Corporate travel managers are the unsung heroes of business trips. One minute, they’re negotiating with vendors for better rates; the next, fielding late-night calls about delayed flights. It’s a role that requires precision, patience, and caffeine.
But being a corporate travel manager is more than managing logistics. It’s about creating a robust travel program, crafting airtight travel policies, and analyzing spend data. This role blends strategic planning, budgeting, and real-time problem-solving to help facilitate smooth travel experiences while aligning with organizational goals.
So, what exactly does it take to master the art of corporate travel management? Let’s break down the primary responsibilities and explain why this role is indispensable for modern businesses.
Among many other tasks, a corporate travel manager helps businesses save money and boosts employee satisfaction and safety during travel. According to the Global Business Travel Association (GBTA), effective travel management can reduce travel expenses by up to 30%.
Here are a corporate travel manager’s core responsibilities in more detail:
Corporate travel managers establish travel policies to set clear guidelines for employees. These include preferred vendors, budget limits, and reimbursement processes. Policies must adapt to changing business needs, regulations, and market conditions.
Example: Implementing restrictions on business class travel to save costs while allowing exceptions for long-haul flights.
Travel budgets often constitute a significant part of corporate expenses. Travel managers negotiate with vendors for corporate discounts, monitor expenditures, and find cost-saving opportunities without compromising quality.
Example: Partnering with preferred hotel chains for discounted rates and added perks like late checkouts.
Pro Tip: Negotiating rates takes time and resources. Businesses can take advantage of special rates by partnering with travel management platforms. For example, Navan has negotiated up to 15% off the best available rates with thousands of global hotels.
Streamlining bookings is a process that helps ensure flights, hotels, and other services comply with policy and traveler preferences. Centralized platforms can simplify this process by empowering travelers to make their own bookings within policy, freeing travel managers from handling individual requests.
Example: Booking flights and hotels in one step through a corporate travel platform, which reduces administrative tasks.
Duty of care is critical. Corporate travel managers help ensure that travelers are safe and supported, especially during emergencies like natural disasters or sudden cancellations.
Example: Working with travel risk management providers to offer real-time updates and assistance during disruptions.
Strong vendor relationships allow travel managers to secure competitive rates and premium services. This includes airlines, hotels, and ground transportation providers.
Example: Negotiating upgrades or exclusive corporate rewards programs with airlines.
Analyzing travel data provides insights into spending patterns, compliance rates, and cost-saving opportunities. Reporting on these metrics helps refine travel policies over time.
Example: Using analytics to identify frequently traveled routes and negotiating discounts for those destinations.
Whether a flight delay or a significant emergency, travel managers handle unexpected disruptions with quick solutions, minimizing travel downtime.
Example: Rebooking an entire team on alternative flights during a strike.
A corporate travel manager wears many hats. While these professionals excel at streamlining corporate travel, they often face challenges that call for additional expertise. That’s where travel management solutions come in.
Corporate travel managers may enlist a travel management solution for tasks beyond their in-house resources. Here’s why:
Corporate travel managers can maintain control of strategy and compliance while delegating operational tasks to travel management solutions. This partnership allows travel managers to focus on big-picture goals like optimizing budgets and improving the employee travel experience.
If you’re a corporate travel manager considering a modern solution, think of it as adding a powerhouse partner to your team — one that helps you run your travel program smoothly while keeping your focus on the bottom line.
Interested in simplifying corporate travel? Discover how Navan optimizes bookings, expenses, and safety in one user-friendly app.
This content is for informational purposes only. It doesn't necessarily reflect the views of Navan and should not be construed as legal, tax, benefits, financial, accounting, or other advice. If you need specific advice for your business, please consult with an expert, as rules and regulations change regularly.