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Holistic Approach to your travel budget

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Cheap fares - pros/cons. Best Fare of the Day. Promotional Periods. Oct/Nov UK/Europe short life airfares offered. Planning ahead. Management reporting ... – PowerPoint PPT presentation

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Title: Holistic Approach to your travel budget


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(No Transcript)
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Brendan Drury GM FCM Travel Solutions, Stage an
d Screen, CiEvents Proudly part of Flight Centr
e
  • Holistic Approach to your travel budget

3
  • Travel is one of the top 5 expenses in most
    businesses
  • Optimising the Travel budget
  • Travel and the Internet
  • What do your employees expect when they travel
  • Conference Incentives Events

4
  • Is the Trip necessary ?
  • Air / Land
  • Leveraging Preferred Agreements
  • Different Airfare types flexible/ non flexible

  • Look at overall costs hotel, taxi, airport car
    parking etc
  • Cheap fares - pros/cons
  • Best Fare of the Day
  • Promotional Periods
  • Oct/Nov UK/Europe short life airfares offered
  • Planning ahead

5
  • Management reporting
  • Monitoring travel budget effectively
  • Changes
  • Lead in time
  • Consolidation of spend
  • Travel Guideline/ Policy
  • Drives behaviour / Savings
  • Control through authorisation
  • Credit Facilities
  • Expense Management tools
  • Enhanced data through Credit Card

6
  • Internet
  • Purchasing
  • Airline, Hotel Car Rental sites
  • Searching - time is money
  • Travel sites
  • Helpdesk / 24/7

7
  • Policy / Guideline
  • As your company expands this will be come more
    relevant
  • Authorisation pros/cons
  • Travel Allowance
  • Implement realistic daily allowance
  • Set expectations through Travel Guideline/Policy

  • Leisure travel tagged onto business trip
  • Managing increasing leave
  • Customer Care
  • Travel Insurance
  • Danger spots
  • Airline/Hotel memberships
  • Lounge passes / FFP cards
  • Visas / Passports

8
  • Meetings and events DO play a strategic role in
    driving business within any organisation
  • Face to face key
  • A survey, conducted by the MPI foundation
    concluded that -
  • 96 of marketing executives use events within
    their total marketing mix
  • 49 believe the importance of events is
    increasing
  • 24 believe events provide the best ROI in
    marketing (18 Web Marketing/15 Sales
    Promotion/14 PR and 9 Print Advertising)

9
  • Incentive continues to grow
  • The difference between a good event and a great
    event comes down to a couple of key factors-
  • Extending the life of the event
  • Matching the budget with the recipients
  • Maintain brand consistency
  • Show Stopper

10
Brendan Drury
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