need to pay a monthly fee for each user regardless of whether they travel
4. CTM
- Online booking tool not only assists with travel arrangements but includes a fare forecaster to warn business travellers of possible price hikes
- Scope to organise group travel and plan events through their concierge teams
- Users can generate reports to monitor employees’ travel spending
- CTM subscribers are currently unable to boost compliance and speed up approvals by incorporating travel policies into the system
- Fewer integrations across fewer categories mean CTM offers less support to travel managers
- With FlexiPerk, TravelPerk users can take advantage of more flexible rates than CTM currently provides
5. Corporate Traveller
- Business travellers can take advantage of industry rates
- Users can combine Melon with a small range of existing personnel and financial software
- Safety and itinerary updates are available to help track and notify travelling employees
- With fewer features than competitors, Corporate Traveller cannot offer users advanced solutions like guest accounts and VAT reclaim business can find with a tool like TravelPerk
- Corporate Traveller’s system features a more condensed inventory
- Overall, the platform boasts fewer integrations than TravelPerk users have access to