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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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The travel industry has seen a surge in the use of Online Booking Tool (OBT) products, and there are various ways to measure the ROI on the implementation of and OBT as an alternative to
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Hotel expenditures can be managed with an effective program that controls up-front policy compliance combined with an effective commission tracking program.
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With approximately 300 airlines on the global landscape, corporate buyers are challenged by developing an effective RFP strategy that will maximize their ability to deliver on market share to preferred carriers so that they may benefit from the best possible discounts.
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The elimination of most agency commissions has resulted in the need to reduce the agency transaction fee, and the use of an Online Booking Tool has resulted in a reduced fee and often
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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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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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Scheduled air travel has become increasingly challenging and has cost our economy billions of dollars in lost productivity. There are occasions where a private charter is cost-justified,
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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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Hotel Directory and Negotiation |
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Hotels present the most significant savings opportunities in a travel program. PTC will help you define the combination of effective sourcing of the right mix of properties and
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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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Car rental is usually the least expensive part of a trip (compared to airfare and hotel), yet it presents a significant opportunity to reduce costs from both a sourcing standpoint as well as effective
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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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There are many choices for private car service in major markets both in the US and International locations. PTC can provide guidance in both vendor selection and booking process to ensure the
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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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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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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 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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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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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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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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