Master Corporate Travel Technology Transform Business Journeys Effortlessly
Real-World Examples and Data
According to a report by the Global Business Travel Association, companies that utilize corporate travel technology can see a reduction in travel costs by up to 20%1. Furthermore, businesses that implement automated expense management systems report a 30% decrease in processing times2. These statistics highlight the tangible benefits of integrating technology into corporate travel management.
One notable example is the use of virtual payment solutions, which streamline the payment process and reduce the risk of fraud. Companies like American Express offer virtual card solutions that provide secure, trackable payments for travel expenses3. This not only improves security but also simplifies reconciliation processes.