By: Meena Selvaraju -- Senior research analyst, Professional Services
20 March, 2018
A growing number of new responsibilities are added to the job description of today’s travel managers. According to a new study by the Global Business Travel Association (GBTA), travel managers report that mobility, virtual payments, and data are contributing toward transforming their roles and responsibilities. In many cases, travel managers have been asked to lead company-wide efforts to cut travel costs, track those savings, and report the results of these initiatives to the senior management. Travel manager plays a significant financial role and can contribute to a corporation’s shareholder value. Since the cost of travel is a corporation's second or third largest controllable expense, having experienced travel managers manage and negotiate travel-related services provides measurable financial benefits to the corporation.
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