Automation has been a buzzword in business
travel for a few years now. We have seen the emergence and success of many
ideas towards automating various nuances of business travel. From automated
travel and expense management systems to self-booking tools and so on,
technology has been making steadfast advancements to simplify corporate travel
and increase efficiencies. These systems surely go a long way in saving time by
doing away with legacy manual methods that are tedious and prone to errors.
But with all this progress, companies are
far from realising the true potential of travel automation at a global scale.
Let’s take a look at some of the missing pieces of the puzzle:
Lack
of owned technology
Organisations that work with multiple
partners, and TMCs that provide efficiency solutions to corporates are mostly
dependent on third-party online solutions and technologies. As a result, they
face challenges with scalability, customisability and compliance adherence. Also,
these technology platforms usually demonstrate location-centric capabilities when
deployed and are not uniformly globalised in the real sense. However, it is not
always feasible for organisations to invest and develop in-house platforms that
can support the different nuances of their travel requirements worldwide.
Low
adoption of booking tools
Increasing the adoption of online booking
tools (OBT) is a pertinent challenge in companies. While the reason for this is
largely accrued to the user experience, one of the crucial factors that gets
overlooked is the limitation of fare availability on the tools. Let’s not
forget that almost all these tools are equipped to only provide GDS content and
miss out on a massive, lucrative universe of LCC content and many other travel
suppliers whose content doesn’t sit on the OBT. Plus, the fares available on
the OBT are host country fares and not global fares sourced locally. Another
challenge is global booking tools may not display fares from or can be deployed
in certain geographies.
Country-specific
automation tools
There are companies that use automation
tools specific to a certain country and become a major roadblock to global
travel requirements. That being said, it may not be feasible for a company to
always opt for a global tool given implementation and cost constraints. Yet,
they are probably missing out on savings they could achieve with global fares
accessible anywhere.
Global
fares could get locally restricted
Another dimension to the automation game is
that even with globally contracted fares, corporates are able to make them
accessible to employees only at a local level. Which means, only employees of a
host-country have access to the fares available there, but not employees of
other countries. Employees traveling to destinations in multiple countries find
themselves either struggling or unable to purchase the locally available fares,
resulting in higher spends. And even if they manage to get access, payments can
be a real pain.
Real automation is achieved when every
penny that can be saved has been saved, and people have not struggled in that
effort! In order to achieve as much of it as possible, businesses need to start
thinking on the lines of what they are missing out in the world of fare
content, and how they can standardise their systems at a global level with more
control and ownership of technology.
Authored
by Preetham Narayan, Chief Operating Officer, Mystifly Global Consolidation and
Technology Service Pte. Ltd.
Mystifly
is present at the Business Travel Show 2017 in February, Stand No. B 944. Drop by for a free
demo of MyFareBox – the award winning Global Airfare Consolidation platform,
and Azygos – Global Corporate Travel Procurement Framework from Mystifly.
Register for a free visitor pass now at www.BusinessTravelShow.com
Register for a free visitor pass now at www.BusinessTravelShow.com
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