ToV reporting in life sciences: progress amid complexity
A benchmark of 10 life sciences organizations by BCD Travel shows progress in accountability, governance, and automation for Transfer of Value (ToV) reporting, but reliance on fragmented data and multiple systems persists. Most operate hybrid models with partial automation, and data consistency remains a challenge.
Impact and considerations
For business travel managers in life sciences, ToV reporting complexity affects compliance and efficiency; upstream data design is key.
Key points
- 9 of 10 organizations place ToV ownership in Compliance.
- 6 of 10 operate hybrid models with global oversight and regional management.
- 8 of 10 report partial automation; 2 rely on manual consolidation.
- Data consistency is a major challenge; no dominant system of record.
Sources and time
- Primary source
- BCD Travel
- Other sources
- 0
- First source publication
- 22 Jul 2026, 08:38
- Page published
- 12 Aug 2026, 14:17
- Last updated
- 22 Jul 2026, 08:38
- Original links
- BCD Travel RSS:Transfer of Value reporting: Why progress still feels complex (opens in a new tab)Primary source · en · Published 22 Jul 2026, 08:38