It also helps these businesses get a grip on their expense tracking and travel budgeting, for free. TravelPerk, on the other hand, is focused on helping small businesses get better deals on flight and accommodations around the world. This is the type of incentive that Rocketrip functions on, and it claims 30% savings on travel expenses per employee. For example, if the employee chooses to use Airbnb or stay with a friend instead of a 4-star hotel and ends up saving $350, the employee gets to keep $175. Instead of gift cards like Upside, Rocketrip allows employees to keep half of the money that they save. Rocketrip gives employees a real-time budget based on their itineraries. This service goes on the idea that travelers may not have the adequate knowledge to correctly assess whether business travel expenses are above, below, or at market price for the specific trip. Rocketrip also aims to take care of flexible employee travel habits. These steps help companies save a lot on travel expenses by changing the travel habits of the employees. You have a choice to go with your more expensive preference, or the cheaper alternative plus gift cards.These alternatives provide you with gift cards to make up the difference that you would save. Upside shows you the flights and hotels according to your preferences, as well as alternatives as a package.You enter your business trip details and the class of service (economy, business, etc.) you prefer.One fantastic website is Upside, a service that incentivizes employees to accept alternate and lower-priced travel conditions for free gift cards in return. For our purposes today, we’ll not cover the sharing economy services such as Uber and AirBnB, or low-cost airlines. Today, we’ll look at five amazing websites that will help business cut down on their travel spend. Some of the reasons for high business travel expenses include a lack of knowledge of better deals, employee/traveler habits (where the employee is not particularly concerned with saving on business trips), or inadequate travel expense systems. While these are quite helpful, there are many more ways for small and medium sized businesses to cut down on their business travel expenses. The growth of low-cost airlines is also assisting in this overall decrease in travel expenses. Companies such as Uber, Lyft, Airbnb and other sharing economy travel and accommodation services are helping businesses cut costs while maintaining comfort. With such a high demand for travel and business opportunities due to the more-connected modern world, it is becoming more and more important for businesses of all sizes to cut back on travel expenses. Another reason is that corporate travelers generally have travel policies in place, as well as sophisticated purchasing and requisitioning systems. The reason for these extra expenses could be related to the fact that small businesses need to travel more in general to cover more area.
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