Sponsored by Energy Trust

Easy ways to tighten travel costs

| Print |  Email
Monday, October 01, 2007

{safe_alt_text}

EVEN FOR COMPANIES trying to operate on a tight budget, some travel is often unavoidable. “You have to stay in front of your customers,” says Joe Murray, vice president of River City Travel in Portland. But travel costs don’t have to eat away at the bottom line. Here are a few tips from the Small Business Administration and local experts that can help any company:

Have a travel policy. Guidelines go a long way toward travel savings. According to the SBA, your policy should detail how to approach traveling while on the company clock.

Use a company credit card. A centralized form of payment provides a monthly expense report while also reflecting benefits back onto the company. “They provide a record of actual spending,” says Judy Myers, manager of business development at Azumano Travel.

Consolidate trips when possible. A travel agent can help get the best price for a block of airplane seats or several hotel rooms. And consider trimming the number of travelers.

Keep detailed records. “Data collection will centralize how you book your travel,” says Myers. Through detailed record-keeping trends emerge and companies can see where they need to put their money and where they can afford to cut back.

Call in the experts. On or offline, a company specializing in corporate travel can evaluate your company’s travel patterns and recommend cost-cutting measures such as hotel or airfare discounts. “Use a travel agency that can help you negotiate rates,” says Murray.

Join an airline perks program. Most large airlines offer discounts and incentives, says Myers. Preferred carriers and business rewards programs work best when your company goes through one or two travel agencies and can provide an accurate record of travel data trends. After all, the same frequent travel bonuses that benefit vacationers also reap rewards, in much larger terms, for corporate travelers.          

COLLEEN MORAN


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...

Corner Office: Timothy Mitchell

January-Powerbook 2015
Saturday, December 13, 2014

A look-in on the life of Norris & Stevens' president.


Read more...

Growing a mobility cluster

News
Friday, October 31, 2014
0414 bikes bd2f6052BY LINDA BAKER | OB EDITOR

Why are there so few transportation startups in Portland?  The city’s leadership in bike, transit and pedestrian transportation has been well-documented.  But that was then — when government and nonprofits paved the way for a new, less auto centric way of life.


Read more...

The short list: Holiday habits of six Oregon CEOs

The Latest
Thursday, December 11, 2014
121214-xmaslist1BY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask business and nonprofit leaders how they survive the season.


Read more...

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

Three problems with Obama's immigration order

News
Wednesday, November 26, 2014

BY NISHANT BHAJARIA | OP-ED CONTRIBUTOR112614-immigration-thumb

By now, anyone who knows about it has a position on President Obama’s executive order on immigration. The executive order is the outcome of failed attempts at getting a bill through the normal legislative process. Both Obama and his predecessor came close, but not close enough since the process broke down multiple times.


Read more...

The 100 Best Companies survey is open

News
Friday, October 24, 2014

100-best-logo-2015 500pxw-1How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS