October 2013 News Archive

A guide to travel payment methods

Is the future of payments mobile?
Thursday 31st October 2013

Travel management companies are keenly aware of the rate at which technological change is transforming their industry. Indeed, it is usually hard to ignore the continual evolution and development of every aspect of what you do. As booking systems develop and your back-office functions need to become more and more efficient, one of the areas which could see the most dramatic change in the...

FCm Travel Solutions UK upscales ProTAS solution with ProTAS Finance

Airport Passenger Duty inhibits economic growth, the lobby group claims
Thursday 31st October 2013

October 31st 2013

FCm Travel Solutions UK has upscaled its ProTAS mid-back office solution to incorporate the ProTAS Finance module.

As businesses change and client needs evolve, travel management companies often find themselves juggling multiple systems in order to control their various booking, reporting and payment systems. As a result, inefficiencies can...

Companies fail to track business travellers

Companies are not using technology to track business travellers
Tuesday 29th October 2013

Companies are failing to keep track of their business travellers, according to a new report from EY.

The latest Global Mobility Effectiveness Survey from the firm shows that just three out of ten multinational companies currently have a system in place to track their business travellers. Unless they are on formal assignment, the report says, these so-called “road warriors”...

Travel buyer salaries rise

Business travel is expected to rise in Western Europe
Monday 28th October 2013

Travel managers have seen their average salaries rise in the past 12 months, according to new figures which indicate the growing significance of the role in modern businesses.

Figures from the Global Business Travel Association (GBTA) show that the average total compensation for travel buyers in the US ticked up by 3.6 per cent this year compared to 2012. In total, this means that the...

Travel management companies can fill buyer knowledge gaps

Travel market
Thursday 24th October 2013

Passenger demands are becoming more complex, and corporate clients are continually raising the bar for travel management companies. As firms keep working harder to provide everything corporate clients need, it is hard to deny that travel management as an industry is rapidly evolving.

But these big businesses are also feeling the pressure of adapting to change, according to the latest...

Millennials seek more flexible travel than older workers

Younger workers are more likely to use mobile technology and change their plans
Wednesday 23rd October 2013

Millennial business travellers are seeking greater flexibility and employing more technology to manage their business travel than older colleagues, according to a study from Expedia and Egencia.

The Future of Travel report found that travellers under the age of 30 are far more likely to change bookings after they have been made compared to older passengers. Nearly a quarter of...

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