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Showing posts with label business travel. Show all posts
Showing posts with label business travel. Show all posts

Friday, December 26, 2014

Things to Keep an eye in Booking your Business Accommodation

Your management claims that you've got to travel out of the city or outside the state in order to look after business enterprise matters. This is a business journey, and the corporation will be paying out for everything. All you have to conduct is be where you have to be. There are a some matters you should remember when you're looking for that business travel accommodation. Check on the internet. The Net has really changed just how queries, and reservations are executed. Resort rooms might be booked with the use of the Master card through the input of Visa card details. You must be aware of the lots decisions which are generally available as well as except for that, you will visualize each accommodation thanks to the photos posted. Pick the hotel that's nearest to the airport additionally, the situation of the business function. When you're staying at a hotel, that's just walking length to the place you have to be, you clear away the needs for car rentals. You could just walk and luxuriate in the views. Wireless connection. You will ought to gain access to dependable Web connection so that you can take a look at your mails and send files any time you want to. With the appearance of technology along with the web, virtually all, if not, all hotel accommodations currently provide Internet access. Lots of dealings and communications are broadcast through e-mail, and is the reason why a Web connection is virtually a prerequisite now. Check out the hotel if it offers an office for its guests. An office will have the obligatory resources and tools like a fax machine, PC and printer, office supplies, for example. You'll be able to make use of the office to accomplish certain tasks. All work and no play is a no-no. Verify that the organization travel accommodation provides spa service. Most hotels now have this type of service so that the guests can be pampered on their stay. In case the hotel delivers massage, obtain one. It assists you relax so you may be prepared for the following day at work. 6. Amenities like the gymnasium and a pool are very important in the process since you do not want to let go of your exercise program. Sweating it out on the weight space or treadmill should help unleash endorphin within your body so you don't remain stressed all across the business journey.

Tuesday, November 18, 2014

The Real Reason Business Travelers Love Fast-Food



Today, business travelers are less likely to dine on steak and wine and more likely to grab a Big Mac and a Pumpkin Spice Latte, a new study shows.

According to the latest Certify SpendSmart Report, the three restaurants business travelers expense the most are Starbucks, McDonald's and Panera Bread. Starbucks dominates breakfast, with a whopping 12.9 percent of meals expensed during breakfast hours eaten at the coffee chain. Meanwhile, McDonald's meals make up 3.3 percent of lunches expensed and 1.7 percent of dinners.

How did these chains end up on the top of the corporate credit card stack? Certify CEO Bob Neveu revealed three things these chains that others lacked.

They have Wi-Fi. Stuck in an airport or a foreign city for a few hours? Most likely, all you want is some food and a place to catch up on work or check Facebook. Chains at the top of the most expensed list, especially Starbucks and McDonald's, have made names for themselves as providers of free Wi-Fi.

"You think about Subway… it generally doesn’t have Wi-Fi," says Neveu. Even when individual locations offer Wi-Fi, the fact that some chains are widely known for the service boosts their popularity. McDonald's realizes the power of this reputation, as it builds its McCafe line as lower-priced take on Starbuck's refuge for individuals who want a cup of coffee and a place to work on their computer.

They're reliable. Whether you're in Tokyo or London, you're sure to be able to find a Starbucks to grab a coffee. Mega-chains like Starbucks and McDonald's, as well as Panera to a lesser degree, rely on the assurance that wherever you go, your meal will be reliable and familiar.

"You specifically see companies saying, let's use the same hotels, the same rental car companies, the same airfare plans, even the same restaurants – it's predictable, not only in terms of quality, but in terms of price," says Neveu. If you're planning to take a client out to lunch in a foreign city, better to stop by Panera, where you know the menu and you're sure you won't go over your budget, than get food poisoning at an unknown local restaurant.

Monday, March 31, 2014

Managing Travel Expenses Even the Vice President

If you think your business is facing extreme travel expense management challenges, then just be happy that none of your employees are vice president of the United States. It recently came to light that the man who does hold that office, Joe Biden, has been spending more than a pretty penny on his business travel ventures. According to CNN, Biden went to Europe on a brief trip, and his expenses were exorbitant. The bills included a whopping $585,000 for a one-night stay in Paris, $321,665 for a limousine company and $459,338.65 for a separate hotel booking in London. Biden himself was only in each town for one night, but he had a massive advance team traveling with him, renting 136 rooms for multiple evenings on the London leg of the tour. A spokesman for the State Department told CNN that these expenses were "nothing out of the ordinary" for a sitting vice president.

"They are in line with high-level travel across multiple administrations. The contract costs cover the entire range of support, including accommodations for military, communications, secret service staff and other support professionals," the department said in a statement.

All of this goes to show that everyone, whether a small business owner or the second most powerful man in America, is prone to making some questionable financial decisions sometimes. By using expense reporting software, everyone can keep better tabs on his or her expenditures, possibly preventing such incidents of overspending in the future.

Tuesday, March 18, 2014

Business Travel Make it Easy





Most of the businesses today make travel as the part and it plays a big part in the any kind of business firm. In the past it is known that business travel is a part of the business plans of the any kind of business firm but somehow later on it causes a hard time for the business firms especially in handling the expense that they have in the company. Business travels are consider have a big expenses especially if it is taken occasionally by the employee imagine all of your expenses while you are in the trip are in the shoulder of the company from the airplane fare, hotel accommodation, foods and other expenses. But somehow every business company has their own policy on how to manage the expenses that they have after the trip but most of the employee are having the hard time with managing the papers that they have.

Since most of the employee are nagging with this all the time with the reports that they are business firms find a way somehow to make business travel even more easier. Today a lot of business company are making a big leap in using the technology and this is how the Certify comes into the place in having with the problem with the reports.

Your end-to-end travel booking solution built to simplify corporate travel for both the employee and the manager while providing low rates on airfare, hotels and rental vehicles.

Pre-trip notifications

View seating before booking

Enforce policy with travel restrictions

Integrated expense reporting solution

Apply unused ticket price to future bookings

Sunday, February 23, 2014

Revealing Business Travelers Techniques





Some companies implement travel policies to ensure that business travel expenses are kept to a minimum, while other companies use expense reporting technology to track and manage travel costs. Some business travelers, according to a recent report, are even turning to fast food in order to reduce their meal costs during business trips.

Certify recently found that the most frequent breakfast eatery for business travelers was Starbucks, 14 percent of all responding travelers reporting that they had purchased food from the coffee shop while traveling for business. Respondents spent an average of $8.44 per meal at the location, illustrating how travelers are able to keep their meal expenses low by turning to restaurant chains. Certify's data was drawn from the last three months of 2013, ensuring that the information recorded is current and relevant.

For lunch and dinner, the fast food trend continues. Certify found that McDonald's was the most frequently chosen restaurant by travelers, further bolstering the idea that low-cost fast food restaurants are becoming more attractive than ever for on-the-go employees. The average amount spent by business travelers for both lunch and dinner at McDonald's was under $7.50 - far below what most businesses are used to reimbursing for lunch or dinner expenses.

Bob Neveu, chief executive at Certify, explained to The Los Angeles Times that the report makes sense because fast food and other quick-service eating establishments offer a number of benefits for business travelers: they are often conveniently located, the service is prompt, and many even offer wireless access so that individuals can complete their work while eating their meal.

"Most people are traveling individually, and they are out for the week trying to get something fast, convenient and consistent that is within their company policy," Neveu told the news outlet.

For many businesses, putting a cap on exorbitant travel costs is a top priority. Eating at fast-food restaurants is one way of doing so - but it's not the only way. With the help of expense reporting technology, such as the technology offered by Certify, traveling workers will be able to keep their travel expenses low, even without eating their dinners at low-cost chain restaurants. These expense report technologies can track and analyze costs in real time, eliminate out-of-policy reimbursements and do much more to keep a business’s T&E budget down.

Wednesday, October 9, 2013

The Newest Statistics in Business Travel





When it comes to business there are so many things that are needed to focus on especially for the business travels. If you have noticed these days most of the business company making the travel as the essential thing for their business that they have. So why most of the company making business travel just because they want to make more business with the other people in the business world in creating friendship and partnership. It is also a best way in building a relationship with the other people in the market to lead or find more potential clients in the market. Most of the firms all over the world spend the big amount of money to send their workers in the different parts of the country or in the other location just behalf for your business firm.

Believe it or not even the business travel just contributed in the economy of the country especially the United States. Most of the American firms spends big amount of money just only for the business travel of the company employee and the country will have the benefit from it sue to the tax payments of the company.

Every employee that goes in a trip must need to meet with the business travel policy of the company especially for the expenses. The funds spent sending employees on business trips often offer extremely high ROI rates. However, there are steps that businesses can take in order to keep initial costs as low as possible: for example, employing the help of automated expense report management software.

Creating and publishing expense reports manually can be costly. Employees are forced to spend valuable traveling time collecting, organizing and entering data derived from their receipts, negatively impacting their efficiency and productivity levels while traveling. Additionally, accountants must be on staff to help cross-check the expenditures with company policy and to validate the data entry. Even still, managers are unable to properly oversee costs as they are incurred, which could lead to inflated and unexpected reimbursement costs at the end of a reporting period.

With Certify's automated expense report software, traveling employees can log all their costs in a matter of moments. The program's linked mobile application allows individuals to simply take a picture of the receipts listing their work expenditures - no manual data entry is required. Certify's software collects all the pertinent information from the receipt automatically, and fills out the report without the employee having to do anything themselves. Now, traveling workers can focus their energies toward the task at hand, and away from pesky, time-consuming reimbursement requests.

Thursday, July 11, 2013

Business Travelers wants to Increase their Bills

If you are working in a big company I’m sure as part of your work is getting into with the other business people such as a meeting or a business travel. When you are out of the trip most of us are making the travel expense reports and filling it there are so many costs that are included such as your hotel accommodation, airline tickets and foods.

Business travelers might find the amount they enter for their meals has been higher than usual recently, with food prices on the rise. Data from the Federal Reserve shows that produce prices have been growing quickly in the past decade, which could lead to higher priced salads and other dishes at restaurants.

According to Bloomberg Businessweek, the weather has had a major impact on the cost of food. Last year, the Midwest saw a major drought at the end of July, which lead to the prices of corn and soybeans to skyrocket, as the majority of these crops in the U.S. are in this region.

With the costs of sending employees on company trips rising, businesses should be concerned about the accuracy of expense reports. To help ensure these are as precise as possible, deploying expense reporting software could be a good move. This software can also make the lives of employees easier, as they no longer have to manually record every expense during their trip.

Monday, July 1, 2013

Business Travel Average Cost Understanding the Deeper Concept

Over the years business takes the hard time in handling it that is why most of the company today are making all of the things that can be work it out in managing the entire company and can play in the outside world of the business especially in the competition. Most of the firms today are using different kinds of tools to enhance more the performance that they have in the market since the market today are way more ahead due to the big bump of the technology in the world. Using the state of the art of the technology inside the company one of the thing that sure to be noticed are the performance of the employee in making their reports in the accurate way. Business travel is considered to be watched for in the any kind if business that you have and traveling is the part of any kind of business to be.

For example, recent data indicates that the average cost of domestic travel is $111.7 billion each year. Additionally, business travelers spend an average of $949 on airline costs, hotel fees and other expenses during trips around the U.S. annually.

Meanwhile, for every dollar spent, companies commonly see a $2.90 profit increase and a $9.50 rise in revenue. The corporate world can make it tough for a business to establish itself, however, which is why Certify is a top solution for firms that want to control their travel costs for years to come.

Certify helps companies save both time and money, as firms are able to use the solution to track employee bills on the go. This software automatically creates expense reports, enabling workers to submit timely, accurate materials to their superiors quickly.

The current economic climate often forces businesses to make difficult decisions that may affect them for extended periods of time. If a company makes cuts in the wrong areas, though, it may put its reputation and profits at risk.

Starbucks is one of many businesses that has seen the effects of a challenging economy. The Southern, an Illinois publication, reports that the company recently raised its prices 1 percent, which could deter many consumers from buying from the business.