Spending cash whereas touring on enterprise used to contain an entire mess of kinds, hassle, and paperwork. Fortunately, a brand new technology of on-line journey administration options makes it simpler than ever to handle enterprise journeys, growing 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 seeking to examine journey suppliers, or contemplating TravelBank options, here is our alternative of 5 of the very best options to TravelBank in 2022.
1. TravelPerk
TravelPerk lets you ebook journey from the world’s greatest enterprise journey stock, together with flights, trains, resorts, and automobile leases. Even higher, you’ll be able to even ebook an Airbnb to entry distinctive experiences and unique properties.
Top-of-the-line issues about TravelPerk is the way it incorporates flexibility, consolation, and accessible costs into the platform. The person interface is simple to make use of and extremely intuitive, making reserving enterprise journey fast, and fulfilling.
Behind the scenes, the system permits customers to entry the very best offers available on the market on flights, prepare journey, resorts, and automobile leases. It is simple to plan your full itinerary from the house to the resort and again – all contained in the superb 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 every part on-line, you’ll be able to 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 0 implementation prices.
- For a small further payment you’ll be able to add FlexiPerk and get 80% of your reserving value again if you want to cancel for any cause.
- GreenPerk lets you offset the carbon impression of your small business journey, serving to to guard the planet.
- Lets you customise and automate journey insurance policies to maximise compliance.
- Create automated expense experiences 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 an ideal expertise. The platform is straightforward to make use of and the dashboard could be navigated fairly simply. It’s a very handy technique to do company flight & resort bookings.” (Vinet)
“Glorious search and price 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 provided higher customer support when evaluating the 2.
2. Egencia
It’s possible you’ll not have heard of Egencia, however we’re positive you may have heard of its (former) father or mother firm Expedia. The enterprise boasts that it provides vacationers “unequalled worth, alternative, and expertise.” The corporate is backed by American Specific International Enterprise Journey (AMEX), giving it international attain.
The platform is concentrated on managers who wish to maximize ROI for enterprise journey reasonably than provide vacationers with essentially 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 provides customers extra coaching to make use of the platform.
- Reviewers recommend that TravelBank provides higher customer support.
- Extra individuals have been prepared to advocate Egencia than TravelBank (though the pattern dimension was low).
What reviewers say:
“Total, Egencia is an efficient instrument for my staff to make use of once I (or my work accomplice) aren’t accessible to make the reservations. They’ll simply entry their account, and the fees will go on the company bank card. This makes it throughout straightforward for the touring staff.”
Patricia Davies, Workplace Supervisor
“Customer support was terrible. It was a operating joke that after we needed to name customer support for one thing (frequent), it was a crap-shoot whether or not we have been going to get somebody that knew what they have 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 international customers and sells itself as an answer for finance professionals.
The platform makes use of a variety of permitted suppliers, together with your coverage guidelines inbuilt. Why is that this essential? Finance managers have higher management over the method, which implies insurance policies will likely be adopted to the letter (one thing each accountant loves).
As you’ll count on from an accountancy supplier, it is centered on the figures and integrates nicely with finance packages.
SAP Concur important options
- Offers glorious 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 could 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 rapidly. Customers can use the cell app.
What reviewers say:
“I might advocate this software program to anybody attempting to avoid wasting money and time on Journey and expense administration.”
“Once you do must enter info, it’s PAINFUL. The interface seems to be outdated and messy, and including pictures and receipts is a unnecessarily troublesome course of as a result of dangerous thumbnails and picture viewing.”
How they stack up: SAP Concur v TravelBank
- SAP Concur offers glorious 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 information base and useful movies, one thing TravelBank would not provide.
4. CWT
CWT is without doubt one of the oldest journey administration firms round. You should utilize the software program to rearrange journey in over 140 nations, that is greater than double these lined 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 can assist 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 instrument.
CWT important options
- Devoted resort administration and reserving integration allow you to streamline room reservations.
- Customers can name on help from knowledgeable consultants for recommendation and steerage when reserving journey.
- AnalytIQs offers reporting and visualization capabilities to observe and handle bills
- The platform permits organizations to evaluate the environmental impression of journey selections utilizing ECO – its Worker Wellbeing, Local weather Affect, 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 workers.”
Tracey Lee-C, Advertising and marketing Advisor
“The system is clunky, not person pleasant, and sometimes has flight costs listed at a price larger than the airline’s web site.”
How they stack up: CWT v TravelBank
- CWT is a little bit of an enormous within the discipline, with the attain to again it up. TravelBank is a newcomer, however that does not imply it is out instantly.
- TravelBank provides an attention-grabbing incentive system, encouraging staff to make cheaper selections and rewarding them.
- TravelBank permits 24/7 buyer contact by channels comparable to Slack, whereas CWT makes use of conventional – and sluggish – channels. It will matter in an emergency.
5. BCD Journey
BCD Journey goals to extend enterprise journey ROI by revolutionary new applied sciences and integrations. The corporate is larger 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 provides a variety of revolutionary help instruments to maintain funds holders knowledgeable and in management.
BCD Journey important options
- BCD Alert delivers real-time risk notifications to maintain workers secure wherever they’re on this planet.
- Web site options actually useful guides and data focused at customers and sectors.
- BCD’s companions embody Lumo and AirHelp. They’ll use real-time info to assist vacationers predict disruptions and delays, touring sooner and smarter.
- COVID-19 info hub: Assists organizations in making higher journey selections with up-to-date COVID-19-related info.
- Utilizing BCD’s DecisionSource instrument, customers can analyze class spending and monitor key metrics, to remain on high of budgets.
- You should utilize BCD Journey’s BCD Pay to trace whole journey expenditure, offering an important snapshot of spending.
What reviewers say:
There aren’t any third-party critiques 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’ll be able to’t do with TravelBank.
So, which TravelBank various is the very best?
COVID-19 stopped enterprise journey in its tracks, however in the present day increasingly of us are having to journey for enterprise. Regardless of the dimension of your small business or sector, the quickest, least expensive, and only technique to prepare enterprise journey is through the use of a journey administration firm.
Clients and firms are spoilt for alternative, however as we have seen in our assessment of the 5 greatest TravelBank options, not all journey administration suppliers are equal. If you happen to’re contemplating a substitute for TravelBank, then select TravelPerk. You may get entry to the world’s greatest vary of enterprise journey stock, 24/7 help, and whole transparency over bills.
Would you prefer to expertise the way forward for enterprise journey? Contact us in the present day for a free demo.
