Spending cash whereas touring on enterprise used to contain an entire mess of varieties, hassle, and forms. Fortunately, a brand new technology of on-line journey administration options makes it simpler than ever to handle enterprise journeys, rising management and transparency.
TravelBank is a well-liked alternative of journey administration firm (TMC) for companies of all sizes. Nonetheless, it may be costly and difficult to implement.
If you happen to’re trying to examine journey suppliers, or contemplating TravelBank options, this is our alternative of 5 of the very best options to TravelBank in 2022.
1. TravelPerk
TravelPerk allows you to e-book journey from the world’s finest enterprise journey stock, together with flights, trains, inns, and automotive leases. Even higher, you may even e-book an Airbnb to entry distinctive experiences and unique properties.
The most effective issues about TravelPerk is the way it incorporates flexibility, consolation, and accessible costs into the platform. The consumer interface is simple to make use of and extremely intuitive, making reserving enterprise journey fast, and gratifying.
Behind the scenes, the system permits customers to entry the very best offers in the marketplace on flights, prepare journey, inns, and automotive leases. It is simple to plan your full itinerary from the house to the lodge and again – all contained in the wonderful app.
Finance managers will welcome the power to incorporate insurance policies and introduce controls to make sure all spending is cheap and required.
Whereas you are able to do all the things on-line, you may entry help in seconds – 15, to be exact. That is proper, the common ready time for a TravelPerk agent is simply 15 seconds, giving it the sting over each different TravelBank various.
TravelPerk important options
- Easy to arrange with no fastened charges and nil implementation prices.
- For a small further charge you may add FlexiPerk and get 80% of your reserving value again if you might want to cancel for any cause.
- GreenPerk allows you to offset the carbon influence of your small business journey, serving to to guard the planet.
- Allows you to customise and automate journey insurance policies to maximise compliance.
- Create automated expense studies from journey receipts.
- 24/7 buyer help accessible in English and 9-5 in German and Spanish.
What reviewers say:
“I have been utilizing TravelPerk for a while now and it has been a fantastic expertise. The platform is straightforward to make use of and the dashboard might be navigated fairly simply. It’s a very handy solution to do company flight & lodge bookings.” (Vinet)
“Glorious search and value features and quick correct communications when adjustments are made – nice service!!”. (Dave Johnson)
How they stack up: TravelPerk v TravelBank
- Reviewers discovered TravelPerk was simpler to make use of, arrange, and administer.
- Reviewers felt that TravelPerk meets the wants of their enterprise higher than TravelBank.
- Reviewers felt that TravelPerk supplied higher customer support when evaluating the 2.
2. Egencia
You might not have heard of Egencia, however we’re positive you may have heard of its (former) dad or mum firm Expedia. The enterprise boasts that it presents vacationers “unmatched worth, alternative, and expertise.” The corporate is backed by American Categorical World Enterprise Journey (AMEX), giving it world attain.
The platform is concentrated on managers who need to maximize ROI for enterprise journey slightly than provide vacationers with probably the most in depth alternative of suppliers and locations to remain. It helps six languages and can be utilized in over 60 nations, together with the US, Europe, and Asia.
Egencia important options
- Entry to Expedia and the well-known manufacturers it companions with.
- Simple to carry out VAT restoration and reimbursement.
- Backed by AMEX to supply scale and safety.
- Simple API integration with present programs, platforms, and processes.
How they stack up: Egencia v TravelBank
- Customers felt that Egencia was simpler to make use of than TravelBank.
- The platform presents customers extra coaching to make use of the platform.
- Reviewers counsel that TravelBank presents higher customer support.
- Extra folks had been prepared to suggest Egencia than TravelBank (though the pattern dimension was low).
What reviewers say:
“Total, Egencia is an effective software for my workers to make use of once I (or my work companion) aren’t accessible to make the reservations. They’ll simply entry their account, and the costs will go on the company bank card. This makes it throughout straightforward for the touring workers.”
Patricia Davies, Workplace Supervisor
“Customer support was terrible. It was a working joke that once we needed to name customer support for one thing (frequent), it was a crap-shoot whether or not we had been going to get somebody that knew what they had been doing.”
Jessicca Fish, Government Assistant
3. SAP Concur
SAP Concur is an expense administration app with a journey part. It’s created and backed by one of many world’s main accountancy software program suppliers, so it is no shock that monetary management options closely within the provide right here. SAP Concur claims to have 46,000 world customers and sells itself as an answer for finance professionals.
The platform makes use of a spread of accepted suppliers, along with your coverage guidelines in-built. Why is that this necessary? Finance managers have larger management over the method, which implies insurance policies might be adopted to the letter (one thing each accountant loves).
As you’ll anticipate from an accountancy supplier, it is targeted on the figures and integrates effectively with finance packages.
SAP Concur important options
- Offers wonderful visibility of journey and spending knowledge for monetary managers.
- Ensures all bookings conform to insurance policies, defending budgets.
- SAP’s Concur Expense automates expense duties, making them sooner and extra correct.
- SAP Concur might be built-in with ERP to supply a 360-degree view of enterprise funds.
- The inbuilt SAP’s Expense permits customers to create guidelines to categorize and approve worker bills shortly. Customers can use the cellular app.
What reviewers say:
“I’d suggest this software program to anybody making an attempt to avoid wasting money and time on Journey and expense administration.”
“Whenever you do need to enter data, it’s PAINFUL. The interface seems outdated and messy, and including photographs and receipts is a unnecessarily tough course of on account of dangerous thumbnails and picture viewing.”
How they stack up: SAP Concur v TravelBank
- SAP Concur offers wonderful monetary management, enabling finance managers to observe journey bills.
- The interface and expertise are much less participating than TravelBank.
- The platform boasts a web-based data base and useful movies, one thing TravelBank does not provide.
4. CWT
CWT is among the oldest journey administration firms round. You need to use the software program to rearrange journey in over 140 nations, that is greater than double these coated with Egencia, for instance.
The software program integrates with RoomIT, providing customers a alternative of virtually 1,000,000 properties. Like all suppliers, it goals that will help you get the very best value, negotiating what it describes as “budget-friendly journeys with out compromising on comfort and luxury.”
Monetary controllers and managers will just like the platform’s analytics and reporting software.
CWT important options
- Devoted lodge administration and reserving integration allow you to streamline room reservations.
- Customers can name on help from professional consultants for recommendation and steering when reserving journey.
- AnalytIQs offers reporting and visualization capabilities to watch and handle bills
- The platform permits organizations to evaluate the environmental influence of journey selections utilizing ECO – its Worker Wellbeing, Local weather Impression, and Organizational Efficiency framework.
What reviewers say:
“CWT booked all of our journey (each home and worldwide) once I labored as a Senior Administration Officer in a South Australian authorities division and I used to be answerable for reserving all journey for a gaggle of 170 employees.”
Tracey Lee-C, Advertising and marketing Marketing consultant
“The system is clunky, not consumer pleasant, and sometimes has flight costs listed at a price increased than the airline’s web site.”
Lauren J, Supply Marketing consultant
How they stack up: CWT v TravelBank
- CWT is a little bit of a large within the discipline, with the attain to again it up. TravelBank is a newcomer, however that does not imply it is out instantly.
- TravelBank presents an attention-grabbing incentive system, encouraging workers to make cheaper selections and rewarding them.
- TravelBank permits 24/7 buyer contact via channels resembling Slack, whereas CWT makes use of conventional – and gradual – channels. This can matter in an emergency.
5. BCD Journey
BCD Journey goals to extend enterprise journey ROI via modern new applied sciences and integrations. The corporate is greater than TravelBank, however does that scale translate into higher service?
The enterprise focuses on serving medium-sized companies and bigger gamers. Builders will love the simple API integration, and presents a spread of modern help instruments to maintain price range holders knowledgeable and in management.
BCD Journey important options
- BCD Alert delivers real-time risk notifications to maintain employees protected wherever they’re on the earth.
- Web site options actually useful guides and knowledge focused at customers and sectors.
- BCD’s companions embrace Lumo and AirHelp. They’ll use real-time data to assist vacationers predict disruptions and delays, touring sooner and smarter.
- COVID-19 data hub: Assists organizations in making higher journey selections with up-to-date COVID-19-related data.
- Utilizing BCD’s DecisionSource software, customers can analyze class spending and observe key metrics, to remain on prime of budgets.
- You need to use BCD Journey’s BCD Pay to trace whole journey expenditure, offering a significant snapshot of spending.
What reviewers say:
There aren’t any third-party opinions of BCD journey on-line.
How they stack up: BCD v TravelBank
- Like TravelBank’s incentive schemes, BCD Journey’s TripSource helps organizations decrease journey prices and incentivize good traveler habits.
- Clever integrations with Lumo and AirHelp can assist vacationers optimize their time and streamline journeys.
- Organizations reserving journey with BCD can offset carbon utilizing GreenSeat, one thing you may’t do with TravelBank.
So, which TravelBank various is the very best?
COVID-19 stopped enterprise journey in its tracks, however at present increasingly of us are having to journey for enterprise. Regardless of the dimension of your small business or sector, the quickest, least expensive, and best solution to organize enterprise journey is through the use of a journey administration firm.
Prospects and corporations are spoilt for alternative, however as we have seen in our evaluation of the 5 finest TravelBank options, not all journey administration suppliers are equal. If you happen to’re contemplating a substitute for TravelBank, then select TravelPerk. You will get entry to the world’s finest vary of enterprise journey stock, 24/7 help, and whole transparency over bills.
Would you wish to expertise the way forward for enterprise journey? Contact us at present for a free demo.
