MacNair Travel Management

MacNair Travel Management

Category: Content
Type: Blog Article

Generated 2 months ago

New blog articles detected

  • 4 Reasons Why We Recommend Utilizing Business Process Outsourcing

    Outsourcing is common with businesses, both small and large. What makes Business Process Outsourcing (BPO) different from typical outsourcing is that an entire non-core business process, rather than separate tasks, is outsourced to a third-party service provider – putting the provider in charge of an entire functional area of the business. Typically, BPO is used as a cost-saving measu...

MacNair Travel Management

Category: Content
Type: Blog Article

Generated 2 months ago

New blog articles detected

  • How Will this Year’s Travel Trends Impact Your Business?

    The overall state of business travel is often considered to be a strong indicator of the overall health of the U.S. economy. Two of the leading causes that slowed business travel in 2016 — the U.S. presidential election and the British vote to leave the European Union – are resolved, leaving the outlook for 2017 particularly promising. According to a poll of 63 travel managers conduct...

  • Travel Policy Optimization = Effective Data Management

    You can’t manage what you can’t measure. Having access to reliable data is essential for controlling business travel, yet many CFOs do not pay the same amount of attention to this aspect of their business as other core areas of operation. This is a mistake. Travel and Expense (T&E) budgets represent the second largest controllable cost for most organizations, typically coming in behin...

MacNair Travel Management

Category: Content
Type: Blog Article

Generated 2 months ago

New blog articles detected

  • How a TMC Contributes to Business Process Management

    Even if they are not using a comprehensive business process management (BPM) enterprise suite through vendors such as Oracle and SAP, most organizations still use some form of a business process management system. Unfortunately, few companies realize the true potential of BPM and how it relates to the T&E processes. Harnessing the power of BMP for travel can only be achieved by first ...

  • Benefits of A Single Card Travel Program

    Simple payment management changes, such as introducing the use of virtual payment options, like Central Travel Solution (CTS) or Business Travel Account (BTA) commercial cards, can significantly improve the ROI on travel programs. A TMC with expertise in payment management systems can help your organization build travel policy guidelines to ensure credit card payments are consolidated ...

  • The Disconnect Between Policy and Travelers and What to do About it

    According to a recent study conducted by GBTA Foundation and HRS, most travelers believe that they are familiar with and understand their company’s travel policy. In fact, their research indicated that 96 percent of North American business travelers say they are knowledgeable about their company's travel policies and 79 percent of travelers say that company policy has the greatest impa...

  • Travel Safety in 2017: Traveler Tracking Expands

    Many travelers, especial those traveling abroad, are exposed to dangerous risks to their safety and well-being. Hardly a year goes by without hearing about a natural disaster, public unrest, act of terrorism, or outbreak of an infectious disease – all of which directly impact travelers. 2016 was an especially tumultuous year when terrorists struck targets throughout Europe, in areas t...

  • The Challenges of Supplier-Direct Booking for Managed Travel Programs

    Motivation for travelers to book direct with suppliers is on the rise, creating unique challenges for managed travel programs. Travel suppliers, especially hotels, are making a concerted effort to cut out middlemen by re-launching loyalty programs and adding incentives to entice business travelers to book directly with them – thus bypassing corporate travel policy. With non-compliant ...

  • Best Practices for Benchmarking Your Travel Program

    Travel and Expense (T&E) budgets represent the second largest controllable cost for most organizations. Improving your managed travel program offers a huge opportunity to enhance your company’s bottom line and overall financial wellbeing. One of the most effective ways to accomplish that is through the process of benchmarking. For managed travel, the benchmarking process will compare k...

  • Managed Travel Program Trends for 2017

    As a travel manager, you are likely pulled in multiple directions as you handle various aspects of the travel program that impact your travelers, finance team and organization writ large. While this may not be anything new, some of the trends expected in managed travel for 2017 are, and will continue to modernize the face of business travel. While travel costs look like they will rem...

  • [INFOGRAPHIC] How to Build a Successful RFP for Travel Services

    The RFPs that come across our desks are often template-based and describe common program objectives such as: save money, enhance productivity, improve control, increase online adoption, automate reporting, etc. The average RFP fails to address the specific steps the organization needs to take to achieve each objective. In addition, most organizations going out to RFP don’t know the und...

  • Travel Reporting Objectives for the Data-Driven Travel Manager

    According to research from the Aberdeen Group, 51% of companies cited a lack of visibility into travel spend as their top T&E management challenge. If you are like most organizations, the amount of spend related to travel is huge. In fact, travel is considered to be the second largest controllable business expense. With that in mind, do you feel like you have control over your company’...

  • Mobile Technologies for Travel Booking and Itinerary Management

    Mobile technology has revolutionized the way business travelers book and manage work-related trips. Mobile devices have made it convenient for travelers to check flight statuses, adjust schedules, generate online boarding passes, book hotels and arrange for rental cars on the fly. With over 500 free travel-related apps available on the Google Play Store, what is convenient for traveler...

MacNair Travel Management

Category: Content
Type: Blog Article

Generated 7 months ago

New blog articles detected

  • Is Travel and Expense Occupational Fraud Killing Your Bottom Line?

    The Association of Certified Fraud Examiners (ACFE) defines occupational fraud as “the use of one’s occupation for personal enrichment through the deliberate misuse or misapplication of the employing organization’s resources or assets.” In ACFE’s 2016 Global Fraud Study, Report to the Nations on Occupational Fraud and Abuse, they estimated that worldwide, organizations lose up to 5 per...

MacNair Travel Management

Category: Content
Type: Blog Article

Generated 7 months ago

New blog articles detected

  • Shift Your T&E Management Process from Chaos to Calm

    At MacNair, we use the term Travel Anarchy™ or unmanaged travel to describe organizations that have a chaotic Travel and Expense Management (TEM) process. While many organizations depend on travel to drive growth, those that are completely unaware of managed travel processes end up creating unnecessary costs for themselves in both time and money. Granted, it can be challenging for orga...

MacNair Travel Management

Category: Content
Type: Blog Article

Generated 7 months ago

New blog articles detected

  • The Right Approach to Reducing Travel Spend by 10-20%

    Many Small to Medium Enterprises (SMEs) believe the most advantageous way to reduce corporate travel cost is to eliminate Travel Management Company (TMC) fees, but cutting TMC fees is a short- sighted approach when it comes to saving money on corporate travel expenses. A forward-looking approach is to implement a strategy that takes advantage of the significant value TMCs provide orga...

  • Reduce Costs With an Intelligent Travel Policy

    Companies of all shapes and sizes and in all industries are under continued pressure to find ways to reduce their costs, while improving efficiencies, productivity and performance. It would seem that after surviving “the great recession,” organizations have already exhausted the most obvious cost cutting measures.

MacNair Travel Management

Category: Content
Type: Blog Article

Generated 8 months ago

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