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How a Travel Management Company (TMC) Can Help Simplify Business Travel

An SAP Concur blog post explains the definition, operations and core value of travel management companies (TMCs). TMCs specialize in corporate travel needs, assisting with booking air travel, hotels, car rentals, train reservations and car services, and providing itinerary management and support throughout the trip. TMCs typically charge on a subscription or fee-for-service basis, offering benefits including streamlined processes, data gathering, 24/7 support, better prices, policy compliance, risk alerts and data analytics.

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Impact and considerations

For travel managers, TMCs can integrate booking, compliance, support and data analytics, helping companies control costs and improve travel program visibility, making them a core option for travel management outsourcing.

Key points

  • TMCs specialize in corporate travel needs, assisting with booking air travel, hotels, car rentals, train reservations and car services.
  • TMCs typically charge on a subscription or fee-for-service basis, managing travel logistics, customer support, policy compliance and data collection.
  • TMCs offer benefits including streamlined processes, data gathering, 24/7 support, better prices and policy compliance.
  • TMCs can provide risk alerts and data analytics, helping companies adjust travel programs and policies.
  • SAP Concur has a network of TMC partners that can help businesses manage travel programs.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
28 Nov 2023, 17:21
Page published
14 Aug 2026, 08:18
Last updated
28 Nov 2023, 17:21
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