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Corporate Travel is one of the highest headers in a firm’s ledger with any travel requirement. Though corporate travel is a source of bringing in more clients and revenues, it can be deficient for the company if it is not managed well. Travel Management refers to the designing and managing travel requirements in order to bring maximum benefits to the company with lowest possible costs.

Maintaining useful travel data is not easy. Many firms face the problem of not having relevant data of past travels and inability to consolidate reports when they are needed the most. This undervalued problem arises during the budgeting season. Organized data can provide statistics relevant for future travel plans.

Another major hurdle to cost effect...

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