Travel management: Lower travel costs with PartnerPlusBenefit
Travel management is being increasingly promoted in an ever rising globally-active business world.
The more frequently employees travel for business, the greater the cost of business travel management. This makes it all the more important that companies be able to “recover” a portion of the resulting costs with a far-reaching corporate bonus program.
Learn more about PartnerPlusBenefit. Lufthansa's extensive free corporate frequent flyer program offers small and medium-sized companies unique opportunities to save on travel costs for business trips and motivate employees. Companies that participate in PartnerPlusBenefit earn BenefitPoints that can then be redeemed for BenefitFlights, in-flight upgrades, lounge access, retail vouchers, FlyNet® vouchers and many more attractive rewards.
Background information on this topic
Business travel and the development of new markets
Internationally-oriented business models can be found more among SMEs founded in the last five years than among older SMEs (even though these newer companies have had less time to develop their business activities). It is worth to note that the majority of SMEs that have outperformed the overall market over the past three years are indicating a desire to further expand the exports in their total sales over the next three years, despite the current uncertain economic conditions.
Different markets – Different rules
Despite modern technologies, information gaps regarding the functional mechanisms of the international markets, lack of information about foreign markets, high customs duties and lack of know-how all hinder international expansion. In addition, it is difficult to build relationships with international partners and customer groups from afar. The exploration and gathering of information about the markets, as well as the constant monitoring of foreign operations already underway, drain increasingly scarce company resources.
Business travel: Flying towards success
International business relationships are increasingly becoming a prerequisite for the economic success of an enterprise. They help support the core business and promote its continued growth. This leads to an increase in business trips for many European companies. This comes at a price however. Expenditure on business travel in France & Benelux is increasing significantly despite all austerity measures. Medium-sized companies in particular are struggling with rapidly rising travel costs.
Rising oil prices, European emission allowances and national air traffic taxes are significant cost drivers for flight fares. In addition to the actual travel expenses, the cost of meals, lodging and auxiliary travel expenses must also be taken into account when calculating the costs involved in business trips. If there is an increase in corporate travel, the costs could decrease the actual success of the business trip.
Travel management for more efficiency
Against the backdrop of rising expenses for business trips and their increasing importance, investment in professional travel management is worthwhile. The objective of efficient business travel management is to optimize the costs resulting from a business trip for a company. The first step may be cooperation with a business travel agency / travel management service. These agencies can uncover savings opportunities when planning and booking travel, as well as during the journey itself. The total costs for business trips are reduced, allowing the company to remain competitive and profitable. In addition, the professional support creates time savings for employees so that they can focus on their core tasks.
Travel management in combination with PartnerPlusBenefit
PartnerPlusBenefit significantly contributes to the optimization of travel management. Participation in the corporate bonus program allows the travel costs to be reduced significantly, “stretching” the travel budget more efficiently. The BenefitPoints collected can be redeemed for award flights, upgrades or other rewards such as vouchers. This leaves your company with a balanced travel budget.