Data is Key to Protecting Your Most Valuable Asset – Your People
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Effective travel risk management requires integrating multi-source data and coordinating internal and external stakeholders, which is critical for employee safety and business continuity.
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- SAP Concur BlogData is Key to Protecting Your Most Valuable Asset – Your People
An SAP Concur blog post discusses the role of data in implementing a travel risk management (TRM) program. According to a 2017 Business Travel News report, companies are trending toward a 'team approach' integrating internal and external stakeholders for TRM. The survey shows 66% of companies use itinerary data and employee contact information to support TRM, and 46% use market-specific threat information. The article emphasizes that integrated data is the heart of a successful TRM program, and organizations need to leverage technology to collect travel and spend data from various channels to keep employees safe and compliant.