Travel Archives - Smart Procurement

A shifting role in the digital age – are TMCs tech companies or people companies?

Leave a Comment / Category Management, Travel / By StaffWriter

Across industries, the Fourth Industrial Revolution has brought a step-change in how companies approach their processes, technologies and business models. The most successful businesses of today have responded to their changing role in society by digitising and reconfiguring to unlock new sources of value for people. How is this playing out in travel? In a …

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5 factors that cause your organisation’s travel spend to be out of control

Leave a Comment / Procurement Strategy, Travel / By StaffWriter

Procurement travel managers have a whole host of issues that they need to take into account: from cost, efficiency and payment processing to data security, service reliability and employee safety. Diana Akchurina, business-to-business professional at Gett, a taxi-hailing app that operates in the USA, UK, Russia and Israel, discusses five factors that make travel one …

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4 common pitfalls when planning a travel budget

Leave a Comment / Travel / By StaffWriter

Cost reduction and risk management continue to top the list of business priorities for procurement leaders in 2019. For travel expenditure, the focus on cost often leads to stringent travel policies. However, policies that are too strict often have more cons than pros. A better approach, FCM Travel Solutions has found, is to look at …

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How can procurement managers guide corporate travellers towards better travel choices in 2019?

Leave a Comment / Category Management, Travel / By StaffWriter

Direct feedback from frequent corporate travellers can be a powerful tool in the arsenal of a corporate travel procurement manager in their efforts to achieve better compliance and engagement, and to reduce the human cost of frequent travel. FCM Travel Solutions South Africa GM Nicole Adonis unpacks the importance of traveller feedback as a performance …

How can procurement managers guide corporate travellers towards better travel choices in 2019? Read More »

New solutions signal the end of the 30-day account

Leave a Comment / Procurement Cards, Technology, Travel / By StaffWriter

The frequent use of 30-day accounts by South Africa’s public and private sectors could soon come to an end, with new solutions providing corporate and government entities with a much-improved alternative. Although 30-day accounts are still widely used by the travel industry, these accounts are an unnecessary burden on Travel Management Companies (TMCs) whom are …

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6 mistakes that procurement makes when crafting a travel RFP

Leave a Comment / Category Management, Travel / By StaffWriter

The arduous RFP (Request for Proposal) process is a bit like being forced to eat your greens as a child. You don’t want to do it, but you’re continually told that it’s good for you. But, that’s not necessarily the case. RFPs are only ‘good’ for you and your business if you execute them properly. …

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How to procure the right travel partner

Leave a Comment / Category Management, Travel / By StaffWriter

They say people do business with people they like. That may be true in organisations that have a rather flexible approach to procurement, but in the world of travel management it’s often more to do with the bottom line than who plays a better game of golf… Selecting the right Travel Management Company (TMC) to …

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How are you measuring your corporate travel ROI?

Leave a Comment / Category Management, Travel / By StaffWriter

Travel managers have traditionally been encouraged to keep their travel costs under control and to not use travel as a tool to achieve results. These notions are being challenged by travel management companies, which believe that travel should be seen as an investment instead of purely a cost. After all, how can a business grow …

How are you measuring your corporate travel ROI? Read More »

Is fragmentation in corporate travel playing havoc with your policy?

Leave a Comment / Category Management, Change, Procurement Strategy, Technology, Tools, Travel / By Editor

Corporates, suppliers and travel management companies (TMCs) need to work together to help improve transparency and reduce the impact of fragmentation on costs and efficiencies. What is fragmentation? It’s when staff try to book travel within their travel policy but are forced to access different sites to source that travel other than the company’s preferred …

Is fragmentation in corporate travel playing havoc with your policy? Read More »

Do SA business travellers toe the travel-policy line?

Leave a Comment / Category Management, Legal / Contract, Risk Management, Technology, Tools, Travel / By Editor

Traveller non-compliance is an increasing area of concern among travel buyers and managers internationally, with great efforts made to persuade travellers of the benefits of compliance that extend beyond “because the company said so”. A recent study conducted by FCM Travel Solutions and the African Business Travel Association (ABTA) revealed that the level of …

Do SA business travellers toe the travel-policy line? Read More »

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Travel

A shifting role in the digital age – are TMCs tech companies or people companies?

5 factors that cause your organisation’s travel spend to be out of control

4 common pitfalls when planning a travel budget

How can procurement managers guide corporate travellers towards better travel choices in 2019?

New solutions signal the end of the 30-day account

6 mistakes that procurement makes when crafting a travel RFP

How to procure the right travel partner

How are you measuring your corporate travel ROI?

Is fragmentation in corporate travel playing havoc with your policy?

Do SA business travellers toe the travel-policy line?

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