Measuring and analyzing business travel spend involves not just looking at quantitative reports but instead focus all the energy on looking at qualitative reports that would help eliminate losses or leakages in their business travel program.
Understanding buying behavior and the resulting cost associated with is key to understanding the changes that program might need. Its essential to know whether a particular non efficient buying pattern is prevalent due to business problems or behavioral problems.
The opportunity losses associated to business travel need to be quantified to help management realize how much money they are leaving behind on the table.
Travel policy : Measure and build
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