CFO’s Guide to Reducing Team Travel Costs

Take Your Travel Manager Out For Coffee

Book Early, Book Smart

Reducing Flight Costs

Reducing The Size Of Your Team

  • Savings to be made at all stages of the business trip, from the airport to accommodation and everything in between.
  • These savings can be allocated to other team members, to ensure their comfort with perks like business class tickets.
  • Reducing the size of your team reduces the chance for friction and frayed relationships.
  • Monitoring the spending and safety of overseas employees can be intensive without a streamlined management platform, but is markedly easier with a smaller team.
  • Keeping the workload the same while reducing the number of workers is an age-old recipe for stress. Before consolidating the size of their team, CFOs must be confident that their travellers can complete the work comfortably and at their best.
  • Fewer staff mean fewer networking opportunities. Some of the most profitable conversations for business travellers can occur behind the snooker table, or with a glass of wine in hand.
  • Reducing the size of a travel team sets a precedent for future trips, which may not be sustainable. Just because a particular crop of employees succeeded with fewer colleagues, does not mean future teams will be so lucky. For a travel program optimised for profit and productivity, CFOs and travel managers must treat each team as a unique entity with unique challenges and opportunities.

Reducing The Duration Of The Business Trip

Alternative Accommodation Options

Arm Them With The Basics

Virtual Payments

Create A Destination Travel Itinerary

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Locomote Business Travel

Locomote Business Travel

Business travel built to save you time, costs and headaches.