SAP Concur: Three Tips to Save on Business Travel
SAP Concur published three tips to save on business travel. GBTA reported 514 million business trips were taken in 2016. The article recommends booking at least three weeks in advance, as tickets booked fewer than seven days before departure are on average 44% more expensive than the same ticket booked 15 days in advance; considering ridesharing instead of renting a car for short trips; and researching meal options ahead of time to control costs. It also suggests companies set booking guidelines and approval processes and use expense systems to simplify reporting.
Impact and considerations
For travel and expense managers, advance booking, transport choice and meal planning are quantifiable cost-saving levers. Embedding booking guidelines and approval processes into travel policy helps control budgets and simplify expense reporting.
Key points
- GBTA reported 514 million business trips were taken in 2016.
- Tickets booked fewer than seven days before departure are on average 44% more expensive than the same ticket booked 15 days in advance.
- For short trips, ridesharing may be more cost-effective than renting a car.
- Researching meal options ahead of time helps control dining costs.
- Companies should set booking guidelines and approval processes and use expense systems to simplify reporting.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:36
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog:Save on Business Travel Using These Three Tips (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47