Travel Agents to Travel & Expense Software – The Evolution

The traditional corporate travel booking process had a designated department for itself. Employees would send a mail to their managers for the approval, and it would take ages for all the approvals to fall in place. Once the approvals are obtained, it is then forwarded to the travel desk for the booking. The chances are, the booking made might not be the most optimum of the lot!

There are possibilities that the cost of the flight ticket booked, exceeds the permissible amount allowed by the company. Thereby increasing the total cost of the trip.

To prevent such avoidable expenses, a demand was created for more efficient means of handling corporate travel bookings, and this gave rise to the boom of Travel & Expense Management software.

This software helps the firm by automatically selecting the best flights, hotels, and cabs, in compliance with the company policy, at a click of a button!

Few of the important features are-

  • Single Click Trip Planning

Travel & Expense Management software helps in simplifying the trip planning process by giving the best choices and its alternatives with AI driven personal assistant to plan your complete business trip automatically with a single click – even for complicated itineraries. This way it makes it easier to plan trips and save time.

  • Automated Booking

The age of contacting your travel agents/ travel desk for making your booking is passé, this intelligent software can take care of all your travel booking needs without any human interference and provide you with the best list of possible options at the click of a button.

  • Automated Expense Reports

The last thing that any employee after a business trip wants to do, is to prepare the expense report. There are chances of missing certain expenses too! Let the T&E software take care of your expense reports and create them automatically. Just click pictures of your receipts with the app and your expense reports are ready.

  • Policy Compliance

The fear of your expenses not being policy compliant can take a back seat and you can be rest assured that the software will check for policy compliance in all travel and expenses reports and exceptions will be highlighted. This way your travel and expense management will be hassle free and most importantly policy compliant.

  • Advanced Analytics

One of the most important features of the software is its ability to provide in-depth analytics detailing about the policy violations, expenses across categories, projects and even how much money was wasted due to non-compliance. This helps the company in taking preventive steps in future to avoid such unnecessary expenses.

  • Trip Cost Optimization

The Travel & Expense management software not only takes care of your trip booking but also automatically optimizes entire trip and saves costs for the company while ensuring convenience for the employees.

Traveo is a fully automated Travel & Expense management cloud solution for enterprises that helps organizations in optimizing spends on business travel.

It is the world’s first solution which automatically plans the business travel of employees by using advanced AI algorithms and finds

  • Best Flights
  • Hotels
  • Bus and
  • Cabs

for the entire travel while ensuring that the chosen options are cost effective, compliant with company policy and convenient for the employees

 Written by-

Bopanna P C

About the author-

I am currently working with Traveo Soft Pvt Ltd as a business development executive.

Traveo is a fully automated Travel & Expense management cloud solution for enterprises that helps organizations in optimizing spends on business travel. Traveo optimizes the entire travel while ensuring that the chosen options are cost effective, compliant with company policy and convenient for the employees.

If you want to have more details regarding Traveo, feel free to contact me on hello@traveosoft.com

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