As the global business community becomes more widespread, intersectional, and competitive, business travel is key to initiating and fostering client relationships and improving a company’s competitive standing. However, if travel and expense spend is mismanaged, business travel can become costlier than it is worth.
One way that companies try to improve control over travel spend is by implementing stronger guidelines over how employees book travel. This involves leveraging online booking tools (OBTs) to support business travelers and streamline travel booking without sacrificing any control over the booking process.
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