3 Reasons Why Small Businesses Should Have A Corporate Account for Business Travel
Traveling to meet clients face-to-face can carry genuineness and help push leads to clients, making business travel essential for growing businesses. However, research shows that small businesses, on average, tend to spend more on trips in percentage than large businesses. Travel expenses can quickly become over the top and unmanageable, which is detrimental to growing businesses.
A corporate account for business travel helps improve business travel management because it saves time, provides an easy tracking system, and allows low-cost options to help small businesses stay within the budget.
Continue reading to learn more about small businesses’ benefits by having a corporate account for business travel.
- Saving Time
A corporate account for business travel centralizes information on all employees’ trips. When travelers book independently, the receipts and itineraries are scattered across emails, websites, and different credit card payments. Small businesses only have a few employees, and extra time for collecting information distracts employees from real work. To avoid this, a centralized corporate account for flights, hotels, and rental cars helps smooth the process and save time.
2. Easy Tracking
When employees book independently, problems like unclear transactions, untrustworthy booking sites, or trips over budget stays arise. The bill that comes after can be hard to stomach and too late to cancel. A corporate account destined for business travel can relieve stress from surprising payments. With advanced technology, payments are immediate and accessible online and through mobile apps. This helps avoid spending or unclear transactions since employers can monitor transactions and make changes instantly.
3. Low- Cost Options
According to the experts at TravelPerk, companies don’t give themselves access to low-cost inventory. New providers like Airbnb or Uber have made travel cheaper, but some avoid these great options for “professional” reasons. Businesses rely on hotels and often book through travel agents that come with a premium. The corporate account allows businesses to no longer need to collect receipts and itineraries, which helps save time. Businesses can now focus on spending less and choosing better travel options from sites such as Airbnb and Uber.
A corporate account for business travel helps small businesses to gain corporate credibility because it reduces errors and makes booking processes more automatic.
Vacayz has various travel options from hotels to Airbnbs to help small businesses stay within the budget. Booking through Vacayz not only offers you low-cost travel options like Airbnb, but it also minimizes the risks of cancellation with flights or stays. Vacayz understands that meeting dates can change or get canceled at the last minute, so Vacayz offers free cancellation and changing booking dates for up to 5 years without purchasing travel insurance.
