SAP Concur Discusses the Impact of Corporate Travel Managers on Business
SAP Concur published an article discussing the key role of corporate travel managers. It notes that travel and expense (T&E) can account for 8% to 12% of an organization's spending, nearly two-thirds of companies face increasing pressure to manage costs, and three-quarters say travel is important or very important to managing customer relationships and obtaining new business. Corporate travel managers impact business by building strategic policies, optimizing travel arrangements, making data-driven decisions, aligning with sustainability initiatives, integrating technology, and enhancing employee productivity.
Impact and considerations
Corporate travel managers play a strategic role in controlling costs, ensuring compliance, and enhancing employee experience. As pressure on travel spending increases, their role becomes increasingly important to a company's financial health and competitiveness.
Key points
- Travel and expense can account for 8% to 12% of an organization's spending.
- Nearly two-thirds of companies face pressure to manage costs, and three-quarters say travel is important or very important to customer relationships and new business.
- Corporate travel managers impact business by setting policies, optimizing arrangements, analyzing data, and integrating technology.
- 28% of travel managers face pressure to report travel emissions, and 89% of business travelers are taking steps to reduce their environmental impact.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 1 Feb 2024, 17:56
- Page published
- 14 Aug 2026, 08:17
- Last updated
- 1 Feb 2024, 17:56
- Original links
- SAP Concur Blog：What's the Impact of a Corporate Travel Manager on Business? (opens in a new tab)Primary source · en · Published 1 Feb 2024, 17:56