Business travel keeps teams connected and supports partnerships across borders. With 2025 on the horizon, efficient management of corporate trips has become a priority. Modern tools help companies plan trips, stay on budget, follow policies, and handle processes effectively. By addressing challenges like expense tracking and policy compliance, these solutions make business trips smoother and more manageable. As companies look for ways to adapt, reliable options are becoming a key part of running operations successfully.
What is business travel management?
Managing business trips is the process companies use to organize and handle all aspects of corporate trips. This includes arranging flights, booking accommodations, tracking expenses, and keeping employees safe while traveling. It covers everything from short trips for business client meetings to longer international stays. It’s about creating an approach that keeps everything running smoothly while staying within budgets and meeting company policies.
Managing business trips effectively is essential for keeping costs under control. Companies need to monitor spending, avoid unexpected expenses, and confirm that every trip is necessary and financially responsible. Another key part is policy compliance – travel arrangements must align with internal guidelines, and business travellers should have clear rules to follow.
Employee safety is also a priority, especially for international travel. Companies need tools to track where employees are, provide support during emergencies, and meet duty-of-care responsibilities. Managing bookings, approvals, and expenses in a more organized way can also reduce delays and administrative work.
By using practical tools entities can handle trip planning with greater ease, keep the staff satisfied, and reduce unnecessary spending. The right approach can improve processes, provide better oversight, and create a smoother experience for both companies and their traveling workers.
What solutions do companies use to book business trips?
Corporate travel management now includes a diverse range of user-friendly booking tools and services to meet the needs of entities of all sizes. Companies typically rely on three main options when managing their travel requirements, each offering competitive advantages and limitations. These options are not only used for corporate trips but can also support leisure trips when companies extend travel benefits to workers or allow blended travel arrangements.
Traditional travel agencies
Traditional travel agencies continue to be a trusted option for companies dealing with complex travel arrangements or requiring tailored support. These agencies handle bookings for flights, accommodations, and car rentals, often negotiating corporate rates to help enterprises save money on travel costs. They are particularly useful for companies with unique or intricate itineraries that demand manual adjustments or specialized knowledge. However, traditional agencies often lack automation and instant updates provided by modern tools. This can make them less adaptable for entities that need scalable solutions as their travel needs grow.
While they excel in hands-on service, traditional agencies may not always provide real-time expense tracking or smooth integration with a company’s internal systems. This can result in inefficiencies for larger organizations or those that rely heavily on data-driven decisions.
Consumer booking sites
Platforms like Expedia, Booking.com, and Skyscanner are often used by smaller firms or those with minimal travel needs. These sites are convenient, easy to use, and provide access to a wide range of options for flights, hotels, and other travel services. They are especially appealing for their transparency in pricing and the ability to quickly compare multiple options.
Despite their convenience, these platforms lack features tailored to corporate travel. They do not typically include tools for expense tracking, travel policy enforcement, or centralized reporting, which are important for managing larger travel budgets or maintaining compliance with company guidelines. Additionally, consumer booking sites require business travellers to handle booking trips individually, which can lead to inconsistencies and reduced oversight for companies with multiple travelers.
Travel management software
Modern programs have become a preferred choice for companies with frequent or large-scale travel needs. These platforms bring together booking, expense management, and compliance monitoring into one system, creating a more efficient and organized way to handle travel. With features like real-time updates, automated workflows, and integration with accounting and HR systems, travel management solutions provide greater control over their travel programs.
One of the biggest advantages of these tools is their ability to give real-time insights into travel spending. Companies can monitor expenses as they occur, helping them maintain budgets and identify areas where costs can be reduced. The software also supports the approval process, allowing all travel bookings to align with corporate policies without delays. Additionally, many platforms include mobile apps, giving team members the flexibility to manage bookings and track expenses while on the move.
Unlike traditional agencies or consumer booking sites, the software provides scalable solutions that adapt to their growth. These effective tools allow companies to make data-driven decisions, improve traveler satisfaction, and maintain better oversight of travel spending.
What is business travel management software?
Business travel management software helps companies handle corporate travel efficiently by bringing all essential functions together in one user-friendly platform. It allows to manage travel bookings, monitor expenses, maintain policy compliance, and gain valuable insights from travel data. These tools are an important part of corporate operations, particularly for companies with frequent or complex travel needs. Here are their benefits:
- Centralized management. The system combines all travel-related activities into a single platform, making it simpler to book flights, track expenses, and manage itineraries. This reduces the need for multiple tools and keeps all travel information organized in one place.
- Access to real-time data. Users can monitor travel expenses and compliance as they happen, allowing for quick adjustments when needed. Timely insights help companies stick to budgets and identify areas for improvement.
- Automation. Tasks like booking approvals, expense reporting, and compliance checks are automated, cutting down on manual work. This saves time, reduces errors, and allows personnel to focus on more valuable tasks.
- Employee safety. The software supports duty of care responsibilities with essential features like real-time tracking of employee locations and tools for providing assistance during emergencies. Incorporating risk management features into travel tools, helps companies proactively address potential issues.
- Cost control. Detailed reporting and analytics help find opportunities to reduce travel expenses, optimize budgets, and negotiate better rates with vendors. This proactive approach minimizes unnecessary spending.
- Policy compliance. Programs apply corporate travel rules directly into the booking and approval processes, helping employees follow company guidelines and minimizing non-compliant bookings.
- Integration with other systems. Many travel management platforms connect with accounting and HR systems, helping to align travel data with payroll, reimbursements, and overall financial reporting.
By adopting software, companies can improve their operations, support team members during travel, and gain better control over expenses. These tools adapt to various business needs, making them an important part of modern corporate travel strategies.
Key features of a modern business travel management tool
To meet the demands of 2025, modern tools must include the following functions:
- Instant card issuance. Allows companies to issue virtual and physical corporate cards instantly, giving employees immediate access to funds while maintaining control over spending. This feature is especially useful for last-minute travel needs and improves overall flexibility and responsiveness.
- Real-time expense tracking. Offers visibility into travel spending, helping businesses stay within budgets and identify cost-saving opportunities.
- Automated approval workflows. Supports compliance with company policies while minimizing administrative delays.
- Mobile accessibility. Allows personnel to handle travel bookings and expenses, providing greater flexibility and ease of use.
- Integration capabilities. Connects with accounting, HR, and other systems to simplify operations and data sharing.
- Sustainability options. Monitors carbon footprint and provides eco-friendly travel choices, helping businesses meet ESG commitments.
- Security and compliance. Meets standards like PCI DSS to protect transactions and safeguard sensitive data.
Modern tools like these significantly simplify corporate travel and help businesses meet operational and sustainability goals efficiently.

11 top business travel management software
1. Wallester
Wallester is a powerful platform that combines travel expense management with cutting-edge payment solutions. It allows companies to issue virtual and physical corporate cards instantly, providing greater control over spending and enabling real-time tracking of transactions. The platform’s advanced analytics offer detailed insights into travel expenses, allowing you to identify cost-saving opportunities and stay within budgets. Wallester also integrates with key corporate systems, such as accounting and HR software, to centralize financial data and improve operational efficiency. A built-in 3D Secure system embedded directly in the app replaces the need for external SMS or email verification, simplifying online purchases. Wallester also eliminates paperwork by allowing employees to snap receipts through the app using OCR, automatically attaching them to corresponding transactions. With its high-security standards and customizable features, Wallester is a versatile tool for entities of all sizes.
2. TravelPerk
TravelPerk simplifies corporate travel by offering a user-friendly booking platform with easy access to a wide range of flights, hotels, and rental cars. It includes features like carbon offset programs and sustainability tracking, allowing companies to align their travel activities with environmental goals. TravelPerk also provides expense management tools, automated invoicing, and policy enforcement to keep operations efficient and compliant. Its 24/7 customer support makes it a top choice for companies prioritizing employee satisfaction and flexibility.
3. Spendesk
Spendesk specializes in financial management, with a focus on expense tracking and reporting. Its travel module allows to manage travel-related spending through pre-approved budgets and virtual cards. The platform automates expense approvals and integrates with accounting systems to simplify financial reconciliation. Spendesk’s reporting features provide real-time visibility into travel costs. The software’s intuitive interface makes it easy for workers to submit and manage expenses while staying aligned with company policies.
4.CWT
CWT (Carlson Wagonlit Travel) is a global travel management company known for its comprehensive corporate travel solutions. It offers a full suite of services, including booking management, expense tracking, and duty of care tools. CWT’s platform provides real-time updates on travel plans to monitor team members’ safety and provide support during emergencies. Its expertise in global compliance and partnerships with major travel vendors make it an excellent choice for multinational corporations. CWT also offers data-driven insights to help improve efficiency and reduce travel costs.
5. SAP Concur
SAP Concur is a leader in corporate travel and expense management, offering a wide range of tools to handle travel bookings, expense reporting, and compliance. Its automated invoicing system improves payment processes, while its mobile app allows employees to book trips, track expenses, and upload receipts on the go. SAP Concur integrates with enterprise resource planning (ERP) systems, giving a centralized view of their financial data. Its detailed analytics helps companies to identify trends, manage spending, and improve overall strategies.
6. Ramp
Ramp is an innovative platform that focuses on expense tracking and management through automation. Its AI-powered solutions simplify expense reporting by categorizing transactions automatically and highlighting potential cost savings. Ramp also provides virtual cards for workers, offering spending controls and real-time tracking. The platform’s integration with accounting software guarantees that financial data is always accurate and up-to-date. Ramp is particularly popular among tech-savvy enterprises looking for modern solutions to improve financial operations.
7. Flightfox
Flightfox provides tailored travel solutions, making it ideal for entities with complex or unique travel needs. Instead of relying solely on automated systems, Flightfox combines technology with expert travel agents to deliver personalized itineraries and cost-effective options. The platform is particularly valuable for companies that require unconventional routes or premium travel experiences. Flightfox also offers tools for tracking travel expenses and monitoring employee itineraries.
8. Navan (formerly TripActions)
Navan is a reliable platform that integrates travel operations control with expense tracking, creating a smooth experience for users. Its advanced technology includes features like predictive analytics and automated policy enforcement to align all bookings with company guidelines. Navan’s intuitive interface allows to book travel and manage expenses in one place. The platform also provides real-time insights into spending, helping optimize travel budgets and maintain better control over operations.
9. TravelBank
TravelBank offers travel tools for booking flights, hotels, and car rentals while staying within company budgets. It includes features that allow for self-booking, provides real-time cost analysis and recommendations, allowing to make smarter financial decisions. TravelBank also includes a rewards program that incentivizes team members to save company money by choosing more cost-effective travel options. With its mobile-friendly interface and built-in expense reporting features, TravelBank simplifies travel oversight for companies and personnel alike.
10. Circula
Circula is a comprehensive expense management tool that improves travel expense approvals and compliance. It automates receipt collection, categorization, and reimbursement processes, saving time for both workers and finance teams. Circula also supports multi-currency transactions, making it suitable for companies with international operations. The platform’s detailed reports provide insights into spending patterns, helping identify inefficiencies and control costs.
11. TripIt
TripIt simplifies travel planning by organizing itineraries into a single, easy-to-access platform. Travelers can forward booking confirmations to TripIt, which automatically consolidates details for flights, hotels, and car rentals into one view. The platform acts as a central location for all travel information, offering features like real-time flight alerts, weather updates, and alternate route suggestions, making it a valuable companion for frequent travelers. TripIt’s mobile app provides quick access to travel details.
How to elevate your business travel management
Improving trip planning and organization starts with adopting tools and strategies that address the entire travel process, from booking trips to expense tracking and compliance. Modern platforms provide centralized solutions, helping manage trips, monitor expenses, and enforce policies all in one place. Choosing a tool that connects effortlessly with existing systems, such as accounting or HR software, can simplify workflows and reduce the administrative burden.
Real-time visibility into travel expenses is another key factor. Platforms that provide up-to-date data on spending help maintain better control over budgets and identify opportunities to reduce costs. Additionally, automation of processes like approval workflows and reporting eliminates delays and minimizes manual work.
Another way is by selecting solutions that cater to your company’s specific business needs. This could mean choosing tools with built-in compliance features, support for multi-currency transactions, or options for monitoring employee safety during trips. For companies with global operations, tools that address international travel challenges, such as VAT recovery and exchange rate tracking, can be especially valuable.
Finally, companies can benefit from working with travel management providers that offer flexible and scalable options. This allows users to adjust their approach as their travel needs change, providing long-term efficiency and cost control. By prioritizing these factors, companies can transform their travel management processes into a system that supports both operational goals and employee satisfaction.
Corporate travel management trends for 2025
Corporate travel is changing, with new technology and sustainability becoming bigger priorities. Here are some emerging trends for 2025:
- AI-driven tools. Artificial intelligence is helping companies make smarter travel decisions. It’s being used to suggest cheaper routes, predict potential delays, and handle repetitive tasks like updating itineraries. These advancements represent a key area of technological innovation, reducing time spent on planning and making the process easier for the staff and corporate travel managers.
- Sustainability goals. Companies are paying more attention to their environmental impact, and travel management platforms are adapting. Many now include features for tracking carbon emissions, choosing greener travel options, and supporting carbon offset programs. This helps companies make travel decisions that align with their sustainability commitments.
- Mobile solutions. Mobile apps are making it simpler for those who need to book, track, or adjust their trips on the go. Having quick access to itineraries, expense submissions, and travel updates keeps everything organized and easy to manage, no matter where employees are.
- Cost management. Controlling travel costs is still a top priority. Businesses are focusing on tools that show real-time spending data, help avoid unnecessary expenses, and stick to budgets. This is especially useful as travel prices continue to rise globally.
These trends demonstrate how companies are moving toward more practical, cost-focused, and sustainable alternatives for managing travel. Adopting these approaches helps companies handle travel challenges while staying efficient and flexible.
Choosing the best business travel management software
When picking a travel management tool, here are some key things to think about:
- Ease of Use: The travel management platform should be simple and easy for team members to understand and use without extra training.
- Integration: It should work well with the tools your entity already uses, like accounting or HR systems.
- Scalability: Choose software that can grow with your firm and handle increased travel needs as your company expands.
- Sustainability: Look for features that help track carbon emissions or offer eco-friendly travel options, as these are becoming more important.
The right software should fit your company’s needs today and be flexible enough to support future growth.
Level up your business travel management with Wallester
Wallester offers a practical solution for clients that need better control over their travel and expenses. With tools like real-time expense tracking, instant card issuance, and clear reporting, it simplifies the way companies handle corporate travel.
One of its most useful features is the ability to issue virtual and physical corporate cards instantly. This gives employees the flexibility to cover expenses securely, while companies can set business travel spending limits and monitor usage. Virtual cards are especially handy for online bookings, while physical cards work well for on-the-go expenses. All cards are fully compatible with Apple Pay, Google Pay, Samsung Pay, and other digital wallets, allowing for fast and contactless payments anywhere in the world.
The platform’s expense tracking keeps businesses up to date on spending. Managers can monitor transactions as they happen, making it easier to stay within budget and avoid unnecessary costs. The reporting tools also provide insights into spending patterns, which can help companies plan better and save money in the long run. Real-time push notifications and in-app transaction summaries help travelers stay informed without the need for manual reporting, while OCR technology supports automatic receipt capture and linking.
Wallester grows with your business. Whether you’re managing travel for a small team or an international workforce, its scalable system can handle your needs. The platform also integrates with accounting and HR systems, reducing the time spent on administrative tasks. It supports over 150 currencies and operates in more than 180 countries through the global Visa network, which makes it suitable for international travel and multi-currency expense control.
With Wallester, companies can simplify their travel oversight while gaining better oversight and keeping employees equipped for their trips. It’s an efficient, flexible tool for modern companies.
What is the future of business travel?
What are the four C’s of corporate travel management?
Cost. Keeping travel expenses within budget and identifying cost savings opportunities.
Convenience. Providing employees with access to simple and efficient travel solutions.
Control. Managing travel policies, approvals, and budgets effectively.
Compliance. Making sure all travel aligns with company policies and industry regulations.
How do you manage business travel?
1. Using special programs to book flights, hotels, and transportation.
2. Setting clear travel policies for employees to follow.
3. Tracking expenses in real-time to maintain budgets.
4. Approving travel plans and monitoring compliance with company rules.
5. Ensuring traveler safety through duty-of-care tools like real-time tracking and support.