Almost 90% of all companies send staff out on the road at some point in time – whether by car, train or plane. These trips incur food and drinks expenses, and often involve additional costs such as hotel stays, vehicle hire, insurance and visas. Costs quickly add up, and after salaries and product spend, this expenditure is commonly the third-largest outgoing for businesses.
Yet, despite these high figures, many still lack suitable payment arrangements for business travel. They simply lump it in with the general expenditure pot and by doing so, fail to take advantage of the opportunity to generate savings, improve compliance and commercial performance, reduce risk, and collect valuable data that can be used for future demand planning and negotiations.
This CIPS Download report, produced in partnership with AirPlus, explores the benefits of taking a more strategic approach to business travel spend and explains how simple it is to do.
AirPlus frees 50,000 global customers to focus on what matters to them. Our business travel payment solutions include central accounts, corporate cards, and online management tools. We’re travel agency neutral, the global leader in UATP issuance, and the preferred partner of Air China, British Airways, Continental Airlines, Luxair, Lufthansa German Airlines, Austrian Airlines, Swiss International Air Lines, TAP Portugal and Singapore Airlines. Visit us at www.airplus.com to learn more about our business travel payment solutions.