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Challenges of Modern Business Travel and How to Solve Them
1reports1reporting sources2022-06-29Update
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For travel managers, decentralized booking channels and data silos increase compliance and safety risks. Integrating the travel ecosystem can improve spend visibility, traveler safety, and operational efficiency.
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6月29日
- SAP Concur BlogChallenges of Modern Business Travel and How to Solve Them
SAP Concur blog discusses challenges in modern business travel management. It cites GBTA predicting global business travel spend will reach $1.7 trillion by 2022. A 2018 GBTA report shows travel managers spend as much as 66% more time on data analysis, evaluating technology, and traveler safety. The article says traditional travel solutions cannot keep up with modern demands and recommends connecting data from suppliers, corporate cards, ERP, GDS, and TMC partners for near-real-time sharing.