Businesses today are under increasing pressure to implement processes and solutions that deliver savings and efficiencies, across all departments. Many companies are starting to look beyond standalone point solutions that focus exclusively on travel to solutions that allow management of spend in a more integrated, comprehensive way.
A combination of technology and best practices is necessary to achieve these objectives. Companies need to integrate travel with the rest of their spend, so that it can be more effectively tracked and managed. From online and offline travel booking to expense reporting, such offerings should enable companies to manage travel procurement using a single interface - the same interface used to manage procurement for all other categories.