5 ways to keep travel costs in check

Managing corporate travel isn’t just about getting from point A to B – it’s about balancing cost efficiency, policy compliance, and traveler satisfaction, all while keeping up with an industry that’s rapidly evolving. Travel budgets are under a microscope, and companies need to make every dollar count. The right tools help manage costs, keep things running smoothly, and improve the travel experience.

1. Saving money in a changing market

Corporate travel budgets are constantly being squeezed, but airfares and hotel rates fluctuate unpredictably. Traditional booking methods often fail to capture the best prices at the right time. Real-time air and hotel re-shopping, like what Emburse offers, ensures companies don’t overspend unnecessarily. By continuously monitoring price changes, organizations can automatically rebook when better rates become available. And without needing manual intervention.

This level of automation means companies can maximize budgets without compromising on quality or traveler convenience. As business travel costs continue to rise, this kind of proactive cost management is becoming a game-changer.

2. Travel policies without the hassle

One of the biggest pain points in corporate travel is ensuring policy compliance without making travelers feel restricted. If booking tools are too rigid, employees will find ways around them, often choosing non-compliant options that make expense tracking and reporting a nightmare for finance teams.

Modern travel management solutions, like Emburse, embed corporate policies directly into the booking experience, subtly guiding travelers toward approved options rather than forcing them into strict rules. This approach reduces policy violations while still allowing employees enough flexibility to book travel in ways that make sense for them.

It cuts down on friction, keeps bookings in one place, and helps everyone follow the travel policy.

3. Keeping travelers safe and informed

From geopolitical instability to extreme weather events, travel risk management is a top priority. Companies need real-time visibility into where their employees are at any given moment, ensuring they can respond swiftly in case of emergencies.

By leveraging real-time tracking and instant alerts, businesses can ensure employees stay informed and supported, no matter where they are. This helps reduce travel disruptions and makes it easier for organizations to meet their duty of care responsibilities.

4. Using data to cut travel costs

Tracking spending, analyzing trends, and negotiating better contracts are crucial to building a successful corporate travel program. Yet many companies still rely on outdated systems that provide little (or none) real-time insights.

Emburse delivers robust analytics that offer a clear view of travel spend patterns, supplier performance, and cost-saving opportunities. Travel managers can use this data to make strategic adjustments, optimize partnerships with airlines and hotels, and forecast future spending with greater accuracy. Data-driven decisions require real-time expense tracking – it’s how you stay ahead.

5. Less admin, more impact

Corporate travel should be simple, not just cost-effective. Outdated workflows and manual expense reports make everything harder than it needs to be.

By automating routine tasks like expense reconciliation and approval workflows, travel managers can shift their focus from administrative tasks to more strategic priorities – like optimizing travel policies, negotiating better rates, and improving the traveler experience. The best travel programs don’t just reduce friction, they remove it entirely.

Thanks to Emburse, we’ve managed to reduce our expenses by 20% and reimburse travelers 70% faster.

Albert Kupfer, EMEA OKI Europe

Corporate travel should be easy to manage, but balancing costs, flexibility, and efficiency isn’t always simple. Companies want to save money, employees need seamless booking, and travel managers rely on automation to keep things running smoothly.

Emburse brings it all together in one place, making travel management easier for everyone.

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