Name: Travel Managers Office Hours: Uncovering the Value of Travel Leakage
Uploaded: 2021-01-26T23:50:14.000Z
Duration: 49 min 35 s
Description: Uncovering the Value of Travel Leakage

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Corporate Learning Management

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Traxo is a platform designed for corporate travel managers to effectively track and manage corporate travel activity and expenses. It caters to companies of all sizes and is utilized by professionals in various roles such as Travel Managers, Travel Operations Managers, Procurement Managers, Finance Managers, and HR Managers. Traxo is widely adopted across industries including Technology, Consulting, Healthcare, Manufacturing, and Financial Services.

## Key Features

**Seamless integration**: According to the vendor, Traxo seamlessly integrates with various travel booking sources, capturing every reservation in a centralized system. It provides comprehensive visibility and actionable insights into travel data, regardless of the booking source.

**Swift implementation**: The vendor claims that Traxo can be implemented quickly and easily, requiring minimal employee training or interaction. The platform is designed for rapid deployment, enabling companies to efficiently track and manage their travel activity within a short timeframe.

**Designed for total pre-trip visibility**: Traxo offers real-time visibility into travel bookings, changes, and cancellations, empowering travel managers to stay informed about their travelers' plans. This comprehensive pre-trip visibility ensures effective duty of care and enables proactive measures in case of emergencies or disruptions.

**Built to automate data collection**: Traxo automates the collection, merging, and de-duplication of travel data from multiple sources, eliminating the need for manual data entry and reconciliation. The platform captures and extracts detailed information from flights, trains, hotels, car rentals, ride shares, and more, saving valuable time and effort for travel managers.

**Architected with robust security measures**: Traxo is built with enterprise-grade security measures to protect sensitive travel data. The platform offers regional hosting options, secure transmission protocols, and encryption to ensure data protection and compliance with data privacy regulations.

**Comprehensive capture and visualization of all bookings**: Traxo captures and consolidates travel bookings from over 500 points of sale, providing travel managers with insightful dashboards, reports, and detailed views. This enables a comprehensive view of the entire travel program, allowing managers to filter and analyze bookings by category or supplier.

**Automated booking capture**: Traxo utilizes an advanced travel booking parser that can detect, capture, and extract detailed information from various travel sources. With support for over 500 points of sale, the platform ensures that no booking is overlooked or missed.

**Centralized visualization of all bookings**: Traxo provides a centralized view of all travel bookings, including those from travel management companies (TMCs) and off-channel sources. Travel managers can easily filter, sort, and analyze bookings based on categories, suppliers, and other criteria.

**Real-time analysis of program metrics and KPIs**: Traxo enables travel managers to track and analyze travel program metrics and key performance indicators (KPIs) in real-time. By monitoring travel activity and spending against predefined rules and metrics, managers can identify trends, patterns, and areas for improvement.

**Integration with preferred travel services**: Traxo allows travel managers to automatically sync their bookings with preferred travel services. The platform offers a marketplace of multiple providers in duty of care, expense management, re-shopping, TMCs, and more, providing flexibility and customization options for travel program management.

Through a travel data capture platform, Traxo helps corporate travel managers, travel management companies (TMCs), expense management applications and risk management services to track and manage total corporate travel spend and booking activity from end-to-end, regardless of booking channel. This travel data enables proper duty of care, accurate expense management and reporting, improved program compliance, enhanced traveler satisfaction, and uncovers savings opportunities.

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Expensify automates the entire spend management process. Scan receipts, track mileage, submit and approve expenses, manage corporate cards, reimburse employees, pay bills, send invoices, and book travel. Built for individuals and companies of all sizes, anywhere in the world.

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Rippling’s platform for HR, IT, payroll, and spend management automates the entire employee lifecycle, ensures compliance, supports device management, and provides real-time financial visibility from a central dashboard.

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Travel Management

Balancing Traveler Safety, Security and Privacy

Travel Managers Office Hours: Balancing Traveler Safety, Security and Privacy

Travel managers have a number of considerations to address before they can re-open their travel programs, chief among them: traveler safety. Keeping up with the evolving safety protocols from airlines, hotels, and other suppliers, along with country and even state quarantine requirements which are constantly in flux, is a Herculean effort.

Adding to that confusion, new data privacy laws and the sudden importance of an employee’s health concerns to their work environment introduce new wrinkles a travel team has to contend with.

This intersection of duty of care and data privacy now falls squarely into the realm of corporate travel management -- not just your security, risk management, or legal team.

In this webinar, we discuss:
- Duty of care and data privacy: how do they intersect
- When should duty of care support begin and end
- A different, more holistic approach to duty of care
- How should companies balance potentially sensitive health data with duty of care needs
- What legal obligations do companies have regarding duty of care

Panelists include:
- Sterling Miller, Three-Time General Counsel, author, keynote speaker - currently Senior Counsel at Hilgers Graben PLLC
- Bruce McIndoe, President & Founder of WorldAware

Learn more at https://info.traxo.com/travel-managers-office-hours-duty-of-care-data-privacy

Travel Managers Office Hours: Uncovering the Value of Travel Leakage

In this edition of Traxo's Travel Managers Office hours webinar series, we brought together three experts with a wide range of travel industry experience to discuss the value hidden in corporate travel leakage.

Panelists for the event include:
- Jennifer Steinke, Global Travel Manager at PPD
- John Packel, Co-CEO at Smart Hotel Rate
- Greeley Koch, VP of Consulting at DigiTravel

During the webinar, they discussed:
- Uncovering travel leakage with modern technology
- Identifying & correcting missed savings opportunities
- Leveraging data to improve traveler safety & satisfaction

These are a set of features that define travel management and the different applications of a travel management solution.

Customizable Travel Policies

Users can set up, customize, and manage travel policies by company department, hotel budget, flight budgets for specific destinations, and more.

Customizable Approval Workflows

Customizable approval workflows allow itinerary approvals for anything that falls outside of the preset travel policies.

Extensive Inventory

The application should include partnerships with a wide variety of airlines, hotels, rental cars, and/or rental homes to give users plenty of options when booking with negotiated discounts if possible.

Readily Available Support

Support teams readily available to help resolve any booking-related issues, or general questions about the product.

Travel Spend Reports

Expense reports for each traveler that include metrics such as the amount, the location, the date, and the type of expenditures during the trip.

Consolidated Invoicing

Centralized invoicing and payment features so users can price travel and pay for their itineraries using multiple payment methods.

Easy Travel Booking

Users are able to seamlessly look up and book travel without having to use other tools or websites.

Mobile Travel Application

A mobile version of the service that allows users to check in and access their itinerary information while on the go.

Centralized Itinerary Management

A centralized place for users to manage their entire travel itinerary.

Collaborative Booking

Users can collaborate to create and edit itineraries as well as share booked itineraries for others to see.

Loyalty Programs

The service implements its own loyalty program and/or allows users to participate in established hotel/airline loyalty programs.

Reuses Traveler Information

The service offers a means of saving and reusing individual traveler information to make it easier to book future travel for the same traveler.

User-friendly Interface

The user interface is easy to use and reliable.

Integrated Expensing Tool

Either has a bespoke expensing tool, or integrates with other industry leaders to expense travel-related purchases.

Travel Alerts

Alerts when travel changes along an itinerary with SMS, a messaging application, and/or other phone channels

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