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The best feedback on the success of a travel program used to be based on the number of complaints received in the travel department or at the C-Level in a company.
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Travel Policy Development and Review |
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The travel policy is only effective if it is communicated and distributed on a consistent basis. PTC can provide a comprehensive travel policy to ensure employee understanding of the rationale
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Corporate Payment systems have become more sophisticated and competitive over the years. PTC can provide support in the selection of a corporate card system (individual and purchasing
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Pre-Trip Approval Systems |
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The best way to control travel expenses is BEFORE the trip commences, and one of the most effective tools is a pre-trip approval program. PTC has developed a variety of models from a basic
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The travel industry has been challenged to develop a universally accepted benchmarking system to measure the effectiveness of a travel program. PTC developed the Managed Travel Indexsm,
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Ever since 9/11 it has been critical for companies to know EXACTLY where each and every one of their employees is at any point in time. PTC’s Chief Information Officer Evan Newman developed
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Corporate Payment systems have become more sophisticated and competitive over the years. PTC can provide support in the selection of a corporate card system (individual and purchasing
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The typical travel agency financial model is based on the client paying for the salaries and benefits of the agents assigned to the account, plus a fee per transaction or a management fee. The
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This area of expense is the most difficult for a corporation to identify and manage due to the way the expenses are posted in the General Ledger system. There is a significant opportunity to
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The typical travel agency financial model is based on a return of (most) commissions against which a transaction or management fee is applied, resulting in an invoice paid on a monthly basis.
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The expense report system is the best weapon to enforce a travel policy and reduce employee waste and abuse. There are a number of choices in an expense report system, but the choice
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Prior to the CTD program, the financial model between travel agencies and corporations was in the form of a rebate, whereby the agency returned a percentage of commissions back to the
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There are over 30,000 travel agency licenses in the US ranging from the top five global TMCs and online travel agencies, as well as very effective regional and national agencies.
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