Corporate Culture

Measuring Travel Policy Compliance

August 19, 2021 by Mikael Hellstrom

A travel policy is the foundation of any company’s travel and expense management program. It’s a set of rules and best practices that specifies how employees should book their trips. Without a travel policy, an organization has no system for controlling costs, ensuring employee safety, and capturing expense data. Even…

Business Travel

The Biggest Problem Faced by Travel Managers

August 11, 2021 by Kim Andreello

Here’s an interesting look at how challenging it is to determine whether your company’s travel program is working effectively. We have identified the biggest analytical pain points faced by corporate travel managers. At the top of the list: “quantifying savings.” The Trouble With Travel Savings Travel savings are difficult…

Corporate Culture

Decoding Corporate Culture

August 2, 2021 by Scott Toelle

Rocketrip’s a powerful tool for reducing corporate travel costs, but our incentive-based solution can have an even greater effect on a company’s culture. When employees are motivated to be partners in cost savings, they feel an increased sense of ownership and begin to treat the company’s money like…

Corporate Culture

Why Finance Departments Should Care About Travel

July 22, 2021 by Mikael Hellstrom

Fewer than 40% of CFOs report being satisfied with how travel expenses are currently managed in their companies.1 Concern about cost has led more companies to shift oversight of employee travel to their finance, procurement, or executive leadership teams. In an earlier era, travel management responsibilities were typically delegated to…

Corporate Culture

Business Travel Policy Metrics You Need to Know

July 16, 2021 by Mikael Hellstrom

If you’re looking to get a handle on travel and expense policy for your company, you’ve come to the right place. Rocketrip has a number of resources that will help you establish an effective process for managing your employees’ travel booking, spending, and expense reimbursement. Good data is an essential…

Corporate Culture

The One Question You Should Be Asking Employees

June 25, 2021 by Mikael Hellstrom

As the labor market stays tight and the workplace continues to evolve, employers are competing with one another to attract and retain top-performing employees. And they’re getting creative. Boxed offered to pay for employee weddings, Facebook’s office is equipped with tech-stocked vending machines (free for employees), and…

Corporate Culture

The Behavior-Changing Secret Every Travel Manager Should Know

June 15, 2021 by Kim Andreello

Most of us spend a shocking percentage of our lives trying to convince others—friends, bosses, kids, parents, colleagues, siblings, subordinates, customers, vendors, etc.—to change their behavior in ways minor or major. But very often these efforts fail to produce the desired outcome. Kids still won’t eat vegetables. Friends still keep…

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