Businesses today are focused on maximising efficiency, controlling costs, and ensuring seamless travel experiences for their teams. With travel being a significant line item in corporate budgets, choosing the right business travel management company is key to achieving these goals.
Below are some of the top companies addressing the critical challenges businesses face in managing travel this year.
The companies listed are ranked based on their G2 satisfaction scores, which reflect real user feedback on their travel management solutions. Higher scores indicate better user satisfaction and overall performance and showcase how effectively each platform meets the needs of businesses managing travel and expenses.
Navan (formerly TripActions) stands out with its top-rated, all-in-one travel and expense management platform. The platform is recognised for its real-time expense tracking and reporting and its innovative use of AI to provide responsive support. By offering a comprehensive solution, Navan eliminates the need for multiple systems, streamlines processes, and enhances efficiency across travel and expense management.
Europe-based TravelPerk is recognised for its modern approach to business travel management, which offers flexibility and a user-friendly interface. However, TravelPerk requires a separate expense management vendor for full-scale T&E management, and some users have noted limitations in integrations, making it less ideal for businesses looking for a comprehensive solution.
Spotnana is an emerging player in the travel management space, known for its cloud-based platform and innovative technology. However, as a newer company, it may not yet offer the same level of maturity and reliability as more established competitors.
Egencia, a corporate travel arm of Expedia, provides solid travel management services with strong global support. Despite this, some users report that the platform can feel outdated and lacking in innovation and inventory, which might hinder its appeal to modern businesses.
Read the 7 reasons why APCO Worldwide switched from Egencia to Navan.
Concur offers a well-established platform known for its robust expense management features. Despite a lower satisfaction score of 61/100, it remains a notable choice for companies seeking a traditional approach to travel and expense management. Its tools are designed to handle various aspects of travel planning and expense reporting.
TravelBank is popular for its all-in-one approach to travel and expense management that offers a streamlined platform for small to medium-sized businesses. Despite its appeal, some users have found that the platform lacks the depth needed for more complex travel management needs.
AmTrav, recently acquired by TravelPerk, has been recognised for its personalised service and straightforward platform that caters primarily to small and mid-sized businesses. While it offers a solid travel management solution, some users find the platform lacks the advanced features and scalability needed for larger or rapidly growing organisations.
Choosing the right business travel management company depends on your company’s specific needs and preferences. The companies listed here offer a range of solutions designed to improve travel management, from advanced technology to personalised services. Evaluate these options based on their features and customer satisfaction to find the best fit for your business in 2024.
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.