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Driving productivity with technology

Travel Technology Investment Trends research reveals a majority of Business Travel Agencies are already deploying a number of tech-enabled techniques to drive productivity across their organizations. Notably, the use of virtual cards for payment is becoming widespread.

%

Digital payments in the booking flow
(virtual cards)

%

Using customer profiles along the booking flow

%

Tools to present whole journey offers and complete on a single screen

%

Automation of manual processes

%

Closer integration with third-party booking tools

Virtual cards bring many benefits and are a rapidly growing technology in the corporate travel space. They offer increased convenience, security and fraud protection, while having the capability to set spending limits and expiration dates.

Virtual cards also offer a secure and accessible way for corporate travel bookers to monitor expenditure, reducing the need for reconciliation and paper expense processes. Finally, virtual cards can be issued in multiple currencies, reducing foreign exchange costs and helping agents to save money.

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