Introduction
In today’s dynamic business landscape, optimising travel spend is crucial. Many companies turn to Travel Management Companies (TMCs) for booking and itinerary management. While TMCs offer valuable services, TMC-DOY Software travel management solutions provide additional benefits for companies booking corporate travel.
Here are five key reasons why your business travel programme should embrace a solution that isn’t limited to any one TMC.
1. More Options
Selecting your own TMC is only the first option. Each TMC established agreements with specific airlines, hotels, and car rental companies. These relationships may result in bias against those vendors, perhaps limiting your access to inventory, the most competitive prices, or other business requirements.
For example, some employees prefer "offline booking" with a travel agent. Booking offline directs all travel costs, such as flights, trains, and hotels, directly to the firm, freeing the employee of the burden of floating the cost until reimbursed. In another place, people may opt to use an online booking system.
2. Flexible and Easy to Manage
A standard TMC-based programme links you to their processes and technology. A TMC DOY Software allows you to take control of your travel programme.
You can link your preferred vendors and payment methods, making the booking process easier for travellers while ensuring compliance with your company's travel policy. This adaptability enables you to tailor your program to your individual corporate requirements, resulting in a more efficient and employee-centric travel experience.
3. Complete Data = Better Corporate Rates
A TMC-DOY expenses and travel management platform consolidates all of your travel spending across all channels, including TMCs.
This detailed data enables you to detect spending patterns, negotiate better prices with vendors, and adopt cost-cutting measures. With real-time insights, you can make informed decisions to optimise your travel program and maximise your ROI.
4. Integration with Existing Systems
Some newer online booking systems not only force you to use a single TMC, but they also keep your information captive. This limits potential insights and makes it difficult to manage things like expense reports, which is a significant travel-related concern.
5. Corporate Traveler Focused
The travel industry is constantly evolving. Travel management systems without TMCs are incentivized to focus on delivering value to corporate travelers and the people that support Their goal is to make the best product for your company and your employees.
Sure, they have to service the TMCs as well. But the more value they can deliver to the company, the more likely they are to keep a customer. They will drive innovation, deliver better experiences, make travel easier for employees, and ensure their system works seamlessly with your existing travel and accounting stack.
Conclusion
TMC-agnostic solutions’ only goal is to help you to optimise your travel programme, reduce costs, and enhance the traveller experience for your employees.