What is a travel policy?
A travel policy in normally incorporated in the expense policy and provide guidance to travellers on how they are permitted to travel, aligned to the business goals and objectives of the company. They may include value for money, wellbeing of travellers and sustainability, as well as preferred suppliers and rules on class of travel, hotel rate caps and trip duration.
How will my company benefit from a travel policy?
Travel policies guide the traveller to do the right thing within the company guidelines. Supported by a TMC this can lead to better procurement choices through insights on spend, cost control managed by approvals and a more sustainable approach to travel.
How do I write a travel policy?
It’s more important than ever to engage a wide range of stakeholders from your business to understand what the objective of the policy are. We recommend including, HR, Travellers, Bookers and Finance in the consultation. Clyde can help facilitate this discussion and help you to write the right policy for your people and you business.