Travel Management System – BookingXML
What is a Travel Management System?
A travel management system is a software product that handles all components of your business travel. Typically, they are integrated with travel service providers, providing real-time quotes, bookings, and trip logistics in one place. Managers can track bookings, cancellations, adjustments, and rescheduling in real-time, eliminating a lot of the manual back and forth that formerly had to happen through email.
When done well, these systems support to enforce consistent company guidelines, maximize air miles and other loyalty programs, and find price savings whenever global business travel is need. In today’s modern era where travel is such an essential part of operations, this is a must-have for any company that takes their travel seriously.
How Travel Companies Can Benefit from Travel Management Companies
In today’s globalised world, regular corporate travel is now an easy fact of life for many organisations. However, it is also becoming more common for businesses to turn to corporate travel representatives or professional travel management companies for assistance. An agent can then support a business to optimise its travel strategy in a number of ways, often by taking on liability for booking flights, car rentals, accommodation and events. For hotel owners, this means corporate travel representatives serve as an expensive link to business travellers.
In order to actually book accommodation, flights and transportation for business guests, most corporate travel representatives will turn to a global distribution system, or GDS system for short. With this in mind, it is important that companies operating in the travel industry like airlines, car rentals or hotels looking to maximise their attract to business travellers also link with the main GDS systems. Doing so will then allow travel agents to access real-time information about for example hotel’s room rates and availability, developing the chances that they turn to your hotel for their business travel needs and boosting your earnings in the process.
How Do Travel Management Companies Work?
Once you understand the difference between a travel agency and a travel management company, you can begin to see the special value a TMC offers. Integrating, centralizing, and often automating different components of modern business travel are how travel management companies develop any organization’s corporate travel program.
If your corporate travel program is unmanaged or lacking clear goals and policies, a travel management company can work with you to establish a travel management plan that fits your strategy.
By helping you examine your existing vendor relationships, rates, travel patterns and processes, a TMC can identify ways to streamline or automate methods, implement actionable data and reporting, while also requiring you with the technology you need to perform your plan and ultimately save money.
Services Provided by a Travel Management Company
As well as simply making flight or hotel reservations, the BookingXML will offer many other ancillary services such as aircraft charter, airport lounges, parking and transfers, hotel bed requests, car hire, operators, foreign exchange, group travel, hotel bill backs, insurance, leisure travel, marine travel, meal requests, meet and greets, passport and visa procurement, rail tickets, roadshow benefit and venue sourcing.
Company and different profiles are safely stored protect all personal travel requests are adhered to within an overall travel policy with every booking.
Other management services will often improve MIS reporting, account management, risk management, cost/expense management, traveller tracking/security and travel policy loyalty. Many TMCs will now also give online self-booking tools whereby organisations can make their own flight and hotel reservations and bookings. Travel management companies will also typically manage with vendors/suppliers to give discounted price and loyalty programs.
Features of a Travel Management System
· Package Management
· Customize your Sales Funnel
· Online and Offline Enquiry Management
· Lead scoring And Distribution
· Centrally view enquiries of all offices
Benefits of Using a Travel Management System
· You can auto allocate leads to concerned team members.
· You can integrate third party telephony integrations directly into your CRM Dashboard.
· You can tag incoming leads as Hot/ Warm cold helping you focus on converting the hottest ones first.
· You can pull calls and emails generated from your billboards directly into your inbox.
· Each time a lead is generated a customer account gets auto created and if it’s an existing lead then the old account gets updated.
· Another travel management system benefit is that you can keep a track of all mentions of your company on social media through easy API integrations.
Online Travel Management Software
On day-to-day basis we understand that how complicated for service providers to deal with diversity of challenges comes in travel industry. That’s why We, BookingXML come with best Online Travel Management System which have comprehensive Travel Management System with user-friendly, feature-enriched, and flexible platform.
Travel Management Software is designed to support travel agent, tour operator, Destination Management Company and travel agency to respond effectively to their clients’ requisites.
Integration with online booking technology, Online Travel Management Software is entire travel software solution deliver end-to-end solutions for Travel Reservation, Hotel Reservation, Operations, Back-Office, contracts, and distribution system.
Why choose BookingXML Travel Management Software?
BookingXML offers complete Travel Management Software with advanced features of Travel Reservation Software.
· An all-inclusive travel management application
· Built on an advanced and scalable technology
· Flexible and easy to use
· Easy to customize as per clients’ need.
· Efficient client management featuring the complete details of clients’ queries
· Sophisticated documentation system with automated billing, receipts and vouchers
· Management of highly intricate mark-up modules across a variety of channels
· Highly secured back-office system
· Helps to establish brand loyalty
· Curtail significant capital expenses and improve ROI
· Dedicated customer support from experts
Features of Travel Management Software:
· Dynamic and responsive web design
· Latest design structure with seamless flow
· Can be used to sell packages country wise / globally
· Amazing backend to support all operational functions
· Reporting module with real time mechanism
· Connected to social media along with features like Facebook login
Benefits of working with a travel management company:
· No fine print or hidden fees
· Around the clock support
· Manage unused airline tickets
· Assist you with making your corporate travel strategy
· Give obligation of care support
· Negotiate air, hotel, and car rental contracts
· Stay organized with traveller itineraries, profiles, and documents
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