Do you have a Travel Policy? When was it last reviewed? How is it communicated and to whom?
A Travel Policy can be an effective Management Tool that ensures that the company’s guidelines on travel are efficiently communicated to all concerned, so ensuring that there is optimum control over the travel budget.
Too often the policy is not updated to reflect changes in the market or changing needs by the company. A Policy needs to be ‘owned’ by someone and communicated effectively from the top downwards. Preferred suppliers need to be acknowledged with an explanation as to what the collective corporate benefits are.
One of the valuable services offered by Millennium is our Travel Policy Consultancy service. Experience, time and time again demonstrates to us that companies are better able to take up Millennium’s cost saving recommendations, and hence achieve greater real savings, when there is a meaningful travel policy in place.
