16/05/2024

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How TravelPerk helps you improve travel policy compliance

5 min read
How TravelPerk helps you improve travel policy compliance

Producing guaranteed employees never overspend your company journey price range and stay in just policy is a substantial challenge for lots of organizations. As enterprise travel is commonly a substantial aspect of your general company budget, it is vital you hold this less than command.

In this article, we’ll wander you via how TravelPerk tends to make vacation coverage compliance uncomplicated for your total firm. From retaining Claire in finance satisfied with flexible procedures and automatic acceptance procedures that are baked into our platform, to preserving your jet set vacationers satisfied by providing them a lot more autonomy to book their individual journey and make greater-educated selections that essentially slide inside funds. 

5 strategies Travelperk will assist you improve travel coverage compliance

Improved Travel Coverage Consciousness

Initially points initial, vacation coverage recognition is vital. If your team has never even browse your coverage, how will they stick to it? If you’ve expended the time to produce a robust organization travel coverage, you have to have to make certain that staff basically know what is in there! Appears apparent, right? 

But lots of corporations have their policies hidden away in a shared drive or on the corporation intranet – in which it really is quickly neglected and workers just can’t obtain important data when they will need it.  

With TravelPerk, there are no excuses when tourists claim they do not know what’s in plan! We make awareness and compliance genuinely simple by allowing for you to have your company journey coverage baked into our reserving resource. This means workers no more time require to sift by way of long plan files or frantically consider and find your journey coverage hidden in the depths of your firm shared drive.

After you’ve uploaded your vacation plan to TravelPerk, its seamlessly integrated into their small business journey research, so vacationers will often know if a flight, lodge or prepare is in coverage or not. 

Here’s an case in point of how your policy is built-in into the TravelPerk platform…

Traveler autonomy and complete peace of thoughts

So, what are the further positive aspects of possessing your company journey policy embedded into our platform? 

For one particular, it can take the pressure off admins and vacation supervisors by offering staff additional autonomy to guide their very own trips and make educated possibilities while even now staying inside price range. 

Next, It also presents your finance staff total peace of thoughts. (No a lot more night time sweats for Nigel, your CFO…) 

For instance, if an personnel attempts to e-book initial-class flights to a convention or attempts to book the penthouse suite for a corporation retreat, our booking resource will quickly flag that it is out of policy. See an instance underneath.

How TravelPerk helps you improve travel policy compliance

For extra peace of brain and greater handle of your enterprise vacation funds, we advise location up custom made approvals within just the TravelPerk platform. So, if an employee attempts to book a vacation that falls exterior of plan, you can select a staff direct or journey manager within just your organisation to be dependable for approving that trip. 

Like the seem of this? Let us dive deeper into our customizable approval alternatives below…

Help save time with automatic trip approvals 

An additional gain of acquiring your travel coverage baked into the TravelPerk system is the capacity to have individualized, automatic approvals. 

For example, if Mario in profits is booking a coach and lodge for a networking party upcoming month and this falls inside your vacation policy (excellent do the job, Mario!) you can pick to have this enterprise journey instantly accepted in TravelPerk. Now Mario does not have to have to wait around or chase his group direct to approve it – he’s all fantastic to go as he’s caught to the policy! 

Inside of your account configurations in TravelPerk, you can set the acceptance workflows you want, who this applies to in your group, and who’s in charge of examining the proposed business enterprise excursion. Here’s an instance below:

So in this case, any out of policy visits for people 3 travelers will go to Matt to be accredited. We also provide a slack integration, which speeds up approvals by 80% by sending notifications to admins of any new trip to approve. Dreamy!

In the long run, you get to pick how much management you want on your small business trip bookings. Want to approve every trip? Completely wonderful! Satisfied for vacation bookings that are in coverage to be quickly permitted? Great! 

We also offer the overall flexibility to established up various approvals for specific stakeholders. For instance, if you want all C-Suite lodge bookings and airfares to be instantly accepted, your acceptance system would appear anything like this within just TravelPerk:

Automated trip approvals give you the very best of both worlds: total handle of your funds without the need of micromanagement. They also save your business a large amount of time by eliminating the have to have to check every single single trip if it falls within just policy. And in convert, this boosts staff fulfillment.

You can also amend trip approvals at any time in your account options in TravelPerk. Giving you comprehensive overall flexibility and command above your business travel finances. 

Personalized travel policies 

TravelPerk also offers you the chance to established unique business travel guidelines for various users of your group. In basic, we usually suggest trying to keep your company vacation policies as easy and clear-cut as feasible. But if you require to set diverse regulations for distinct teams, to assistance increase vacation coverage compliance, TravelPerk will make this actually quick.

For case in point, you could possibly have to have to established different travel expenses, cabin seat lessons, and hotel place expenses for your govt group versus the relaxation of your organization. 

Here’s an example of how quick this is with TravelPerk: 

Full visibility of vacation devote

Are you noticing that you’re overspending your enterprise vacation funds but not actually absolutely sure how? You are not the only one. 

With TravelPerk’s sophisticated reporting instruments, you can easily see in actual-time the place price range is remaining put in and who’s sticking to the business travel coverage.

Does your promoting crew continue to keep disregarding your travel application and scheduling outings previous moment, resulting in you to overspend on flights that could have been 50 % the price tag? Or does your sales teams expend far too substantially funds on taxis when they could be utilizing public transportation? With TravelPerk reporting, your admin or finance workforce can categorize experiences by office, group, travel provider, and more so you can conveniently observe travelers’ habits and spot travel traits like this to stay forward of your price range. 

Book a demo these days to discover how TravelPerk would make company travel less difficult to control by giving you much more overall flexibility, full management of your spending, and preserving you cash by presenting the premier journey inventory on the sector. Uncover out why we’re trusted by 1000’s of organizations worldwide. 

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